Our people are the driving force behind our success and we're moving forward!
Join a dynamic company known for rapid growth and solid success.
As a commercial
Senior Financial Services Analyst
you could expect the following types of duties:
55% Duties: Analyzing, Structuring and Monitoring More Complex Credits
Perform analysis and create viable opportunities for asset based loans, construction loans, Hino real estate, TFS Bank facilities, workouts, special audits, progress payment facilities, debtor-in-possession financings for TFS in areas where no past history or trail exists. Perform analysis of the dealerships' financial condition in accordance with Procedure 106 for Floor Plan Lines. Other financial products including Working Capital Loans, Real Estate Loans, Revolving Lines of Credit and any other credit facilities should also be reviewed and monitored in accordance with established procedures. Analysis to measure risk and provide mitigation, assess the financial performance of the dealerships and make recommendations to the level, type and structure of the financings that are appropriate for the dealerships, supported by substantiated rationale. Assure proper documentation of contractual agreements, monitor compliance and provide recommendation for any corrective action. Continuously monitor the financial strength of dealerships via regular review of financial statements, maintaining awareness of payment patterns and keeping abreast of events affecting dealers for ongoing compliance with TFS policies.
Process new requests for Hino wholesale inventory floor plans within 10 days from the receipt of appropriate data. All renewals to be processed by the assigned due dates.
15% Duties: Monitor and Manage Inventory Status - Audits
Verify the status of collateral inventory for the purpose of mitigating TFS exposure in accordance with Procedure 222. Coordination of the physical inventory audits, working closely with the inspector to assure the highest levels of customer service. Ensure that the dealership's payment and reporting practices to TFS are in compliance with contractual agreements. Participate in the Buy/Sell process through the evaluation of records and on site attendance of a dealership closing. Analyze and review all related documentation and propose corrective action for management review. On-site assistance with audits when possible. In particular, monitoring of dealer out-of-trust situations as required.
Achieve 10-day average turnaround times on audit recaps.
% Duties: Account Management
Set specific procedures for monitoring structured credits. Render assistance to junior associates in managing same. Conduct daily processing of dealer requests, financial statements, follow up on monthly charges and any other items required (e.g. - assignments of proceeds) by the dealership in accordance with TFS lending policies and advise management of any exceptions that need to be escalated in accordance with related policies. Work with our manufacturers Toyota Material Handling, USA. Inc. ("TMHU") and Hino Motor Sales, USA, Inc. ("Hino") to address any issues regarding our dealership customers. Participate in periodic reporting requirement (departmental monthly reports, subvention analyses, etc.)
% Duties: Account Administration
Create viable structure to administer structured credits. Perform follow up of activities with external contacts including all UCCs, Intercreditor Agreement and wholesale insurance issues ensuring timely renewals and completion of departmental responsibilities. Conduct on-site audits of dealer records and inventory as appropriate. Maintain dealer files and pertinent records of dealer activities in accordance with departmental practices and guidelines.
Partake in special projects. Analyst should seek opportunities to identify ways to kaizen regular departmental policies, practices and procedures. Serve as a department authority for assigned functions, attend meetings as the department representative, report information back to the department and train other associates.
The candidate who fills this position will have the option to work a 9/80 alternative schedule which means working 80 hours over nine calendar days, with the tenth day off. The day off will be alternating Fridays.
TFS is looking for individuals with strong business sense and practical expertise. Successful candidates should have:
Type and Amount of Experience
Five years of financing experience from a commercial banking organization or other lending institution.
Familiarity with documentation requirements for complex loan structures
Experience with financial statement analysis, underwriting and strong analytical skills.
Collections/Customer Service experience preferable, but not required.
Knowledge of inventory inspection process.
B.S. or B.A. degree (preferred in Finance/Accounting or Business Administration) or related experience (MBA preferred).
A working knowledge of the Microsoft Office package including Word and Excel, Host-Rumba Mainframe, AS/400, and other office related programs and machines. General familiarity with PowerPoint, Visio and T-Value will also be helpful.
Turn toward great benefits:
Work/Life benefits (flextime, 9/80 work schedules offered where applicable, tuition reimbursement)
Vehicle lease and purchase (Associates are eligible date of hire, access to favorable rates and more incentives!)
Medical, dental and vision insurance (Associates are eligible date of hire & premiums are paid by Toyota)
Matching 401(k) and fully funded Pension Plan
Paid time off (vacation, sick, personal, holidays)
About Toyota Financial Services
Headquartered in Torrance, Calif., Toyota Financial Services (TFS) is the finance and insurance brand for Toyota in the United States, offering retail auto financing and leasing through Toyota Motor Credit Corporation (TMCC) and extended service contracts through Toyota Motor Insurance Services (TMIS). Lexus Financial Services is the brand for financial products for Lexus dealers and customers. TFS currently employs over 3,300 associates nationwide, and has managed assets totaling more than $81 billion. It is part of a worldwide network of comprehensive financial services offered by Toyota Financial Services Corporation, a wholly-owned subsidiary of Toyota Motor Corporation. Equal Opportunity Employer M/F/D/V. We E-verify.
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US-CA-Greater Los Angeles-Torrance
TFS - Toyota Financial Services
Toyota - 2 years ago
Toyota Motor Corporation (Toyota) primarily conducts business in the automotive industry. Toyota also conducts business in the finance and...