Senior Auto Dealer Credit Underwriter

Santander US; Raleigh (NC); On-site; USD 86,000 - 145,000; Full time

Job summary

Santander Dealer Commercial Services (DCS) is seeking a Senior Underwriter to manage credit risk and a portfolio of complex multi-dealer groups. You will underwrite safe loans by reviewing dealer financials and cash flow, ensure compliance with underwriting standards, and lead end-to-end underwriting for renewals and new opportunities.

Responsibilities include analyzing financial statements, collateral, and loan risk, coordinating with internal teams, and producing concise proposals.

Qualifications

• Bachelor’s degree in Finance, Accounting, Management, Economics, or related field, or equivalent work experience – Required.
• 9+ years of experience in accounting, financial analysis, credit structuring and commercial dealership credit underwriting – Required.
• Experience evaluating credit risk, loan collateral, borrower financials, and lending requests within a commercial banking environment – Required.
• Experience managing multiple priorities and complex files in a fast-paced, team-oriented environment – Required.
• Experience preparing reports, proposals, or credit findings with high accuracy and attention to detail – Required.

Responsibilities

• Independently underwrites and prepares accurate and concise proposals or modifications.
• Manages annual renewal and/or new business loan requests with urgency, while multi-tasking on multiple proposals.
• Manages end-to-end underwriting process for renewals, modifications and new opportunities.
• Receives and reviews loan applications and supporting docs delivered through portals or other channels.
• Analyzes financial statements, balance sheets, income statements, and cash flow of automotive dealerships.
• Analyzes collateral, credit, and loan risk; monitors portfolio and reviews up-to-date financials.

Skills

Financial statement analysis

Credit analysis

Analytical thinking

Communication skills

Detail orientation

Multi-tasking

Mentoring

Portfolio monitoring

Education

Bachelor’s degree in Finance, Accounting, Management, Economics, or related field

Tools

Excel

PowerPoint

Word

Teams

Outlook

Job description

Santander Dealer Commercial Services (DCS) is seeking a Senior Underwriter to manage credit risk and a portfolio of complex multi-dealer groups. You will underwrite safe loans by reviewing dealer financials and cash flow, ensure compliance with underwriting standards, and lead end-to-end underwriting for renewals and new opportunities.

Responsibilities include analyzing financial statements, collateral, and loan risk, coordinating with internal teams, and producing concise proposals.