What are the responsibilities and job description for the UNDERWRITING MANAGER position at Cadence Innovations Group?
We’re looking for an Underwriter with experience in the Automotive Lending space to join our team and enhance processes that drive operational efficiency and customer satisfaction in the automotive industry.
At InnoFi Auto Finance, you will join our dynamic startup, where we are redefining the car-buying experience by providing customers personalized financing solutions. As we rapidly expand, we are looking for passionate, driven individuals who are eager to make an impact and grow with us. If you're excited about working in a fast-paced, entrepreneurial environment and contributing to cutting-edge solutions in auto finance, we'd love to have you on our team!
What You’ll Do:
- Optimize Operations: Follow key underwriting guidelines, policies & processes to provide seamless lending solutions for our customers.
- Enhance Processes: Adhere to and make suggestions to enhance operational processes to align with company standards and quality goals.
- Follow Criteria: Continuously follow underwriting criteria to improve efficiency, reduce errors, and increase customer satisfaction.
- Tools and Software: Utilize all underwriting tools and software to ensure smooth operations and identify enhancement opportunities.
- Ensure Compliance: Ensure all underwriting activities adhere to applicable laws, regulations, and company policies by regularly reviewing operational risk factors and adjusting standards as needed.
- Relationship Building: Create and maintain strong working relationships with internal and external stakeholders, i.e., sales, marketing, claims, legal, regulatory & reinsurance to ensure compliance and effective collaboration.
What You Bring:
- Extensive Credit Knowledge: Minimum of 3 years (current or recent) experience analyzing credit reports
- Analytical Thinking & Deductive Reasoning: Ability to interpret credit reports beyond the surface-level data. Must be able to make educated assumptions based on incomplete or ambiguous information (e.g., distinguishing between a short sale and foreclosure based on subtle credit patterns).
- Critical Thinking & Problem Solving: Must be able to fill in the blanks when information is missing, making reasonable and flexible assessments rather than defaulting to the most common assumptions.
- Policy Adherence & Process Improvement: Strong understanding of established credit policies with the ability to identify gaps and propose improvements when needed.
- Accuracy & Attention to Detail: Superior, precise credit analysis with a high degree of accuracy.
- Independence & Initiative: Ability to self-manage without requiring oversight; must be proactive in addressing inefficiencies and advocating for refinements in internal policies.
Auto Finance Experience: Direct experience working with auto lending and dealership is strongly preferred.
About InnoFi
InnoFi is a people-first subprime auto lender focused on serving high-income subprime customers with innovative financial solutions. Our mission is to redefine auto financing by leveraging cutting-edge technology, streamlining operations, and prioritizing both customer and employee experience. We are committed to fostering a collaborative, innovative, and high-performing work culture where technology drives smarter lending decisions.
Join us at InnoFi and help shape the future of auto financing through technology!
