What are the responsibilities and job description for the Credit Underwriter position at Yamaha Motor Corporation, USA?
We are seeking a skilled Credit Underwriter to join our Finance team at Yamaha in Cypress, CA. As a Credit Underwriter, you will be responsible for researching and analyzing credit risks, assessing credit history, and approving or denying credit to potential consumers.
Responsibilities:
- Make timely decisions on applications, prioritizing response time, application volume, and approval quality.
- Optimize approval structures and handle rejections to maximize profits and foster strong dealer relationships.
- Maintain and establish connections with dealerships, educating them on YMFUS programs and policies.
- Initiate sales calls to capture applications and, where necessary, prepare written follow-ups. Respond promptly and accurately to internal and external customer inquiries.
- Analyze income documentation, perform verification calls on employment and consumer information, and review loan applications.
- Participate in testing and improvement of the loan origination software program.
- Perform additional duties as required.
Requirements:
- A high school diploma is mandatory; a BA/BS degree in Finance, Business, or a related field is preferred.
- At least one year of underwriting experience, preferably in subprime lending.
- Strong proficiency in MS Office (Word, Excel, PowerPoint, Outlook, etc.).
- Solid understanding of consumer credit, federal and state regulations, and credit decisioning.
- Excellent analytical and quantitative skills, organizational abilities, negotiation skills, interpersonal skills, and problem-solving skills.
- Results-driven with a high level of personal initiative.
- Ability to work flexible hours, including weekends and overtime, when necessary.
About Yamaha:
We value diversity and inclusion. If your experience doesn't align perfectly with the job description, we encourage you to apply anyway. You may be the right candidate for this or other roles.
Benefits:
- 401(k) and Profit Sharing
- Fertility Benefits
- 37.5-hour workweek
- Medical, Dental, Vision
- Life and AD&D Insurance
- Wellness Program
- Short-Term Disability Coverage (for hourly roles)
- Long-Term Disability
- Student Debt Repayment Benefits
- Ability to borrow Yamaha products
Compensation:
$56,290 to $99,060, with base pay determined by job-related experience.
Reports to Department Manager
We celebrate diversity and are committed to creating an inclusive environment for all employees.
Salary : $56,290 - $99,060
