Job Description

• Is national auto lender with a 30 year history of success in the automotive marketplace.
  
• We currently have an immediate opening for a Financial Analyst.
• Under the direction of the Chief Financial Officer, the Financial Analyst is responsible for key areas at Performing financial analysis using Excel and other tools which requires the ability to evaluate large amounts of data and present findings in a succinct, easily understood manner.
• Performing financial analysis on portfolio returns and dealer and consumer risk parameters.
  
• Work closely with CFO and Director of Analytics to build financial models.
  
• Overseeing the underwriting of dealer risk.
  
• The Financial Analyst must possess a high-level of Excel modeling skills, have an excellent work ethic, exhibits creative thinking and has demonstrated ability to work independently through self-motivation and direction.
• In this role, the Financial Analyst will be required to analyze complex financial and operational information to assess risk.
• Strong ability to effectively communicate and support risk assessment is a requirement.
  

Responsibilities

• Take actions necessary to collect or verify information required to secure and process required dealer underwriting documentation.
• Pull, review, and interpret a credit report on both the business and the individual applicants.
• Examine credit history, nature of accounts, payment history, size of trade lines, credit utilization, in determining credit worthiness of applicant and business.
• Pull and review OFAC checks for the business and any/all officers and signers for the business.
• Review business bank statements for the dealership to confirm positive cash flow and business transactions such as floorplan curtailments and payoffs, finance company deposits and other typical business transactions.
• Make calls to business references to conduct background check on the dealership.
• Research any relevant bankruptcy records, tax liens, and / or judgments in weighing applicants business or personal ability and willingness to remain compliant as a Coastal dealer.
• Research dealer inventory to assess the suitability for Coastals lending programs.
• Validation of the business applying and who the accurate legal owners are through documentation provided and/or public record search.
• Review field summary comments provided with business background and sales volume status.
• Perform on-going dealer analysis to determine dealer portfolio performance trends and act pro-actively on situations that may indicate increased risk to Coastal.
• Perform dealer reviews on a schedule to re-underwrite the dealer relationship.