The Risk Management group of Siemens Financial Services-Commercial Finance is seeking an Underwriter to process large and mid-ticket transactions. The position will primarily support the Vendor Industrial business and Siemens HC transactions.
The primary function of the position is to prepare rating and lending reports in support of new business.
The position reports to the Chief Risk Officer located at the SFS Mexico, City office.
The essential job functions are as follows:
- Gather information from (prospective) customers and industry sources with respect to proposed finance transactions, including but not limited to Credit Report Bureau, Credit References, D&B and personal credit reports.
- Review and analyze customer financial information, account statements and tax returns.
- Prepare Credit and Risk Rating Reports for proposed transactions.
- Establish customer borrowing limits and structure higher risk transactions, as needed.
- Facilitate the onboarding and approval of new vendor accounts.
Responsibilities
- Analyze large and mid-ticket transactions. Analysis will include financial assessment and risk rating, debt capacity analysis, business model assessment, business plan analysis, risk analysis, impact of document negotiations upon risk, and other analysis as the transaction dictates.
- Review and interpret external rating agency reports. · Spread and analyze customer financial statements.
- Prepare Credit and Risk Rating Reports.
- Conduct in person and phone credit due diligence.
- Familiarity with local regulatory framework sand compliance requirements for SOFOMs in Mexico.
- Interact with and support sales colleagues and management. Work closely with Compliance and Legal Department on documentation issues.
- Help and complete tasks and project as needed and as the Risk Department may require.
- Maintain data integrity and compliance with company policies and procedures.
- Communicate credit decisions to internal and contacts.
Required Knowledge/Skills, Education, and Experience
- Advanced English
- BA or BS degree in finance, business or a related field
- Minimum of 7 years of credit underwriting experience in a commercial (non-consumer) environment in Industrial and Health Care markets.
- Ability to work independently and to make logical and confident lending recommendations and decisions.
- Strong interpersonal/communication skills and ability to develop and maintain good internal and external customer relationships.
- Proficiency with MS Office applications (e.g. Excel, Word, PowerPoint, etc.).
- Strong technical writing skills. Ability to present information in a concise, logical manner to support credit decisions and recommendations to senior management.
- Solid knowledge of fraud prevention techniques
- Formal training in Lending/Cash Flow.
- Experience in negotiating terms and conditions of transactional documents.
- Travel requirement is less than 50%.
Equal Employment Opportunity Statement:
Siemens is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, protected veteran or military status, and other categories protected by federal, state or local law.