Retail Credit Specialist

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 our Retail Credit Specialist position located 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.

WHAT AWAITS YOU.


* Underwrite consumer and business credit applications, managing approximately 400 million in credit submissions annually and fleet credit lines up to 750K.


* Analyze credit data and documentation to make informed decisions while ensuring compliance with regulatory requirements including fair lending and anti-fraud practices.


* Negotiate credit terms with dealers within established guidelines to maintain credit quality and profitability.


* Maintain strong dealer relationships through timely and professional communication via calls, emails, and in-person events.


* Assist with system testing and process improvements to increase efficiency and support revenue goals.

WHAT YOU SHOULD BRING.


* 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

WHAT YOU CAN LOOK FORWARD TO.


* Medical, Dental, and Vision insurance


* 401(k) with Company match and Retirement Income Account


* Employee vehicle program


* Bonus eligibility


* Paid Parental Leave


* Generous PTO and Company paid holidays


* Voluntary Benefits to fit your needs

This is a hybrid role that requires regular attendance in the office.

Some evenings and weekends will be required.

The position is located in Salt Lake City Utah.

Relocation assistance is not available for this position.

The pay range for this role is $50,300.00 - $83,000.00.

The selected candidate's educa...