Senior Lease Credit Analyst

First Investors Financial Services - Auburn Hills, MI

Full-time - Mid Level

Auburn Hills, MI

Credit Intermediation and Related Activities

About the position

Stellantis Financial Services (SFS) is seeking a Senior Lease Credit Analyst to join our dynamic team in Auburn Hills, MI. As a key player in our organization, the Senior Lease Credit Analyst will be responsible for reviewing and analyzing credit risks associated with potential lease customers. This role is crucial in ensuring that credit decisions align with Stellantis Financial Services' credit risk policies, compliance guidelines, and profitability models. The successful candidate will have the opportunity to contribute to our mission of enhancing customer experience while also playing a vital role in the growth of our company. In this position, the Senior Lease Credit Analyst will evaluate credit reports and data to assess the risk involved in extending credit. The analyst will develop and maintain strong relationships with dealers, ensuring that both volume and credit quality objectives are met. The role requires accurate application of credit decisions in accordance with company policies and procedures, as well as the ability to assist and mentor entry-level lease analysts in making informed decisions. The analyst will utilize various communication tools to verify information and manage exceptions to published credit authority, ensuring that outcomes align with company expectations. The Senior Lease Credit Analyst will also be responsible for communicating loan application outcomes to dealers and following up to capture lease business. This position involves regular interaction with the Funding department and Dealer Relationship Managers (DRMs) to resolve any credit and verification issues that may arise. The analyst will leverage daily reports and data to support the DRM in managing relationships with dealer customers, contributing to the overall success of Stellantis Financial Services.

Responsibilities

• Review and evaluate credit reports and credit data to determine the degree of risk involved in extending credit.
• Develop and maintain strong dealer relationships while ensuring volume and credit quality objectives are being met.
• Accurately apply credit decisions in accordance with company policy and procedures, credit approval authorities, FCRA and Reg M.
• Assist other Lease Credit Analysts in making decisions outside their authority and provide guidance on exception considerations.
• Utilize phone, fax, and web-based tools to complete verifications as necessary.
• Manage exceptions to published credit authority using judgment and experience to produce risk outcomes within company expectations.
• Complete final disposition on credit applications or forward to appropriate level of authority for final approval.
• Communicate loan application outcomes to dealers via phone, email, or other appropriate means and follow up to capture lease business.
• Ensure responses to dealers are issued within established service level parameters.
• Make outbound and handle inbound calls to negotiate final terms of contracts with dealer customers and DRMs.
• Participate in targeted outbound call campaigns to cultivate long-term dealer relationships.
• Work directly with the Funding department and DRMs to resolve credit and verification issues that arise in funding.
• Utilize daily reports and other data to support the DRM in training and managing SFS relationships with dealer customers.
• Perform other ad hoc duties as assigned.

Requirements

• High school diploma and/or GED required.
• Minimum of 3 years of auto underwriting experience required.
• Captive and/or lease auto underwriting experience is a plus.
• Strong verbal, mathematical, and reasoning abilities.
• Proficient in computer skills and problem-solving.
• Excellent interpersonal and written communication skills.
• Strong business acumen and sound judgment skills.