Senior Commercial Underwriter

Overview

Senior Commercial Underwriter – Toyota Dealer Lending Department. Underwrite large dealer credit packages for Toyota, Lexus, and Mazda dealers across the country. Evaluate loan requests ranging from $1million to $500million, including floorplan lines of credit, real‑estate loans, working capital loans, and revolving lines of credit. Provide risk assessments and recommendations to management while maintaining compliance with TFS risk‑management policies.

• Perform financial analysis using company‑prepared statements, tax returns, and CPA‑reviewed/audited documents to determine borrower liquidity, leverage, and capitalization.
• Complete bank statement, general ledger trial balance, and tax return reconciliations.
• Provide cash‑flow analyses for all proposed loans.
• Evaluate, assess, and determine the risk associated with all credit requests and present findings to approval authorities.
• Analyze security, corporate/personal guarantees, and legal structure to ensure proper collateralization and ownership compliance.
• Consolidate multi‑franchise or corporate information into simplified reports highlighting inter‑relationships and potential risk areas.
• Review documentation related to loan approvals including buy/sell agreements, LLC statements, partnerships, real‑estate documents, and wholesale relationship paperwork.
• Consult with TFS/Private‑Label legal teams for required document corrections or modifications.
• Lead internal projects for system enhancements, process improvements, and compliance initiatives.
• Prepare ad‑hoc reports for upper management and collaborate with cross‑departmental teams.
• Mentor and develop junior analysts; conduct peer reviews to ensure accuracy and completeness.
• Lead complex credit analyses and risk assessments for high‑value dealer lending portfolios with final recommendations to management.
• Drive Kaizen efforts establishing best practices to maintain high standards of accuracy and compliance.

• Bachelor's degree in Finance, Accounting, or related discipline (or equivalent experience).
• 5+ years of experience in commercial loan underwriting, including complex financial structures and cash‑flow analysis.
• Strong analytical skills using industry‑standard financial ratios and covenants.
• Experience presenting complex financial information to credit approval authorities.
• Ability to identify credit risks and suggest mitigations.
• Experience leading department projects and managing workload for loan underwriting.
• Proficiency in MS Office Suite (Word, Excel, PowerPoint, Outlook).
• Bonus: proficiency with Crowe Navigator or similar financial analysis tools.
• Underwriting experience with automotive dealer borrowers.

• Work‑life balance within a team‑oriented environment.
• Professional growth and development programs with tuition reimbursement.
• Team Member Vehicle Purchase Discount and Team Member Lease Vehicle Program (if applicable).
• Comprehensive health, dental, and vision plans for employee and families.
• 401(k) savings plan with company match and annual contribution.
• Paid holidays and paid time off.
• Referral services for childcare, schools, adoption, and prenatal support.
• Health Savings Account, Health Care FSA, and Dependent Care FSA.

Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.