Benz Financial Jobs (NOW HIRING)

Mercedes-Benz Financial Services, part of the global company Mercedes-Benz Mobility AG is the captive financing and mobility solutions company of the global luxury automobile manufacturer, Mercedes-Benz AG. We offer a comprehensive range of automotive financial and insurance products that make it easy for our customers to drive their dream Mercedes-Benz vehicle. Working at Mercedes-Benz Financial Services is more than a job – it's an opportunity to join an innovative team where you are valued for your contributions. As an employee, you will experience career development in a positive, employee-centric environment. We're a global company that not only offers best-in-class products to our customers but also best-in-class benefits to our employees. Our employees experience a comfortable, friendly environment and relaxed, inclusive culture.

When working at Mercedes-Benz Financial Services, you will enjoy a comprehensive and amenity-rich benefits package offering something for every employee at each stage of their life. As a new employee, you will have the opportunity to take advantage of the following benefits that go beyond – beginning day one:

Get Rewarded! Competitive salary plus an annual bonus based on company performance and/or personal yearly performance

Need a vacation? How about just some time for YOU! In addition to our vacation time, you'll receive fifteen (15) additional corporate holidays, which will allow you to celebrate religious holidays or escape to the spa! Designed to be flexible, we let you decide which days are most important to you!

Ride in Style - All employees are eligible to participate in the Mercedes-Benz Employee Lease Program

We want you to be healthy! Outstanding medical, dental, and vision insurance, employer-paid short and long term disability plus on-site exercise facilities

Is your family growing? Enjoy generous paid Family Leave Programs - Six Weeks for New Parents; Adoption Expense Reimbursement Programs - up to $6k per child

Want to go back to school? Tuition Assistance Scholar Program - receive up to $8k in vouchers to complete business-related coursework

Responsible for managing and overseeing the credit underwriting and funding by dealer credit and fleet credit teams including new acquisitions, portfolio management, reporting, problem credit resolution, dealer liquidations, credit restructures, companywide adherence to global credit rules, internal compliance requirements, credit product establishment and management, global credit rating management, global credit system enhancement designs, testing, and implementations.

This role serves as the primary credit relationship manager for senior dealer ownership and executive stakeholders, leads high-exposure underwriting and credit committee submissions and provide leadership to Sr. Dealer Credit Analysts, Dealer Credit Analysts, Fleet Credit Manager, Fleet Credit Analysts and Credit Compliance Specialist. The position ensures alignment with dealer risk appetite, global credit governance standards, and operational excellence in dealer credit execution.

1. Lead, mentor, and develop Senior Dealer Credit Analysts and Dealer Credit Analysts supporting the Western Region portfolio, the Fleet Credit Manager and Fleet Credit Analysts supporting the commercial fleet portfolio, review credit analysis, monitoring reports, and customer communications for quality and accuracy, allocate workload, manage performance expectations, support professional development, and foster a culture of accountability, collaboration, and continuous improvement (20%)

2. Oversee financial monitoring, covenant compliance, exposure management, ensure timely credit line renewals, execution of legal documentation, escalate material risk issues, and recommend and execute corrective action plans, and support portfolio concentration management and MB utilization tracking (15%)

3. Review, present, and approve credit submissions at Local, Executive, and Global Credit Committees, ensure adherence to credit policy, ensure collateral and guaranty structure aligns with the global credit and product riles, manage and drive risk appetite, ensure adherence to global governance requirements, lead responses to committee questions, approval conditions, and post-approval documentation. Serve as an acting member of Executive Credit Committee with committee approval authorities up to $400 million (20%)

4. Contribute to development of global credit policies and credit product rules, manage the local development and approval of Americas Hub credit products, create, maintain and enforce credit underwriting standards, policies and procedures, partner with senior and global leadership to outline portfolio growth strategy and risk positioning, collaborate with global credit counterparts to align local credit practices (15%)

5. Ensure accurate booking and maintenance of credit facilities in internal systems (eCreditPro, CRD, DM, SFP-W), coordinate legal documentation, collateral filings, closing processes, support internal audits, and drive process enhancements.

6. Service as backup Credit Manager to National Accounts, Dealer Credit South and Dealer Credit North (5%)

7. Review and execute legal documentation on behalf of MBFS as well as manage the documentation process, the funding process, and control/approve outgoing bank wires for loan funding up to $30 million flow (10%)

8. Work directly with the Global CRD team to fix global credit system issues, design new system functionalities, elaborate local system landscape integration, create new credit underwriting automations, test newly developed enhancements for production releases and train local markets on released functionalities (5%)

To be considered for promotion, candidate's most recent LEAD appraisal must indicate Ready or 1-Step.

Applicants must be legally authorized to work in the U.S. at the time of application. Relocation assistance will not be provided for this position. This position requires a minimum of 8 years of overall work experience. Preferred experience includes:

• Accounting: 3 years
• Audit: 1 year
• Business-General: 4 years
• Credit: 5 years
• Customer Service: 1 year
• Finance

Education: Bachelor's Degree is required, Master's Degree is preferred. Recommended majors include:

• Accounting
• Business Administration
• Finance

Qualifications & Experience:

• 8+ years of progressive experience in commercial or dealer credit underwriting
• Proven experience managing large, complex, multi-entity credit relationships
• Strong knowledge of wholesale lending, floorplan finance, real estate lending, and syndicated facilities
• Experience presenting to senior-level credit committees
• Demonstrated team leadership and mentoring capability
• Advanced financial analysis and risk assessment expertise

Skills:

• Analytical skills: Ability to collect data and establish facts and identify trends and variances
• PC skills Corporate Mainfram, Microsoft Office
• Presentation skills
• Problem Solving skills

Additional Skills:

Technical Knowledge/Competencies:

• Financial Analysis (balance sheet, income statement, and cash flow statement)
• Credit Systems (eCreditPro, CRD, DM, SFP-W, GeoFence)
• Credit system design, development, testing & implementation
• Strategic risk judgment and decision-making
• Executive-level communication and stakeholder management
• Strong negotiation and structuring skills
• High attention to detail
• Ability to balance portfolio growth with risk control

Recommended Prerequisites:

• Dealer Credit Analyst; Commercial Credit Analyst, Dealer Relations Manager