Senior Credit Analyst

JM Family • Deerfield Beach, FL

1d

About The Position

The Senior Credit Analyst prepares timely, accurate credit review recommendations that thoroughly identify overall risk exposure in new and existing relationships. The role analyzes monthly financial statements, tax returns, floor plan audit results, and operational performance to support loss mitigation. The analyst develops and maintains strong working relationships with dealership contacts in an assigned portfolio and provides a high level of customer service. The position also reviews loan documentation, including UCC filings and organizational documents.

The analyst prepares credit reviews and recommendations on loan requests, monitors dealership payment and financial trends, reviews and sometimes conducts floor plan audits, and travels to assigned dealerships occasionally. The role also prepares management reporting packages and contributes to projects that improve operational efficiency. Work arrangements are subject to associate performance, business needs, and manager discretion.

Requirements

• Bachelor’s degree in accounting, finance, or a related field; equivalent work experience is a plus.
• Knowledge of automotive dealer commercial credit loans and operations, including inventory floor plan financing, working capital and acquisition loans, real estate mortgages, and facility construction loans, as well as familiarity with commercial credit loan documentation.
• Minimum of two years’ experience in commercial credit financial analysis and credit underwriting, with an emphasis on the automotive field.
• Strong critical credit analysis skills, including credit and financial statement analysis covering debits and credits, sales and profitability, liquidity and leverage, cash flow and debt service coverage, loan-to-value and collateral coverage, and ratio measurement and trending in statistical and narrative form.
• Ability to work with minimal supervision, manage multiple priorities effectively, and maintain strong organizational skills.
• Verbal and written communication skills and effective interpersonal skills.
• Advanced proficiency in MS Excel, MS Word, and MS PowerPoint.
• Ability to travel when necessary, although not frequently.

Nice To Haves

• Field floor plan auditing experience.
• Experience with Power BI.
• Equivalent work experience in place of a bachelor’s degree is a plus.

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 and CPA statements; research irregularities and make adjusting entries in the financial analysis system.
• Prepare credit reviews that detail risk exposure in new or existing relationships and provide recommendations on loan requests.
• Review floor plan audit results, collect payments due, communicate results to management, and ensure audits are properly scheduled.
• Conduct floor plan audits at dealerships on occasion.
• Monitor payment trends at assigned dealerships and follow up on identified irregularities.
• Travel to assigned dealerships on occasion to strengthen 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.

What This Job Offers

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