Credit Analyst - Newport Beach

Job Summary:

Summary

The Credit Analyst will review and re-decision submitted applications to analyze for ability, stability, credit willingness and deal structure, including ensuring that financing term requests meet program and product specifications or counteroffer to a different product and/or program when appropriate.

Essential Duties and Responsibilities

Primary responsibilities include, but are not limited to the following:

• While remaining within credit and underwriting guidelines, offer alternative credit packages to dealerships in order to reach mutually agreeable terms.

• Rehash contract terms attributes for re-submission to UACC's proprietary decisioning engine through direct interaction with automotive dealers and other business partners; gather information on their business requirements in order to make appropriate credit decisions with dealerships. Effectively communicate rationale for individual decisions to participating dealerships and Area Managers.

• Review credit reports, applicable debt ratios and loan-to-value ratios in order to make credit decisions that mitigate future risk for the company.

• Review, analyze and underwrite complex auto retail installment sales contracts within Company guidelines.

• Utilizing Company guidelines, manually review and decision credit applications on a daily basis with the goal of same-day turnaround time. It is expected that analysts will review and redecision at least 50 applications daily.

• Effectively communicate and build strong working relationships with the Sales/Marketing Team, Funders and Dealership partners.

• May travel to covered dealerships in conjunction with an Area Manager to deepen understanding of and relationships with key constituents.

• Perform other duties as assigned.

Competencies

To perform the job successfully, an individual should demonstrate the following competencies:

• Adaptability: Adapts to changes in the work environment; manages competing demands; changes approach or method to best fit the situation; able to deal with frequent change, delays, or unexpected events.

• Business Acumen: Understands business implications of decisions; displays orientation to profitability; demonstrates knowledge of market and competition; aligns work with strategic goals.

• Customer Service: Responds promptly to customer needs; solicits customer feedback to improve service; responds to requests for service and assistance.

• Ethics: Treats people with respect. Keeps commitments. Inspires the trust of others. Works with integrity and ethics. Upholds organizational values.

• Interpersonal: Focuses on solving problems, not blaming. Maintains confidentiality. Listens to others without interrupting. Remains open to others' ideas and tries new things.

• Judgment: Displays willingness to make decisions; exhibits sound and accurate judgment; supports and explains reasoning for decisions; includes appropriate people in decision-making process; makes timely decisions.

• Communication: Communicates clearly and persuasively in positive or negative situations; listens and gets clarification; responds well to questions; demonstrates group presentation skills; participates in meetings.Writes clearly and informatively; edits work for spelling and grammar; varies writing style to meet needs; presents numerical data effectively; able to read and interpret written information.

• Problem Solving: Identifies and resolves problems in a timely manner; gathers and analyzes information skillfully; develops alternative solutions; works well in group problem solving situations; uses reason even when dealing with challenging topics.

• Quality: Demonstrates accuracy and thoroughness. Displays commitment to excellence. Looks for ways to improve and promote quality; applies feedback to improve performance.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job, unless it would cause an undue burden to the business.

• Knowledge of consumer auto finance and/or underwriting experience is highly preferred but not required.

• Proven ability to perform credit risk analysis.

• Strong analytical, organizational and time management skills.

• Strong presentation skills.

• Excellent analytical and decision making skills.

• Strong communication skills.

• Demonstrated ability to develop business relationships with customers (our Dealers), Sales/Marketing Team Members as well as peers.

• Strong negotiation skills.

• Strong desire to achieve and succeed.

Supervisory Responsibility

This position has no supervisory responsibilities.

Education/Experience

Bachelor's degree in Finance or related field preferred; equivalent combination of education and experience may be substituted in lieu of degree.

Language Ability

Ability to clearly and effectively communicate in person, in writing and by telephone.

Computer Skills

Proficient in use of MS Office - Word, Excel, PowerPoint and G-Suite products.

Certificates and Licenses

None Required

Work Environment

The noise level in the work environment is usually quiet.

Physical Demands

Ability to work at a computer for extended periods / over the entire shift.

Commitment to Diversity and Equal Employment Opportunity

United Auto Credit Corporation, a wholly owned indirect subsidiary of Vroom, is an equal opportunity employer committed to creating and supporting a work environment where all employees can find their drive. To do that, we champion a workplace where each and every person is treated with dignity and respect and is valued for their unique perspectives and contributions. We believe our values of SPEED (Service, Progress, Employees, Engagement, and Development) are best realized in an environment, whether physical or virtual, where every individual has the ability to bring their whole selves to work and contribute fully.

UACC maintains a working environment that encourages mutual respect and promotes harmonious and friendly relationships among employees. The company prohibits any form of employment discrimination or harassment against employees, applicants, or other protected persons in the workplace based on a protected characteristic(s), regardless of who the source is of such conduct. Protected characteristics include race, color, religion, creed, sex (including gender, sexual orientation, gender identity or expression, or pregnancy, childbirth, or a related medical condition), national origin, ancestry, ethnicity, age, physical or mental disability, genetic information, service in the uniformed services, citizenship, or any other characteristic protected by federal, state, and/or local law. This commitment to antidiscrimination and antiharassment applies to all terms, conditions, and privileges of employment including, but not limited to, recruitment and hiring.

UACC likewise provides reasonable accommodations to qualified applicants, employees, or other legally protected individuals in the workplace with a disability to enable them to participate in the job application process, to perform the essential functions of a job, or to enjoy the benefits and privileges of employment equal to those of other employees, except if the accommodation would pose an undue hardship. The company also makes reasonable accommodations for religious beliefs and practices.

UACC complies with all applicable federal, state, and/or local laws relating to equal employment.

Other Things to Note

This posting is not intended to provide a comprehensive account of the duties and responsibilities that may be required of this position. Duties and responsibilities may change or be added at any time, with or without notice.

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