Dealer Commercial Services Underwriter - VP

Reviews, analyzes and evaluates risks on new or existing business. Determines appropriate terms and conditions for coverages and rates for program profitability. Contributes to the profitable growth of specific program(s) by maintaining pricing integrity, product excellence, and the development of meaningful performance metrics and controls.

Underwrites risk (i.e., selection/rejection of new and renewal business). Analyzes quality and quantity of risks underwritten and prepares reports accordingly. Administers and monitors underwriting rules and guidelines, rating manual rules, laws and regulations. May review books of business as well as profit/growth results and trends to recommend and implement action plans.

Essential Functions/Responsibilities:
Underwrites loans by analyzing business history, financials, and loan collateral.

Spreads financials.

Writes credit memos.

Presents to credit committee.
Maintains loan relationship with a variety of customers by structuring and discussing recommended best loan plan.
Monitors department portfolio with having all financials up to date and ensuring portfolio.

Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:
Bachelor's Degree or equivalent work experience in Finance, Accounting, Management, Economics or equivalent field. (Req)

Required Work Experience:

9-12 years of financial analysis, structuring, underwriting and portfolio management experience - must be in the Commercial Auto Dealership industry

Skills and Abilities:
Commitment to excellent customer service – responds promptly to customer needs, professional interacts with customer.
Extensive decision-making and analytical skills to evaluate information, determine risks, and consider the benefits.
Communication skills, responds well to questions and demonstrates comfort with group presentations.
Proficient knowledge of Microsoft Word, Microsoft Excel, and Microsoft Outlook.
Detail Oriented.
Categorical understanding of the lending process.
Capable of preparing findings reports.
Ability to handle multiple files simultaneously.
Ability to provide leadership in the market by being a positive contributor to the team including: being a mentor to less experienced team members and embracing change.
Takes initiative on projects and assignments, seeks alternate solutions when necessary.

Diversity & EEO Statements:

At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We actively encourage everyone to apply.

Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, …