Commercial Auto Dealership Underwriter
Company: Santander Holdings USA Inc
Posted on: November 24, 2022
Commercial Auto Dealership Underwriter
Country: United States of America
WHAT YOU WILL BE DOING
USA Job Family Description:
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.
USA Job Function Description:
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.
Essential Functions/Responsibility Statements:
Underwrites commercial loans to auto dealerships.
Helps to structure deals.
Leads deal diligence process including identifying all key
Reviews relevant deal documents / information provided in data
room, by Company / Sponsor, and third party reports.
Oversees internal approval process including ensuring accurate and
timely completion of internal approval write-ups and leading deal
merit discussion on internal approval calls.
Manages legal aspect of deal process.
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 field. (Req)
5+ years of hands-on experience underwriting commercial loans to
auto dealerships. Other experience will not be considered.
Skills and Abilities:
Superior written and verbal communication skills
Strong analytical skills and proficient with financial
Ability to work in a fast paced environment with little
Ability to work well with others and on teams
Proficient in Microsoft Office, including Word, Excel and
Skilled in proposing and negotiating and recommending credit and
Comfortable in customer contact situations including escalations
and potential work-out/loan restructure environments
Ability to foster strong partnerships with the related
documentation and underwriting units
Demonstrated practical and conceptual knowledge of credit and risk
Demonstrated knowledge in financial modeling and able to structure
credit in modeling environment. Able to assist RM's on how to
structure the credit relationship
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.
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.
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.
For NYC Job Applicants: The base annual salary range for this
position is $73,360-$152,375. The exact compensation may vary based
on skills, experience, training, licensure and certifications and
Primary Location: Dallas, Texas, United States of America
Other Locations: Texas-Dallas,Michigan-Lansing,New York-New
Organization: Santander Bank N.A.
Keywords: Santander Holdings USA Inc, Lansing , Commercial Auto Dealership Underwriter, Other , Perry, Michigan
Didn't find what you're looking for? Search again!