Credit Review Buyback Analyst I

  • Full-Time
  • Fort Worth, TX
  • GM Financial
  • Posted 2 years ago – Accepting applications
Job Description
Overview: The Credit Review Buyback Analyst I 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 I 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
  • 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
  • Perform other duties as assigned
  • Conform with all company policies and procedures
Qualifications:Knowledge
  • Detailed understanding of the auto finance industry, including funding and/or underwriting of originations
  • Working knowledge of finance
  • Working knowledge of accounting
  • 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
Education
  • Bachelor’s Degree preferred
Experience
  • 3-5 years of relevant experience required
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