**General information** **Ref #** 18896 **Remote?** No **Ally and Your Career** * Ally Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We live this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You’re constantly evolving, so shouldn’t your opportunities be, too? **The Opportunity** Note: This role will be filled at the 3F or 3G level, depending on the experience level and qualifications of the selected applicant. The Senior Underwriter - Commercial Credit will be responsible for completing the financial analysis and related due diligence for extensions of inventory credit lines and other commercial loans (real estate, working capital, lines of credit) to current and prospective automotive dealership customers. The position requires the ability to perform in-depth analysis (including forecasting, cash flow and liquidity analysis, validation of financial records, credit investigations), use a proprietary risk modeling system, and make recommendations regarding the creditworthiness of the credit extension that mitigates risk and complies with corporate and regulatory policies and procedures. In addition, the Underwriter must provide a high level of customer service and will regularly communicate with key internal and dealership personnel. **The Work Itself** * Conducts detailed financial analysis on automotive dealership financial statements and supporting documentation, including data obtained from both internal and external sources. * Prepares timely, formalized proposals summarizing the analysis, identifying any credit concerns and include recommendations for the credit extension. * Completes reviews of UCC filings, insurance, licensing and other related items to document company compliance and ensure that guidelines are met. * Interfaces and communicates with automotive dealership personnel and stakeholders to obtain all required information. * Updates company records, reports, and risk modeling systems with information gathered during the underwriting review process. * Executes other related responsibilities and projects as assigned. * Participates in and supports ongoing professional development and training initiatives. * Ensures compliance with company policies, procedures and external regulations. * Provides training and mentorship to interns, new department hires and matrix partners. * Participates on special assignments to improve processes and enhance department training material. **The Skills You Bring** * Undergraduate degree or equivalent training. * Minimum four years of commercial credit underwriting or equivalent commercial lending experience preferred. * Understanding of dealership and wholesale administration a plus. * Strong financial analysis and analytic/problem solving skills required. * Proficient in intermediate MS applications (Word, Excel, Access and PowerPoint). **How We'll Have Your Back** * Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. But Ally’s total compensation - or total rewards - extends beyond your paycheck and is designed to support and enrich your personal and professional life, including: * Time Away: competitive holiday and flexible paid-time-off, including time off for volunteering and voting. * Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs. * Supporting your Health & Well-being: flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially. * Building a Family: adoption, surrogacy, and fertility support as well as parental and caregiver leave, back-up child and adult/elder day care program and childcare discounts. * Work-Life Integration: other benefits including LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs. Who We Are: Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com. Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law. Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine by date of hire to be considered, if not currently employed by Ally. We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at work@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation. **_Base Pay Range:_** An individual's position in the range is determined by the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer. **Emerging:** 70000 **Experienced:** 95000 **Expert:** 120000 Incentive Compensation: This position is eligible to participate in our annual incentive plan