Senior Credit Underwriter bei Premier Financial Services

For more than two decades, Premier Financial Services has been recognized within the automotive industry as an innovator and nationwide leader in lease financing of new and previously owned exotic, vintage and luxury vehicles. We finance cars purchased through authorized and independent dealers, and through private party transactions and auctions. Premier Financial Services is a wholly owned subsidiary of 1st Financial Bank USA.

Job Title: Senior Credit Underwriter 

Location: Southbury, Connecticut - Full-Time On-Site Position

Job Overview:

The Senior Credit Underwriter is responsible for assessing lease and loan applications, evaluating creditworthiness and risk levels, and ensuring compliance with regulations. This role involves analyzing financial data, collaborating with stakeholders, and maintaining a healthy portfolio.

Duties/Responsibilities:

Underwriting

1. Review and analyze lease and loan applications to determine creditworthiness and risk levels.

2. Evaluate applicants' financial status, credit history, collateral, and other relevant factors.

3. Review and analyze credit reports, tax returns, bank statements, and other financial documents.

4. Calculate and assess loan-to-value ratios, debt-to-income ratios, and other financial metrics.

5. Utilize underwriting guidelines and policies to make informed decisions on approvals or declines.

6. Communicate with other departments and management to gather necessary information and clarify details.

7. Ensure compliance with company policies, procedures, and regulatory requirements.

8. Identify potential fraud or misrepresentation and take appropriate action.

9. Provide guidance and support to other team members as needed.

10. Stay updated on industry trends, market conditions, and regulatory changes affecting

underwriting practices.

Day-to-day Lending Activities

1. Manage underwriting queue and work with sales managers to produce high quality business

2. Identifies potential problem credits and works with staff to minimize losses

3. Provides guidance, training and development of credit staff

4. Works to assure the timeliness of payments which become apparent in certain customer relationships that display negative performance

5. Reviews and evaluates PFS underwriting procedures and any proposed changes thereto.

Required Skills/Abilities:

• Thorough understanding of credit policies and best practices of risk management

• Excellent verbal and written communication skills

• Strong time management skills with a proven ability to meet deadlines

• Ability to accept constructive feedback

• Self-Directed and Results orientated

• Proficient in Microsoft Outlook, Word, and Excel, as well as other Standard Office Software

•  Maintains Confidentiality

•  Highly principled

• Ability to function well in a high-paced work environment.

Education and Experience:  

• BS/BA degree required; BS/BA degree in Business Administration, Finance, or related field preferred

• Minimum of seven years of applicable banking experience in Credit and Risk Management

• In-depth knowledge of auto industry and banking regulations

*The above is a brief outline and is not intended to fully describe all the responsibilities and details of this position. PFS reserves the right to alter this job description at any time, as it deems necessary.

Premier Financial Services is an equal opportunity and affirmative action employer. 

All qualified applicants will receive consideration without regard to their race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Premier Financial Services participates in E-Verify

E-Verify Right to Work Poster (justice.gov)