Senior Credit Analyst

JM&A Group•Deerfield Beach, FL

About The Position

The Senior Credit Analyst prepares timely and 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 help mitigate losses. The analyst maintains strong working relationships with dealership contacts in their assigned portfolio and provides a high level of customer service. The position also involves reviewing loan documentation, including UCC filings and organizational documents.

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 of 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

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

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 identify and 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 build 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.