Dealer Credit Analyst

Mercedes-Benz Group • Fort Mill, SC

145d • Hybrid

About The Position

Daimler Truck Financial Services is the captive financial services provider for Daimler Truck North America. DTFS Dealer Credit provides floorplan inventory financing, along with a suite of other financing products to support Freightliner, Western Star, and Thomas Built Bus dealerships, as well as Truck Equipment Manufacturers that utilize these brands. Dealer Credit Analysts analyze the financial condition of commercial vehicle dealerships and/or truck equipment manufacturers and their affiliated companies for the purpose of extending new lines of credit or continuing existing lines of credit. Analysis is accompanied by a recommendation to the appropriate level of credit authority. Dealer Credit Analysts are also responsible for continuous monitoring of all borrowers, their financial performance, and proper payment of all lines of credit. In this role, Analysts must communicate with Dealer Principles/Owners and Chief Financial Officers, Field Sales Team, Credit Management, and Legal Counsel on a regular basis.

Requirements

• BS/BA and prefer 2-4 years of relevant experience or 6 years of relevant experience in lieu of degree.
• 3+ years of experience in fundamental accounting and/or automotive industry commercial finance.
• Experience in credit analysis and automotive commercial underwriting.
• Financial statement review and cashflow analysis.
• Commercial lending or dealer finance.
• Risk assessment or portfolio management.
• Ability to collect data and establish facts and identify trends and variance.

Nice To Haves

• Bachelor's Degree preferred with focus in Business Administration, Accounting, Finance, Mathematics, or Statistics.
• 3-5 years of prior credit experience in a lending environment.
• Experience in Wholesale Audit.
• Understanding of Universal Commercial Code (UCC).
• Demonstrated business acumen, including the ability to understand dealership operations, financial drivers, and market dynamics to assess creditworthiness and risk.
• Proven organizational savvy, with the ability to navigate complex structures, build cross-functional relationships, and influence stakeholders effectively within a corporate environment.
• Demonstrated Customer Focus and ability to build strong relationships.
• Proven Flexibility and ability to Adapt to Change.
• Exceptional Attention to Detail and Problem Solving & Analysis skills.
• Effective Teamwork and Collaboration capabilities.

Responsibilities

• Prepare, analyze and submit new credit requests, as well as file reviews, to the Dealer Credit Manager providing sound and reasoned explanations.
• Perform monthly reviews of dealership financial statements and make sound and reasoned recommendations to the Dealer Credit Manager based on guidelines established by Daimler Truck Financial and previous experience with the dealership.
• Make recommendations regarding subordination, guarantees, state legal requirements, UCC's and other forms or agreements which protect the interests of Daimler Truck Financial.
• Prepare and maintain dealer document files in accordance with established procedure.
• Provide daily service to DRM's/RFM's, Region Managers, dealer personnel, and management regarding credit files, system issues, approvals/contingencies, documentation and financial statements.
• Review wholesale inventory and book audits and make recommendations to the Dealer Credit Manager on audit issues and exceptions.
• Communicate with Dealer personnel during all stages of the credit request and maintenance process including monthly financial statement reviews.

Benefits

• Annual bonus program.
• 401k company contribution with company match up to 6% as well as non-elective company contribution of 3 - 7% depending on age.
• Starting at 4 weeks paid vacation.
• 13+ calendar holidays.
• 8 weeks paid parental leave.
• Employee assistance program.
• Comprehensive healthcare plans and wellness programs.
• Onsite fitness (at some locations).
• Tuition assistance and volunteer paid time off.
• Short-term and long-term disability plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Merchant Wholesalers, Durable Goods
• Education Level: Bachelor's degree