Retail Credit Analyst (US)

TD Bank • Southfield, MI

2d • $24 - $34

About The Position

The Retail Credit Analyst analyzes consumer retail applications following and adhering to the procedures and policies set-forth by the company in a consistent and repeatable manner. The Analyst is evaluated on performance metrics to acquire business to generate profit for the organization while ensuring compliance to mitigate risk. This job provides excellent customer service while effectively communicating credit decisions to clients to support company's competitive advantage.

Requirements

• Bachelors degree or 2 yrs automotive finance experience required
• Proven ability to review and interpret credit reports preferred
• Thorough understanding of Federal and State legislation affecting the finance and insurance business preferred
• Complete knowledge of Credit Policy and applicable processes and procedures relating to risk and consumer credit operations preferred

Responsibilities

• Performs in-depth analysis, investigation and decisioning on retail and lease credit applications based on the company risk policy and 4 Cs of credit and then educate and communicate decisions to appropriate dealers and business clients
• Performs detailed verification and documentation for all applications that meet the approval criteria
• Provides superior customer service while building professional rapport with clients to sustain acceptable cashing ratios and a balanced portfolio mix
• Ensures compliance to all corporate standards, processes and procedures outlined in the Credit Policy Manual and set forth by management
• Executes client level strategies as outlined by management
• Assists clients and the funding department in any contract problems and funding issues that may occur
• Engages in appropriate credit training, personnel development and coaching exercises as designated by management

Benefits

• Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical and mental well-being goals.
• Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.
• Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.
• You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities.
• We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees