The Opportunity
As part of the Commercial Services Group, the Senior Underwriter - Commercial Credit will be responsible for completing the financial analysis and related due diligence for extensions of credit lines to current and prospective business customers.
The position requires the ability to perform in-depth analysis (including forecasting, cash flow and liquidity analysis, validation of financial records, credit investigations), use a proprietary risk modeling system, and make recommendations regarding the creditworthiness of the credit extension that mitigates risk and complies with corporate and regulatory policies and procedures.
In addition, the Underwriter must provide a high level of customer service and will regularly communicate with key internal and external personnel.
Highly preferred role is based in Lewisville, TX or Lawrenceville, GA
The Work Itself
Conducts detailed financial analysis on companies in various industries utilizing financial statements and supporting documentation, including data obtained from both internal and external sources.
Prepares timely, formalized proposals summarizing the analysis, identifying any credit concerns and includes recommendations for the credit extension.
Completes reviews of ownership, licensing and other related items to document company compliance and ensure that guidelines are met.
Interfaces and communicates with key personnel of companies, automotive dealership personnel and stakeholders to obtain all required information.
Updates company records, reports and risk modeling systems with information gather during the underwriting review process.
Executes other related responsibilities and projects as assigned.
Participates in and supports ongoing professional development and training initiatives.
Ensures compliance with company policies, procedures, and external regulations.
Provides training and mentorship to interns, new department hires and matrix partners.
Participates on special assignments to improve processes and enhance department training material.
The Skills You Bring
Undergraduate degree or equivalent training.
Minimum four years of commercial credit underwriting or equivalent commercial lending experience preferred.
Understanding of dealership and wholesale administration a plus.
Strong financial analysis and analytic / problem solving skills required.
Proficient in intermediate MS applications (Word, Excel, Access and PowerPoint).
How We'll Have Your Back
Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals.
Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including :
- Time Away : 11 paid holidays, 20 paid time off days, and 8 hours of volunteer time off, yearly (paid time off is prorated based on start date)
- Planning for the Future : plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.
- Supporting your Health & Well-being : flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.
- Building a Family : adoption, surrogacy and fertility assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult / elder care days and childcare discounts.
- Work-Life Integration : other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.
- Other compensations : depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and / or equity.
Sr. Auto Commercial Underwriter
As part of the Commercial Services Group, the Senior Underwriter - Commercial Credit will be responsible for completing the financial analysis and related due diligence for extensions of credit lines to current and prospective business customers. Minimum four years of commercial credit underwriting ...
Commercial Loan Processor - To 70K - Roselle, IL - Job 3254
Preparing all necessary loan documents including Promissory Notes, Business Loan Agreements, Construction Loan Agreement, Disbursement Request and Authorization, Resolutions, and Loan Checklists using information from the loan application, profile, and title policy. Renewal loan processing includes ...
Administrative Assistant
The Administrative Assistant's duties include providing clerical support to ensure efficient operation of the office by working collaboratively with management and peers on various tasks and projects while following the Alliance Laundry Systems quality standards, policies, and procedures. The Admini...
Administrative Assistant
The Administrative Assistant will perform administrative tasks and services to support effective and efficient operations for members of our Leadership Team reporting directly to the Human Resource Manager. Administrative support can include but is not restricted to presentation preparation, data an...
(Work At Home) Data Entry - Remote - Administrative Assistant
As a reminder the folks who work with us come from a wide variety of backgrounds like customer service representative, administrative assistant, health care workers, human resources, warehouse workers, car delivery drivers, remote work from home professionals, and many more. ...
Mortgage Loan Processor
Mortgage Loan Processors must have strong organization skills, as well as the ability to maintain effective communication with the member, Mortgage Loan Origination staff and other real estate professionals to ensure coordination and exchange of information for accomplishing the closing of the membe...
Administrative Assistant
Under the direction of the Supervisor of Vanpool Services, the Administrative Assistant provides daily customer service and support for Vanpool staff. This position is responsible for implementing administrative processes in accordance with Pace policies and procedures. Use of analytical and organiz...
PLM Administrative Assistant
Title: PLM Administrative Assistant. The Product Life Management Administrative Assistant performs tasks as necessary to support the Transitions team. They execute administrative and routine functions that supports product disposition including disposition type, coding, sku listing and compliance. ...
Administrative Assistant - Sales
At the Tom James Company, an Assistant supports our sales team members, store leaders, and key organizational leaders in fulfilling our mission to be a global leader in the fashion industry. An Assistant is a valued member of the Tom James sales support team. ...
Administrative Assistant
Administrative Assistant Responsibilities: . Administrative Assistant Requirements: . Proven experience as an administrative assistant or in a relevant role . The ideal candidate will play a crucial role in supporting day-to-day office operations and ensuring smooth administrative processes. ...