Analyst, Credit

The successful candidate will possess strong credit analysis, analytical, and communication skills. The Credit Analyst will prepare and present timely and accurate credit review recommendations that thoroughly identify the overall risk exposure in new or existing relationships. Analysis of the monthly financial statements, tax return reconciliations, floor plan audit results, and operational performance are key to loss mitigation. The analyst will develop and maintain strong working relationships with the dealership contacts for their assigned portfolio and provide a high level of customer service. The analyst will also review loan documentation, including UCC filings and organizational documents.

Responsibilities

• Analyze financial trends month over month and year over year; identify deteriorating trends and explain ratio fluctuations in presentations to management.
• Reconcile dealership factory statements to tax returns/CPA statements; research irregularities and make adjusting entries in the financial analysis system.
• Prepare credit reviews which identify and detail the risk exposure in new or existing relationships; provide recommendations on loan requests.
• Review floor plan audit results, collect payments due, and communicate results to management; ensure audits are properly scheduled.
• Conduct floor plan audits at a dealership on occasion.
• Monitor payment trends at assigned dealerships and follow up on any irregularities identified.
• Establish and maintain strong working relationships with dealership personnel; respond quickly and professionally to requests.
• Travel to assigned dealerships on occasion to solidify relationships and monitor financial condition.
• Review loan documents, organizational documents, and UCC filings.
• Prepare loan documentation checklists and clear loan compliance exceptions.
• Prepare monthly reporting packages for management.
• Provide recommendations and work on projects to improve operational efficiency.

Qualifications

• Bachelor’s degree in business, finance or accounting preferred, and/or equivalent work experience required.
• Knowledge of automotive dealer commercial credit operations (Inventory floor plan financing, working capital and acquisition loans, real estate mortgages and facility construction loans).
• Minimum of two years experience in commercial credit underwriting with an emphasis on the automotive field.
• Knowledge of commercial credit loan documentation.
• Strong critical credit analysis skills, including the ability to provide credit and financial statement analysis: sales and profit, liquidity and leverage, cash flow and debt service coverage, loan-to-value and collateral coverage, ratio measurement and trending—both statistically and in narrative form.
• Field floor plan auditing would be considered a plus.
• Ability to work under minimal supervision with effective time management of multiple priorities and organizational skills.
• Possess exceptional verbal and written communication skills and exhibit effective interpersonal skills.
• Microsoft Office competence.
• Ability to travel when necessary, although not frequently.

#Hybrid

This job description may not be inclusive of all assigned duties, responsibilities, or aspects of the job described, and may be amended at any time at the sole discretion of JM Family. All work arrangements are subject to associate performance, business need and manager discretion, and may be revised as necessary.

JM FAMILY IS PROUD TO BE AN EQUAL OPPORTUNITY EMPLOYER

JM Family Enterprises, Inc. is an Equal Employment Opportunity employer. We are committed to recruiting, hiring, retaining, and promoting qualified associates without regard to age, race, religion, color, gender, sex (including pregnancy, childbirth and related medical conditions), sexual orientation, gender identity, gender expression, mental or physical disability, national origin, marital status, citizenship, military status, genetic information, veteran status, or any other characteristic protected by federal, state, provincial, or local law.

DISABILITY ACCOMMODATIONS

If you have a disability and require a reasonable accommodation to complete the job application process, please contact JM Family’s Talent Acquisition department at [email protected] for assistance. If you have an accommodation request for one of our recruiting events, please notify us at least 72 hours prior so that we may provide assistance.