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Credit Review Buyback Analyst II

at GM Financial

Posted: 2/26/2019
Job Reference #: 34691
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Job Description

  • Job LocationsUS-TX-Fort Worth
    Requisition ID
    2019-34691
    Employee Type
    Full Time-Regular
    Category
    Credit / Underwriting
  • Overview

    The Credit Review Buyback Analyst II is responsible for facilitating the buyback process on the behalf of GM Financial. The buyback process is initiated when Credit Review documents a violation of the dealer agreement and escalates it to the business unit. The Buyback Analyst II works in conjunction with the business unit as they attempt to reach a positive resolution with the business source. This position requires sound judgment, excellent interpersonal and communication skills, initiative, resourcefulness, and the ability to multitask.

    Responsibilities

    JOB DUTIES

    • Build effective working relationships with other departments and external parties to accomplish departmental and corporate strategic business goals and objectives.
    • Educate internal and external parties on the GM Financial Dealer Agreement and violations of the dealer agreement.
    • Thoroughly prepare, document, and escalate unresolved buyback cases to outside counsel for legal pursuit. Maintain regular communication with outside counsel to ensure prompt resolution.
    • Prepare clear and concise legal documentation on the behalf of GM Financial.
    • Recognize and recommend improvements to the buyback process
    • Host regularly scheduled meetings with the Dealer Services' RSMs to discuss buyback resolution strategy.
    • Provide payment posting instructions when buyback monies are received.
    • Manage collateral on repossession hold; including but not limited to, coordinating the return of the collateral to the dealership or wholesaling the unit.
    • Manage the recourse process by monitoring accounts placed on recourse and escalating them as buybacks when a trigger is breached.
    • Represent Credit Review in business segment meetings, as needed.

    Qualifications

    Knowledge

    • Detailed understanding of the auto finance industry, including funding and/or underwriting of originations
    • Working knowledge of finance
    • Working knowledge of consumer credit
    • Working knowledge of statistics
    • Competency with Microsoft Office, focusing on Access and Excel
    • Knowledge of Provenir, Auto IMS, SalesForce, CPW and AS/400
    • Working knowledge of company policies and procedures
    • Ability to plan, execute, and improve work processes to ensure achievement of business objectives
    • Ability to understand GM Financials business, apply knowledge and critical thinking skills in day-to-day problems and solutions
    • Competency using SAS including basic data functions, macros, SQL and DDE
    • Knowledge of company policies and procedures

    Skills

    • Excellent interpersonal skills
    • Excellent verbal, written and communication skills
    • Ability to multitask with minimal supervision
    • Ability to use appropriate analysis, judgment and logic when solving issues
    • Detailed oriented
    • Ability to coach, lead, motivate, and influence others to support departmental goals and objectives
    • Ability to proactively achieve goals and objectives, which positively impact GM Financials overall business results
    • Ability to work discreetly with confidential information and situations
    • Able to supervise multiple tasks with minimal supervision and be self-motivated
    • Strong problem solving skills
    • Ability to provide recommendations and making decisions
    • Situational analysis is critical relative to interpreting and providing buyback guidance on a case by case basis.
    • The ability to comprehend legal documents such as the GM Financial Dealer Agreement, recourse agreements, settlement agreements, depositions
    • The ability to use appropriate analysis, judgment, and logic when solving issues, providing recommendations, and making decisions
    • Excellent interpersonal, verbal, and written communication skills
    • Extremely organized with a concentrated emphasis on detail
    • Able to undertake multiple tasks with minimal supervision and be self-motivated
    • The ability to proactively achieve goals and objectives, which positively impact GM Financial’s overall business results

    Education

    • Bachelor’s Degree required

    Experience

    • 3-5 Years auto finance experience with knowledge in lending, funding, and collecting preferred

    Work Condition

    • Normal Office Environment
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    Application Instructions

    Please click on the link below to apply for this position. A new window will open and direct you to apply at our corporate careers page. We look forward to hearing from you!