Senior Dealer Credit Underwriter - Strategic Risk Leader

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

Job summary

Santander US is seeking a Senior Underwriter to manage risk for a portfolio of multi-dealer loans. You will underwrite loans, review dealer financial statements, and ensure compliance with underwriting standards and banking regulations.

The role involves handling annual renewals, new loan requests, and the full underwriting process, coordinating with customers and internal teams to gather data and produce concise proposals.

Qualifications

• Bachelor’s degree in Finance, Accounting, 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 analysis

Credit analysis

MS Office 365

Loan documentation

Analytical thinking

Written communication

Verbal communication

Detail orientation

Multitasking

Customer service

Initiative

Adaptability

Team collaboration

Mentoring

Education

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

Tools

Microsoft Excel

Microsoft Office 365

Job description

Santander US is seeking a Senior Underwriter to manage risk for a portfolio of multi-dealer loans. You will underwrite loans, review dealer financial statements, and ensure compliance with underwriting standards and banking regulations.

The role involves handling annual renewals, new loan requests, and the full underwriting process, coordinating with customers and internal teams to gather data and produce concise proposals.