Senior Automotive Dealer Floorplan Audit Analyst - Remote

REMOTE - Rhode Island

Senior Automotive Dealer Floorplan Audit Analyst - Remote

Country: United States of America

The Senior Automotive Dealer Floorplan Audit Analyst reviews, analyzes, evaluates, or renders risk-based processing and reporting to reduce operating losses and maintain maximum protection of the organization's assets and services through the review and preparation of floorplan audit results.

This individual will support the second line of defense and recommend opportunities and propose resolutions for improved efficiency, effectiveness, and risk minimization.

Job Description:

  • Monitors activities to minimize the company's exposure to risk. Activities may include quantitative analysis, risk identification, and remediation.
  • Represents or supports the reputation of the company to minimize compliance and regulatory risk by resolving issues and ensuring adherence to company and legal standards.
  • Responsible for ensuring that all of the company's activities adhere to the necessary rules and regulations and that the company complies with legal/regulatory statutes and jurisdictions.

Job Function:

  • Ensures adherence to the policies and procedures established by the company.
  • Manages policy, standard definition and monitoring of policy, standard implementation, ensuring harmonization and consistency of risk policies.
  • Monitors and manages risk/exposure and compliance with the company's policies. Identifies, manages, and reports on the company's risk areas.
  • Evaluates the adequacy and effectiveness of data, document retention, and monitors systems.

Essential Functions/Responsibility Statements:

  • Ensure floorplan audit exam procedures are implemented in accordance with credit policies, standards, and procedures.
  • Ensure exams/audits are scheduled and performed following requirements.
  • Engage with field auditors (vendors) to ensure compliance with department policies and procedures.  Escalate auditor/vendor-related issues to audit department manager and vendor as appropriate.
  • Ensure escalation of issues identified in exams with First Line of Defense (FLOD) and Second Line of Defense (SLOD) / Credit including Workout as appropriate.
  • Obtain appropriate approvals as required (i.e., Floorplan Audit Dept Manager on rating changes, etc.).
  • Provide FLOD / SLOD Audit Summary Report with corresponding Final Audit Score upon completion of the audit reconciliation, including recommendations for additional controls/improvements.  
  • Assist with special reviews, projects, and departmental processes as required.
  • Analyzes trends in risk data and escalates developments according to company policy and procedures for risk escalations.
  • Shares insight to causes of risk indicators and proposes recommendations to resolve or mitigate identified risks with the team.
  • Reviews identified risks and liabilities; informs and recommends resolutions with business lines to mitigate risk potential.
  • Assists in processing risk assessments by analyzing risk data and identifying any plausible risks affecting the business and operations.
  • Operates as a point of contact for the department by responding to internal inquiries regarding policies, procedures, regulatory requirements, and project status updates.
  • Prepares appropriate review memorandum summarizing liabilities and recommending follow-up evaluations.
  • Informs employees on risk policies and guidelines to build a risk-aware culture and practice across the organization.
  • Provides procedural guidance and support to junior analysts in the various functions of the department, and in the methods of tools of analysis.
  • Researches a wide variety of topics and issues including emerging risks and trends and risk management best practices; summarizes and communicates findings with team.
  • Adjusts risk management policies, systems, and processes to solve problems or improve effectiveness within the department.
  • Interprets and applies procedures, ensures analysis is documented, and the records are maintained.
  • Evaluates risk management contingency plans and report findings.
  • Evaluates the strengths and weaknesses of existing controls and provides recommendations on opportunities for improvement.
  • Assists senior-level staff and management as requested. Performs other duties and responsibilities as assigned.


  • 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 essential functions.

Education:  Bachelor's Degree or equivalent work experience in Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics, or equivalent fields. (Required)

Work Experience:  3-5 years (Required)

Skills and Abilities:

  • Demonstrated practical and theoretical knowledge of risk principles, concepts, and policies.
  • Strong quantitative capabilities and analytical skills, including an investigative mindset.
  • Strong problem solving and critical thinking skills.
  • Strong MS Office (Excel, PowerPoint, Word, Visio, and Outlook) skills.
  • Strong verbal and written communication skills.
  • Ability to build and foster internal relationships.
  • Strong organizational and time management skills.
  • Ability to analyze risk and provide recommendations and/or resolutions to minimize risk.
  • Ability to summarize, document, and communicate information in a clear and concise manner.
  • Ability to organize and prioritize multiple tasks to meet deadlines.

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, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

Working Conditions:

  • Frequently minimal physical effort such as sitting, standing, and walking.
  • Occasionally moving and lifting equipment and furniture are required to support onsite and offsite meeting setup and teardown.
  • Physically capable of lifting up to fifty pounds, able to bend, kneel, and climb ladders.

Employer Rights:

  • This job description does not list all the job duties of the job.
  • You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based on your performance of the tasks listed in this job description.
  • The employer has the right to revise this job description at any time.
  • This job description is not a contract for employment and either you or the employer may terminate at any time for any reason.

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range


$74,250.00 USD


$102,500.00 USD Apply

Job Profile


North America


United States


Audit procedures Compliance Data analysis Quantitative analysis Risk Analysis Risk Identification Risk Management Training

  • Analyze risk data
  • Ensure compliance with policies
  • Monitor risk activities
  • Prepare audit reports
  • Recommend risk resolutions
  • Risk assessments

Accounting Bachelor's degree Business Economics Finance


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