Sr. Commercial Credit Analyst

Job Description - Sr. Commercial Credit Analyst (MER
0003

ZCD)

Description

Who is Mercedes-Benz Financial Services? Mercedes-Benz Financial Services, part of the global company Mercedes-Benz Mobility AG is the captive financing and mobility solutions company of the global luxury automobile manufacturer, Mercedes-Benz AG. We offer a comprehensive range of automotive financial and insurance products that make it easy for our customers to drive their dream Mercedes-Benz vehicle.

Why work at Mercedes-Benz Financial Services? Working at Mercedes-Benz Financial Services is more than a job – it’s an opportunity to join an innovative team where you are valued for your contributions. As an employee, you will experience career development in a positive, employee‑centric environment. We’re a global company that not only offers best‑in‑class products to our customers but also best‑in‑class benefits to our employees.

Our employees experience a comfortable, friendly environment and relaxed, inclusive culture.

When working at Mercedes-Benz Financial Services, you will enjoy a comprehensive and amenity‑rich benefits package offering something for every employee at each stage of their life.

• Get Rewarded! Competitive salary plus an annual bonus based on company performance and/or personal yearly performance
• Need a vacation? How about just some time for YOU! In addition to our vacation time, you’ll receive fifteen (15) additional corporate holidays, which will allow you to celebrate religious holidays or escape to the spa! Designed to be flexible, we let you decide which days are most important to you!
• Ride in Style - All employees are eligible to participate in the Mercedes‑Benz Employee Lease Program
• We want you to be healthy! Outstanding medical, dental, and vision insurance, employer‑paid short and long term disability plus on‑site exercise facilities
• Is your family growing? Enjoy generous paid Family Leave Programs - Six Weeks for New Parents;
  Adoption Expense Reimbursement Programs - up to $6k per child
• Want to go back to school? Tuition Assistance Scholar Program - receive up to $8k in vouchers to complete business‑related coursework

Responsible for all aspects of MBFS commercial retail and lease acquisitions for Fleet borrowers and for Van Upfitter Floorplan borrowers. Coach and mentor team of Commercial Credit analysts to underwrite credit commercial credit lines ensuring accuracy and integrity as well as adherence to global and local policies and procedures. In addition to establish and maintain positive relationships with MBFS Sales Team and the MB dealer network to create profitable growth of both the Commercial and Wholesale portfolios.

• Manage acquisition activities for Commercial Fleet borrowers with outstanding that exceed $1,250M or requesting a line of credit, and all MBFS Van Upfitter Floorplan borrowers. Decision credit requests up to approved limits of authority of $5MM 1-4 rated or $3MM 5+ rated and play an active role in local credit file reviews and credit committee. Review credit files prior to analyst presenting to credit committee and take on role of presenting of larger files to various levels of credit committees when necessary.
  
  (30%)
• Coach and develop Commercial Credit Analysts on skills and competencies needed to be successful in the role, (e.g., financial analysis, asset evaluation, economic factors, collateralization, etc.). Recognize and reward valued behaviors. Conduct mid‑year and annual LEAD appraisals. In partnership with Human Resources, manage the interviewing and selection of candidates, as needed. (30%)
• Establish and maintain positive relationship with MBFS Sales Teams and dealer network to assist with profitable growth in the portfolio. Participate in joint sales calls and customer/dealer visits, when necessary. (10%)
• Ensure compliance to Corporate and Local credit policies and procedures. Identify and correct any issues, look for best practices to share. (10%)
• Understand all relevant Fleet/Van Upfitter legal documentation to ensure compliance to documented business requirements and collateral perfection through UCC filings,…