We are looking to hire an energetic Retail Credit Specialist - SLC to join our all-star team at BMW Group Engineering USA in Salt Lake City, UT.
Growing your career as a Full Time Retail Credit Specialist - SLC is an outstanding opportunity to develop indispensable skills.
If you are strong in innovation, teamwork and have the right work ethic for the job, then apply for the position of Retail Credit Specialist - SLC at BMW Group Engineering USA today!
BMW Financial Services NA, LLC was established in 1993, supporting the sales and marketing of BMW products. Subsequently, we have expanded beyond the leasing, retail and commercial financing of a traditional captive-finance company offering a broad variety of products tailored for the BMW, MINI and Rolls-Royce customer. Be a part of our exciting growth by expressing an interest in the Retail Credit Specialist position located at our BMW Bank of North America office in Salt Lake City, UT.
As a Retail Credit Specialist, you will underwrite $400 million in credit submissions annually and underwrite fleet credit line relationship up to $750K. You will be responsible for managing risk while maximizing portfolio growth by analyzing and interpreting consumer and business credit data while remaining compliant with federal, state and BMW Group Financial Services' regulatory requirements, practices, policies, and procedures (including but not limited to fair lending, Equal Credit Opportunity Act, Truth in Lending Act, Anti-Money laundering and Financial Sanctions, and Anti-Fraud management). This role is also responsible to ensure adherence to Financial Abuse prevention, as well as the prevention of Unfair, Deceptive, Abusive Acts and Practices.
In this role, you will analyze information received from consumer and business credit application and credit reporting agencies to make prudent credit decisions, collect, and analyze all requisite documentation including, but not limited to, financial and income statements to decision business and fleet applications, negotiate terms and conditions of application decisions with Centers within established approval and exception guidelines to ensure credit quality and profitability. You will mitigate risk through thorough analysis and appropriate verification tools, escalate applications exceeding lending authority to Senior Credit Analyst/Manager/Team Leader and support and promote company cultural values, service standards, and goals in all aspects of performance.
In this position you will communicate credit decisions and rationale to Centers by telephone and through well documented stipulations and recommend alternative options on declined applications upon which the Center may be able to offer. You must be an effective negotiator and able to structure deals to mitigate risk, be responsive to Center calls, e-mails, and voicemails, as well as maintain and develop Center relationships by building rapport through telephone calls and in-person dealer events.
Join the BMW Financial Services team and enjoy a high-performance benefits package which includes:
• Company paid medical, dental and vision insurance
• Employee car program
• 401(k) savings plan
• Retirement Income Account (RIA)
• Work from home flexibilityEven more so than the generous compensation and benefits, the culture and values of BMW Financial Services make it the ultimate working environment. These values include such things as, Responsibility, Respect, Trust, and Fairness. We allow these values to guide the way we conduct ourselves and our business.What are you waiting for? Put yourself in the driver's seat of your career and apply for our Retail Credit Specialist today!
Requirements: Bachelor's Degree or consistent work towards attainment or equivalent experience and/or certification.
2+ years of Finance experience or related education
Preferences: Preferred area of Study: Business degree with concentration in Finance.
1-2 Years Credit Analysis experience
1-2 Years Collections experience
1-2 Years Dealer Facing experience
Benefits of working as a Retail Credit Specialist - SLC in Salt Lake City, UT:
? Career Growth Potential
? Room for Advancement
? Attractive packageCompetitive Pay
