Auto Dealership Commercial Services UnderwriterApply Req ID: Req0950905 Date posted 04/22/2022
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.
Leads deal diligence process including identifying all key risks.
Reviews relevant deal documents / information provided by Company and third party reports.
Helps to structure deals.
Oversees internal approval process including ensuring accurate and timely completion of internal approval write-ups and leading deal merit discussion on internal approval calls.
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 functions.
Bachelor's Degree or equivalent work experience in Finance, Accounting, Management, Economics or equivalent field
5-9+ years of hands-on underwriting, financial analysis, structuring, and portfolio management experience in the commercial auto dealership industry
Skills and Abilities:
Superior written and verbal communication skills
Strong analytical skills and proficient with financial statements
Ability to work in a fast paced environment with little supervision
Ability to work well with others and on teams
Proficient in Microsoft Office, including Word, Excel and PowerPoint
Skilled in proposing and negotiating and recommending credit and covenant structures
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 analysis
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.
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: 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
Organization: Santander Bank N.A.
As a part of our commitment to the health and safety of our employees and clients, we have implemented COVID-related health and safety requirements for our workforce. These requirements may include all or some combination of: disclosing your vaccination status, being fully vaccinated, regular testing, mask wearing and social distancing. As you go through our selection process, the requirements will be clearly disclosed to you.