For more than two decades, Premier Financial Services has been recognized within the automotive industry as an innovator and nationwide leader in lease financing of new and previously owned exotic, vintage and luxury vehicles. We finance cars purchased through authorized and independent dealers, and through private party transactions and auctions. Premier Financial Services is a wholly owned subsidiary of 1st Financial Bank USA.Job Title: Senior Credit UnderwriterLocation: Southbury, Connecticut - Full-Time On-Site PositionJob Overview:The Senior Credit Underwriter is responsible for assessing lease and loan applications, evaluating creditworthiness and risk levels, and ensuring compliance with regulations. This role involves analyzing financial data, collaborating with stakeholders, and maintaining a healthy portfolio.Duties/Responsibilities:Underwriting1. Review and analyze lease and loan applications to determine creditworthiness and risk levels.2. Evaluate applicants' financial status, credit history, collateral, and other relevant factors.3. Review and analyze credit reports, tax returns, bank statements, and other financial documents.4. Calculate and assess loan-to-value ratios, debt-to-income ratios, and other financial metrics.5. Utilize underwriting guidelines and policies to make informed decisions on approvals or declines.6. Communicate with other departments and management to gather necessary information and clarify details.7. Ensure compliance with company policies, procedures, and regulatory requirements.8. Identify potential fraud or misrepresentation and take appropriate action.9. Provide guidance and support to other team members as needed.10. Stay updated on industry trends, market conditions, and regulatory changes affectingunderwriting practices.Day-to-day Lending Activities1. Manage underwriting queue and work with sales managers to produce high quality business2. Identifies potential problem credits and works with staff to minimize losses3. Provides guidance, training and development of credit staff4. Works to assure the timeliness of payments which become apparent in certain customer relationships that display negative performance5. Reviews and evaluates PFS underwriting procedures and any proposed changes thereto.Required Skills/Abilities:Thorough understanding of credit policies and best practices of risk managementExcellent verbal and written communication skillsStrong time management skills with a proven ability to meet deadlinesAbility to accept constructive feedbackSelf-Directed and Results orientatedProficient in Microsoft Outlook, Word, and Excel, as well as other Standard Office SoftwareMaintains ConfidentialityHighly principledAbility to function well in a high-paced work environment.Education and Experience:BS/BA degree required; BS/BA degree in Business Administration, Finance, or related field preferredMinimum of seven years of applicable banking experience in Credit and Risk ManagementIn-depth knowledge of auto industry and banking regulations*The above is a brief outline and is not intended to fully describe all the responsibilities and details of this position. PFS reserves the right to alter this job description at any time, as it deems necessary.We provide a highly competitive and comprehensive compensation and benefits program including affordable medical/dental insurance, generous paid leave program, 401(k) and much more!Premier Financial Services is an equal opportunity and affirmative action employer.All qualified applicants will receive consideration without regard to their race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.Premier Financial Services participates in E-Verify
