Auto - Underwriter III - Tempe, AZ

JPMorgan Chase & Co.; Tempe (AZ); On-site; USD 90,000 - 115,000; Full time

Job summary

JPMorgan Chase & Co.'s Chase Auto unit in Tempe, AZ, seeks an Underwriter III to review policy and pricing exceptions and support daily auto-finance operations. You will structure decisions to optimize profit, process applications, and maintain strong relationships with dealers and customers.

The role emphasizes timely decisions, ROE targets, and high-quality approvals. You will engage in sales calls, prepare follow-ups, and provide prompt responses to inquiries, working in-office during

Qualifications

• 5+ years of experience in auto credit and lending.
• Experience reviewing credit bureau reports.
• Strong knowledge of credit policy and regulations.
• Proven analytical and communication skills.

Responsibilities

• Review credit applications and decide in line with policy.
• Analyze policy and pricing exceptions.
• Structure decisions to maximize profit and relationships.
• Process auto applications with focus on response time, volume, and quality.
• Meet targets for ROE, volume, and conversions.
• Initiate sales calls and follow up with written communications.
• Respond promptly to internal and external inquiries.

Skills

Auto credit exp

Credit bureau checks

Credit decisioning

Indirect/Direct/Lease

Credit policy knowledge

Regulatory knowledge

Analytical skills

Communication skills

Job description

Chase Auto, a prominent provider of auto financing, manages a portfolio exceeding $80 billion in assets and collaborates with 75% of U.S. franchised automotive dealers. As part of the JPMorgan Chase franchise, Chase Auto serves auto dealers, consumers, and vehicle manufacturers, offering a comprehensive range of financial products and services, including retail lending, captive financing, floorplan products, cash management, private banking, and payment processing.

As an Underwriter III in Auto Finance, you will play a crucial role in reviewing policy and pricing exceptions and supporting daily operations. Your responsibilities will include structuring decisions to optimize profit and strengthen relationships, processing automobile applications with a focus on response time, application volume, and approval quality. You will aim to meet or exceed targets for return on equity (ROE), volume, conversion ratios, and other business metrics. Additionally, you will initiate sales calls, prepare written follow-ups when necessary, and provide prompt, accurate responses to both internal and external customer inquiries.

Job responsibilities

• Review credit applications and make credit decisions in compliance with credit policy requirements and regulations.
• Assist in daily operations by reviewing policy and pricing exceptions.
• Structure decisions to maximize profit and enhance relationships.
• Process automobile applications, emphasizing response time, application volume, and approval quality.
• Meet or exceed targets for ROE, volume, conversion ratios, and other business metrics.
• Initiate sales calls and prepare written follow-ups as needed.
• Provide prompt, accurate responses to customer inquiries.

Required Qualifications, Capabilities, and Skills

• 5+ years of experience in credit auto.
• Experience reviewing credit bureau reports.
• Proficiency in credit decisioning and a solid understanding of consumer credit and relevant federal and state regulations.
• Comprehensive knowledge of indirect loan, refinance, direct and lease programs, bank products, and services.
• Expert knowledge of credit philosophy, policies, loan documentation, and related legal issues.
• Thorough understanding of the bank's policies, procedures, products, and inherent risks.
• Superior analytical skills with excellent written and verbal communication abilities.
• Results-oriented with high personal initiative and proven leadership skills.

Preferred Qualifications, Capabilities, and Skills

• Experience in sales and/or leasing.
• Proven ability to manage multiple tasks and projects in a fast-paced environment.
• Experience collaborating with cross-functional teams to achieve common goals.
• Strong interpersonal and communication skills for effective teamwork with diverse stakeholders.
• Demonstrate judgment and decisiveness.

Work Schedule

Employees are expected to work in the office during their training and onboarding period, typically the first 90

days, though the timeframe may vary based on performance and business needs. After Scheduled hours support

operations between 9:00 AM and 8:00 PM Pacific Time. Saturday shifts are assigned on a rotating basis and may be

adjusted as business needs require.