Senior Commercial Underwriter-Dealer Lending

Overview

Who we are

Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world’s most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We’re looking for talented team members who want to Dream. Do. Grow. with us.

An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment.

An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company – delivering on Toyota’s vision to move people beyond what is possible. At TFS, you will help create best-in-class customer experiences in an innovative, collaborative environment.

To save time applying, Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time. 

Who we’re looking for

Toyota Financial Services/Mazda Financial Services’ Dealer Lending Department is looking for a passionate and highly motivated Senior Dealer Lending Analyst.   This role is in Toyota Headquarter in Plano, TX.

The primary responsibility of this role is to underwrite complex dealer credit packages for Toyota, Lexus, and Mazda dealers across the country.  Typical loan package will range from $1 million - $500 million for various credit facilities including syndicated/participated asset-based lending loans, direct floorplan lines of credit, real estate loans, working capital loans, and revolving lines of credit. Team member will interface with field associates, syndicated lead agent bank, TFS/MFS legal, and dealership personnel as needed.  Credit assessment includes collateral position, capacity, condition, and any recommendations to improve credit strength.  Other responsibilities include reviewing Syndicated/Participated loan documentation, assisting Dealer Lending Operations team with set up, settlement transactions, and reviewing Borrowing Base and Financial Statement and required financial covenants.   

Reporting to the Dealer Lending Manager, the person in this role will support the Toyota Financial Services/Mazda Financial Services Dealer Lending Department’s objective to maintain and service its commercial lending portfolio of loans.

What you’ll be doing

• Manage and perform financial analysis of syndicated/participated loan facilities: review available term sheets, company prepared financial statements, tax returns, 10K/10Q, and CPA reviewed/audited financial statements to determine the Borrower’s liquidity, leverage, and capitalization.  

• Complete bank statement, GL Trial Balance, and tax return reconciliations to financial statements provided (if required).

• Provide cash flow analyses (Debt Service Coverage Calculation and/or Fixed Charges Calculation). 

• Evaluate, assess, and determine the risk associated with all credit requests and provide the approval authority with appropriate information to support conclusions. 

• Review legal structure to determine proper conclusions related to ownership, guaranties, and collateralization.  For multi-franchise/corporation requests, consolidate the information into a cohesive, simplified version noting the inter-relationships and potential problem areas.

• Review includes Syndication/Participation term sheet and loan agreements, buy/sell agreements, LLCs, partnerships, and real estate related documentation.

• Review Borrowing Base and Financial Covenants certificate. Consult with Field, Legal, and Risk for any non-compliant situation to determine the resolution.

• Work with National Account Operations team to assist any unreconciled daily funding/payment activities including complex interest and fee calculation and past due.  

• Consult with TFS/MFS Legal to address any modification to documents or approvals. 

• Participate in TFS/Private Label Group internal projects relating to system enhancement and process improvements.

• Prepare ad hoc reports per request from upper management and work with cross-departmental teams.

• Assist in the training and development of new and existing Team Members.

• Complete peer reviews of outputs to ensure accuracy and completeness in addition to providing constructive feedback.

What you bring

• Bachelor’s degree in Finance, Accounting, or related discipline (preferable)

• Three or more years of experience in financial analysis of commercial loan documents, including complex organizational structures, cash flow analysis, industry-standard financial ratios/covenants, and establishing loan collateralization.   

• Experience presenting complex financial information and credit structure to a credit approval authority.

• Experience reviewing financial information in conjunction with policies and procedures to identify key credit risks and deviations from operational standards in order to make suggestions to mitigate credit and operational risk.

• Demonstrated proficiency using Crowe Navigator, or similar financial analysis program.

Added bonus if you have

• Three or more years of experience in financial analysis of syndicated/participation loans

• Experience leading department projects and initiatives effectively and efficiently while managing workload of package underwriting.

• Experience in underwriting expertise with automotive dealer borrowers.

What we’ll bring

During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights 

include: 

• A work environment built on teamwork, flexibility, and respect

• Professional growth and development programs to help advance your career, as well as tuition reimbursement

• Team Member Vehicle Purchase Discount

• Toyota Team Member Lease Vehicle Program (if applicable)

• Comprehensive health care and wellness plans for your entire family

• Flexible work options based on business needs

• Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute

• Paid holidays and paid time off

• Referral services related to prenatal services, adoption, childcare, schools and more

• Tax Advantaged Accounts (Health Saving Account, Health Care FSA, Dependent Care FSA)

Belonging at Toyota

Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10+ different Business Partnering Groups across 100 different North American chapter locations that support team members’ efforts to dream, do and grow without questioning that they belong.

Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.

Have a question, need assistance with your application or do you require any special accommodations? Please send an email to talent.acquisition@toyota.com.