Lease Credit Analyst II

First Investors Financial Services - Atlanta, GA

Full-time

Atlanta, GA

Credit Intermediation and Related Activities

About the position

The Lease Credit Analyst II plays a crucial role in the Credit Leasing department at Stellantis Financial Services (SFS), a leading captive finance company associated with a renowned global automaker. This position is based in Atlanta, GA, and is integral to the company's mission of enhancing customer experience through effective credit risk management. The analyst is responsible for reviewing and analyzing credit risks, assessing credit histories, and making informed decisions regarding the extension of credit to potential lease customers. This role not only involves individual decision-making but also includes mentoring and training entry-level lease analysts, thereby contributing to the overall development of the team. In this position, the Lease Credit Analyst II will evaluate credit reports and data to determine the risk involved in extending credit. Building and maintaining strong relationships with dealers is essential, as the analyst must ensure that both volume and credit quality objectives are met. The role requires a thorough understanding of company policies, compliance guidelines, and profitability models to accurately apply credit decisions. The analyst will also manage exceptions to published credit authority, utilizing their judgment and experience to produce favorable risk outcomes. Communication is a key aspect of this role, as the analyst will be responsible for conveying loan application outcomes to dealers and following up to capture lease business. The position involves regular interaction with the Funding department and Dealer Relationship Managers (DRMs) to resolve any credit and verification issues that may arise. Additionally, the analyst will utilize various tools and reports to support the DRMs in managing relationships with dealer customers, ensuring that responses to dealers are timely and within established service level parameters. The Lease Credit Analyst II will also participate in targeted outbound call campaigns to foster long-term dealer relationships, further enhancing the company's service offerings.

Responsibilities

• Reviews and evaluates credit reports and credit data to determine the degree of risk involved in extending credit.
• Develops and maintains strong dealer relationships while ensuring volume and credit quality objectives are being met.
• Accurately applies credit decisions in accordance with company policy and procedures, credit approval authorities, FCRA and Reg M.
• Works side by side with entry level lease analysts and provides training and guidance on utilizing the system and assists with credit decision questions.
• Utilizes phone, fax and web-based tools to complete verifications as deemed necessary.
• Manages exceptions to published credit authority using judgment and experience to produce risk outcomes within company expectations.
• Completes final disposition on credit applications or forwards to appropriate level of authority for final approval.
• Communicates loan application outcomes to dealer via phone, email or other appropriate means and follows-up with calls to capture lease business.
• Ensures responses to dealers are issued within established service level parameters.
• Makes outbound and handles inbound calls to negotiate final terms of contracts with both our dealer customer and the DRM.
• Participates in targeted outbound call campaigns as time permits, in coordination with the DRM's in an effort to cultivate long-term dealer relationships.
• Works directly with the Funding department and DRM's to resolve credit and verification issues that arise in funding.
• Utilizes daily reports and other data to provide support to the DRM in training and managing SFS relationship with our dealer customer.
• Performs other ad hoc duties as assigned.

Requirements

• High school diploma and/or GED required.
• Minimum of two years' auto underwriting experience required.
• Captive and/or lease auto underwriting experience is a plus.
• Strong verbal, mathematical, reasoning ability, computer, problem solving, interpersonal, written communication, business acumen and sound judgement skills.