Job Description

SPREAD ENTHUSIASM. SHAPE THE FUTURE.

SHARE YOUR PASSION.

Knowing the destination isn't enough: you need to know how to get there. Build up your own networks, exploit new ideas, consistently take the initiative. Inspire other people with your enthusiasm. That's the only way to give ideas the power that allows them to become true innovations.

BMW Financial Services NA, LLC was established in 1993, supporting the sales and marketing of BMW products. Subsequently, we have expanded beyond the leasing, retail and commercial financing of a traditional captive-finance company offering a broad variety of products tailored for the BMW, MINI and Rolls-Royce customer. Be a part of our exciting growth by expressing an interest in our Retail Credit Specialist position located in Salt Lake City, UT.

As a Retail Credit Specialist, you will underwrite $400 million in credit submissions annually and underwrite fleet credit line relationship up to $750K. You will be responsible for managing risk while maximizing portfolio growth by analyzing and interpreting consumer and business credit data while remaining compliant with federal, state and BMW Group Financial Services' regulatory requirements, practices, policies, and procedures (including but not limited to fair lending, Equal Credit Opportunity Act, Truth in Lending Act, Anti-Money laundering and Financial Sanctions, and Anti-Fraud management). This role is also responsible to ensure adherence to Financial Abuse prevention, as well as the prevention of Unfair, Deceptive, Abusive Acts and Practices.

WHAT AWAITS YOU.

• Underwrite consumer and business credit applications, managing approximately 400 million in credit submissions annually and fleet credit lines up to 750K.
• Analyze credit data and documentation to make informed decisions while ensuring compliance with regulatory requirements including fair lending and anti-fraud practices.
• Negotiate credit terms with dealers within established guidelines to maintain credit quality and profitability.
• Maintain strong dealer relationships through timely and professional communication via calls, emails, and in-person events.
• Assist with system testing and process improvements to increase efficiency and support revenue goals.

WHAT YOU SHOULD BRING.

• Bachelor’s Degree or consistent work towards attainment or equivalent experience and/or certification
• 2+ years of Finance experience or related education
  
  • Preferences:
  • Preferred area of Study: Business degree with concentration in Finance
  • 1-2 Years Credit Analysis experience
  • 1-2 Years Collections experience
  • 1-2 Years Dealer Facing experience
    

WHAT YOU CAN LOOK FORWARD TO.

• Medical, Dental, and Vision insurance
• 401(k) with Company match and Retirement Income Account
• Employee vehicle program
• Bonus eligibility
• Paid Parental Leave
• Generous PTO and Company paid holidays
• Voluntary Benefits to fit your needs
  

This is a hybrid role that requires regular attendance in the office. Some evenings and weekends will be required. The position is located in Salt Lake City Utah.

Relocation assistance is not available for this position.

The pay range for this role is $50,300.00 - $83,000.00.

The selected candidate’s education, skills, experience, and location will be used to determine the final salary offer. All pay ranges are based on a full-time work schedule. This statement is in accordance with state and local pay disclosure requirements.

As part of the hiring process, you may be required to successfully pass a background check. A satisfactory completion of a background investigation including verification of education, prior employment, criminal history, credit check history, and pre-employment drug screen to the extent permissible under applicable state law, is a condition of your offer of employment and your continued employment. The results of your background investigation are satisfactory and acceptable in the sole judgement and discretion of BMW Shared Services, LLC.

Even more so than the generous compensation and benefits, the culture and values of BMW of North America makes it the ultimate working environment. These values are Responsibility, Appreciation, Transparency, Trust, and Openness. We allow these values to guide the way we conduct ourselves and our business.

BMW complies with all applicable U.S. immigration laws and regulations. The Company does not provide employer support or sponsorship for any immigration related employment benefit for this role.

Applicants must be currently authorized to work in the United States on a full time basis without the need for employer support or sponsorship now or in the future. This includes having the legal right to work in the United States without the need for BMW support or sponsorship for any immigration related employment authorization (e.g., H 1B, O 1, E 3, H 1B1, TN, F 1 OPT, F 1 STEM OPT, F 1 CPT, etc.) now or in the future.

If you will require BMW to provide immigration support or sponsorship now or in the future, you should not apply for this position.

BMW in the United States is an equal opportunity employer. It is the policy of BMW Group in the United States to provide equal employment opportunity (EEO) to all qualified persons regardless of age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.