Auto Dealership Commercial Services Underwriter
Company: Santander Holdings USA Inc
Posted on: June 23, 2022
Dallas, United States of America
WHAT YOU WILL BE DOING
Reviews, analyzes and evaluates risks in order to renew existing
business or generate new accounts. Determines appropriate terms and
conditions for coverages and rates for program profitability.
Contributes to the profitable growth of specific program(s) by
maintaining pricing integrity, product excellence, and the
development of meaningful performance metrics and controls.
Underwrites risk (i.e., selection/rejection of new and renewal
business). Analyzes quality and quantity of risks underwritten and
prepares reports accordingly. Administers and monitors underwriting
rules and guidelines, rating manual rules, laws and regulations.
May review books of business as well as profit/growth results and
trends to recommend and implement action plans.
Receives and reviews incoming loan application requests and
supporting documentation delivered through managed electronic
lending portals, queues or other avenues of receipt for loans to
commercial auto dealerships
Underwrites and processes loans depending on department need to
meet stated service levels.
Utilizes department policies & guidelines, in addition to cognitive
thinking, to build profitable, performing secured and unsecured
Conducts credit analysis on each loan applications including review
of cash flow analysis, debt-ratio calculations, credit-scoring and
Communicates with internal and external parties to ensure all
appropriate information has been received from borrowers to best
evaluate loan requests and ability to repay as stated.
Manages pending applications within Loan Origination System (LOS)
queues as directed.
Reviews applications and credit.
Analyzes collateral, credit and loan risk.
Reviews loan documents.
Handles data input, reporting, servicing.
To perform this job successfully, an individual must be able to
perform each essential duty satisfactorily. The requirements listed
below are representative of the knowledge, skill, and/or ability
required. Reasonable accommodations may be made to enable
individuals with disabilities to perform the essential
Bachelor's Degree or equivalent work experience in Finance,
Accounting, Management, Economics or equivalent work experience
Skills and Abilities:
Hands on experience underwriting COMMERCIAL loans to auto
dealerships is required - you will not be considered if you do not
possess this very specific experience
Organized and self sufficient
Experienced underwriter - knowledge of underwriting and experience
with all underwriting procedures
Ability to effectively present information and respond to questions
from groups or managers, members, and general public
Excellent member service skills
Detail oriented, common sense decision-making; above average oral,
written and communications skills
Ability to define problems, collect data, establish facts, and draw
Ability to work with mathematical concepts, such as profitability
and statistical inference
Ability to apply concepts, such as fractions, percentages, ratios
and proportions, to practical situations
Capacity to complete the project on time
Diversity & EEO Statements: At Santander, we value and respect
differences in our workforce and strive to increase the diversity
of our teams. We actively encourage everyone to apply.
Santander is an equal opportunity employer. All qualified
applicants will receive consideration for employment without regard
to race, color, religion, sex, sexual orientation, gender identity,
national origin, genetics, disability, age, veteran status or any
other characteristic protected by law.
Working Conditions: Frequent Minimal physical effort such as
sitting, standing and walking. Occasional moving and lifting
equipment and furniture is required to support onsite and offsite
meeting setup and teardown. Physically capable of lifting up to
fifty pounds, able to bend, kneel, climb ladders.
Employer Rights: Employer Rights: This job description does not
list all of the job duties of the job. You may be asked by your
supervisors or managers to perform other duties. You may be
evaluated in part based upon your performance of the tasks listed
in this job description. The employer has the right to revise this
job description at any time. This job description is not a contract
for employment and either you or the employer may terminate at any
time for any reason.
Primary Location: Dallas, Texas, United States of America
Other Locations: Texas-Dallas,Michigan-Lansing
Organization: Santander Bank N.A.
Keywords: Santander Holdings USA Inc, Lansing , Auto Dealership Commercial Services Underwriter, Other , Lansing, Michigan
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