Senior Dealer Credit Underwriter - Drive Complex Financing

Santander US; Dallas (TX); On-site; USD 86,000 - 145,000; Full time

Job summary

Santander US is seeking a Senior Underwriter to manage credit risk for a portfolio of complex multi-dealer groups. You will review dealer financial statements, tax returns, and cash flow to determine creditworthiness and ensure compliance with underwriting standards.

The role requires leadership to handle annual renewals, new loan requests, and collaboration with internal partners to obtain data, while driving timely processing and accurate reporting.

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 simultaneously in a fast-paced, team-oriented environment. – Required.
• Experience preparing reports, proposals, or credit findings with a high level of accuracy and attention to detail – Required.

Responsibilities

• Independently underwrites and prepares accurate and concise proposals or modifications.
• Manages each annual renewal and/or new business loan requests with the highest sense of urgency, while multi-tasking on multiple proposals.
• Manages the complete end-to-end underwriting process to ensure timely and efficient processing of all annual renewals, modifications, and new business opportunities.
• Receives and reviews incoming loan application requests and supporting documentation delivered through managed electronic lending portals, queues, or other avenues of receipt.
• Analyzes financial statements, balance sheet, income statements, and cash flow of automotive dealerships, including company history, structure, and loan collateral.
• Analyzes collateral, credit, and loan risk. Monitors portfolio and reviews up to date financials. Interfaces with customers and internal line of business partners to obtain data to complete analysis.
• Reviews loan inquiries and respond to client requests.
• Reviews and manages past due and coming due loan reports.
• Utilizes cognitive thinking and properly applies line of business policies and guidelines.
• Reviews loan documents.
• Reviews credit memos completed by junior level staff before submission to department manager and senior management.

Skills

Financial statement analysis

Credit analysis

Excel

Loan underwriting

Analytical thinking

Communication skills

Detail oriented

multitasking

Customer service

Mentoring

Education

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

Tools

Excel

PowerPoint

Word

Teams

Outlook

Job description

Santander US is seeking a Senior Underwriter to manage credit risk for a portfolio of complex multi-dealer groups. You will review dealer financial statements, tax returns, and cash flow to determine creditworthiness and ensure compliance with underwriting standards.

The role requires leadership to handle annual renewals, new loan requests, and collaboration with internal partners to obtain data, while driving timely processing and accurate reporting.