Retail Credit Analyst

Volvo Group • Greensboro, NC

3d • $72,600 - $89,700 • Onsite

About The Position

Transport is at the core of modern society. Imagine using your expertise to shape sustainable transport and infrastructure solutions for the future. If you seek to make a difference on a global scale, working with next-gen technologies and the sharpest collaborative teams, then we could be a perfect match. What you will do Part of a dynamic, fast paced, critical team at VFS, you support VFS dealers and customers in the truck, construction, and bus industries. You develop relationships with key dealership personnel including dealership owners and F&I managers. In addition, you interact closely with VFS sales channel leaders. You work closely with these individuals to underwrite, negotiate, structure, and provide credit approvals and financing solutions to meet customer needs. You typically adjudicate deals, including single unit transactions up to 10M. As part of this, you will review customer financial statements, spread financial statements and make recommendations based on analysis of PayNet, balance sheet, income statements, cash flow statements as well as personal financial statements and tax returns. You will help support VFS dealers and customers as we collectively move forward with financing solutions across the various transportation segments supported by the Volvo Group including EMobility. Each day provides unique opportunities for growth and the use of your knowledge and experience to support your team, VFS, and our customers. You will be part of an on-site team in Greensboro reporting to the Retail Credit Manager. What is the job? You are the face and voice of VFS to our dealers and key customers. You are an integral part of the Retail Team and support system for our dealer network. In most cases, you will work directly with dealership F&I team, hold joint calls with VFS sales and customers, work directly with them to support new credit requests, negotiate existing open approvals, provide alternate financing solutions or structures and support general dealer inquires. You build trust with our dealers, customers, and sales teams to become a trusted advisor.

Requirements

• BA/BS degree in Business Administration, Finance, or another related field (or equivalent amount of credit analysis experience).
• Experience in loan or lease transactions in retail or commercial underwriting, banking fields, portfolio asset management or credit/risk management (ideally 5-7 or more years preferred).
• Experience in a fast-paced, high-volume environment.
• Experienced in all areas of financial analysis and commercial reporting.
• Experience working with multiple sales channels or credit officers.
• Fluency in reading, writing, and speaking English.
• Experience working with Microsoft Office 365 tools, including Teams, at an intermediate level or higher.

Nice To Haves

• MBA as a plus
• Ability to communicate in additional language(s) a plus.

Responsibilities

• Collaborate with the sales team to review dealer requests and negotiations with dealers and/or customers to review submittments, review customer performance, ascertain financial and other key data.
• Actively manage your own work queue ensuring transactions are reviewed in timely manner.
• Touch all facets of a deal, including down payment, terms, and guarantor requirements.
• Provide collateral analysis, determine document requirements, insurance needs, and UCC/PMSI requirements to perfect VFS security and minimize risk.
• Provide a credit decision and/or recommendation to a Retail Credit Manager/Director.
• Review CPA prepared tax returns, or customer prepared financials statements.
• Spread financial statements and review key financial ratios.
• Provide concise analysis of risk/mitigants of a request and review all relevant information to Know Your Customer and complete OFAC compliance.
• Make a credit recommendation based on your analysis and submit it to the required authority for approval.
• Participate in a post-mortem process to provide insights into your own deals and those of your peers.
• Adhere to The Volvo Way, Code of Conduct, and defined policy requirements.
• Continuously look to gain industry knowledge, learn, and support process changes and improvements in the Retail Credit department.

Benefits

• Competitive medical, dental and vision insurance.
• Generous paid time off.
• Competitive matching retirement savings plans.
• Working environment where your safety, health and wellbeing come first.
• Focus on professional and personal development through Volvo Group University.
• Programs that make today’s challenging reality of combining work and personal life easier.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level