Underwriter - Commercial

Company: Ally
Location: Lawrenceville
Posted on: June 24, 2022

Job Description:

Underwriter - Commercial.**General information**Career areaUnderwritingWork Location(s)1735 North Brown Road, Lawrenceville, GARemote?NoRef #12592Posted DateThursday, May 12, 2022Working timeFull-time**Ally and Your Career**Ally Financial only succeeds when its people do - and that's more than some clich-- people put on job postings. We live this stuff! We see our people as, well, people - with interests, families, friends, dreams and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You're constantly evolving, so shouldn't your opportunities be, too?**The Opportunity**The Underwriter - Commercial is responsible for the completion of required due diligence and automotive dealership financial statement analysis for the continuation/extension of vehicle inventory credit lines and other commercial loans (revolving lines, working capital, Ally Insurance DP advances, real estate, acquisition funding). Due diligence includes the accurate communication of findings through established credit routing and reporting functions, and ensuring corporate compliance and risk management. The position will require the ability to perform in-depth financial statement analysis, interact with key dealership personnel, and maintain a high level of communication with internal and external stakeholders. Also, the Underwriter - Commercial will provide recommendations along with supporting documentation to improve company performance, meet internal goals and mitigate exposure.**The Work Itself**+ Conduct financial statement analysis on automotive dealership financial statements and supporting documentation+ Produce formalized routings for management summarizing the analysis, detailing any revisions to credit lines, account background and recent events, providing relevant considerations (including strengths, potential risks, mitigants and financial return), and including recommendations for credit extension+ Complete administrative reviews of UCC filings, security documentation, public records, historical experience, insurance, licensing and other related items to detail company compliance and ensure that guidelines are met/addressed+ Interface and connect with automotive dealership personnel and stakeholders to acquire all required information+ Update company records, logs, reports, and internal control systems with information gained during the underwriting review process+ Ensure compliance with company policies, procedures and external regulations**The Skills You Bring**+ Undergraduate degree, graduate degree preferred but not required+ Experience with financial statement analysis/accounting standards preferred+ Understanding of dealership and wholesale portfolio management and administration a plus+ Strong financial analysis and analytical/problem solving skills required+ Proficient in intermediate MS applications (Word, Excel, Access, PowerPoint, Teams and Outlook)+ High level of written and oral communication skills, attention to detail, curiosity and critical thinking+ Strong organizational and time management skills including being able to adapt to change quickly+ Ability to easily prioritize as necessary and appropriate, and maintain a sense of urgency**How We'll Have Your Back**Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. But Ally's total compensation - or total rewards - extends beyond your paycheck and is designed to support and enrich your personal and professional life, including:+ **Time Away** : competitive holiday and flexible paid-time-off, including time off for volunteering and voting.+ **Planning for the Future:** plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs.+ **Supporting your Health & Well-being:** flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions and a total well-being program that helps you and your family stay on track physically, socially, emotionally and financially.+ **Building a Family:** adoption, surrogacy, and fertility support as well as parental and caregiver leave, back-up child and adult/elder day care program and child care discounts.+ **Work-Life Integration:** other benefits including LifeMatters - Employee Assistance Program, subsidized and discounted Weight Watchers - program and other employee discount programs.**Who We Are**Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.comAlly is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine by date of hire to be considered, if not currently employed by Ally.We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at **work@ally.com** . Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.

Keywords: Ally, Roswell , Underwriter - Commercial, Other , Lawrenceville, Georgia