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Indirect Auto Underwriter Jobs in Florida (NOW HIRING)

JPMorgan Chase & Co.

Auto - Underwriter III

Tampa, FL · On-site

$100 - $125/hr

As an Underwriter III in Auto Finance, you will play a crucial role in reviewing policy and pricing ... Comprehensive knowledge of indirect loan, refinance, direct and lease programs, bank products, and ...

JPMorgan Chase & Co

Auto - Underwriter III

Tampa, FL

As an Underwriter III in Auto Finance, you will play a crucial role in reviewing policy and pricing ... Comprehensive knowledge of indirect loan, refinance, direct and lease programs, bank products, and ...

JP Morgan Chase

Auto - Underwriter III

Tampa, FL · On-site

As an Underwriter III in Auto Finance, you will play a crucial role in reviewing policy and pricing ... Comprehensive knowledge of indirect loan, refinance, direct and lease programs, bank products, and ...

JPMorgan Chase & Co.

Auto - Underwriter III

Tampa, FL · On-site

As an Underwriter III in Auto Finance, you will play a crucial role in reviewing policy and pricing ... Comprehensive knowledge of indirect loan, refinance, direct and lease programs, bank products, and ...

VyStar Credit Union

Indirect Lender

Jacksonville, FL · On-site

Must be well versed in all Indirect Consumer loan products to include Auto, Motorcycle, RV, and Marine. * Must be able to analyze, underwrite and evaluate Indirect Luxury loan applicants for ...

VyStar Credit Union

Indirect Lender

Jacksonville, FL · On-site

Must be well versed in all Indirect Consumer loan products to include Auto, Motorcycle, RV, and Marine. * Must be able to analyze, underwrite and evaluate Indirect Luxury loan applicants for ...

Huntington

Auto Finance Market Manager 3

Winter Park, FL · On-site +1

$125K - $255K/yr

Description The Auto Finance Market Manager III is responsible for indirect retail & commercial ... commercial / indirect underwriting teams, analysis, planning, marketing, budget management ...

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Indirect Auto Underwriter information

What is an indirect auto underwriter?

Indirect Auto Underwriters are finance professionals who evaluate and approve auto loan applications that are submitted to a lender through third-party sources, such as car dealerships. They assess the creditworthiness of applicants, review documentation, analyze risk, and ensure that loans comply with the lender's guidelines. Their work helps mitigate financial risk for lenders while facilitating auto financing for customers. Indirect auto underwriting is distinct from direct lending, as it involves working with intermediaries rather than borrowers directly.

What are the key skills and qualifications needed to thrive as an indirect auto underwriter?

To thrive as an Indirect Auto Underwriter, you need a solid understanding of credit analysis, risk assessment, and lending policies, typically supported by a degree in finance or a related field. Familiarity with loan origination systems, credit bureau reports, and underwriting software is essential for efficient evaluation. Strong analytical thinking, attention to detail, and effective communication skills help underwriters make sound decisions and collaborate with auto dealers. These competencies ensure accurate risk evaluation, regulatory compliance, and successful loan portfolio management.

What are some typical challenges faced by indirect auto underwriters when evaluating loan applications from dealerships?

Indirect Auto Underwriters often encounter challenges such as incomplete documentation, discrepancies in credit information, and pressure to process applications quickly due to dealership expectations. Balancing the need for thorough risk assessment with fast turnaround times can be demanding. Additionally, they must stay updated on lending regulations and adapt to changing market conditions, all while maintaining strong relationships with dealership partners. Collaboration with sales teams and clear communication with dealerships are essential to ensure both compliance and customer satisfaction.

What is the difference between Indirect Auto Underwriter vs Auto Loan Processor?

AspectIndirect Auto UnderwriterAuto Loan Processor
CredentialsTypically requires a bachelor's degree and underwriting certificationsUsually requires a high school diploma or equivalent, with some industry-specific training
Work EnvironmentOffice setting, analyzing credit data and risk assessmentOffice setting, processing loan documents and verifying information
Employer & Industry UsageUsed by auto finance companies, dealerships, banksEmployed by lenders, dealerships, and financial institutions

The main difference between an Indirect Auto Underwriter and an Auto Loan Processor is their focus within the auto financing process. The Indirect Auto Underwriter evaluates credit risk and approves or denies loan applications, often working closely with dealerships. In contrast, the Auto Loan Processor handles the administrative tasks of processing approved loans, verifying documents, and ensuring compliance. Both roles are essential in auto lending but serve different functions within the industry.

What are popular job titles related to Indirect Auto Underwriter jobs in Florida?

For Indirect Auto Underwriter jobs in Florida, the most frequently searched job titles are:

What job categories do people searching Indirect Auto Underwriter jobs in Florida look for?

The top searched job categories for Indirect Auto Underwriter jobs in Florida are:

What cities in Florida are hiring for Indirect Auto Underwriter jobs?

Cities in Florida with the most Indirect Auto Underwriter job openings:

Indirect Auto Underwriter jobs near you

Auto - Underwriter III

JPMorgan Chase & Co.

Tampa, FL • On-site

$100 - $125/hr

Other

Posted 4 days ago

JPMorgan Chase & Co. rating

7.9

Company rating: 7.9 out of 10

Based on 500 frontline employees who took The Breakroom Quiz

78th of 176 rated banks

Job description

Chase Auto, a prominent provider of auto financing, manages a portfolio exceeding $80 billion in assets and collaborates with 75% of U.S. franchised automotive dealers. As part of the JPMorgan Chase franchise, Chase Auto serves auto dealers, consumers, and vehicle manufacturers, offering a comprehensive range of financial products and services, including retail lending, captive financing, floorplan products, cash management, private banking, and payment processing.

As an Underwriter III in Auto Finance, you will play a crucial role in reviewing policy and pricing exceptions and supporting daily operations. Your responsibilities will include structuring decisions to optimize profit and strengthen relationships, processing automobile applications with a focus on response time, application volume, and approval quality. You will aim to meet or exceed targets for return on equity (ROE), volume, conversion ratios, and other business metrics. Additionally, you will initiate sales calls, prepare written follow-ups when necessary, and provide prompt, accurate responses to both internal and external customer inquiries.

Job responsibilities
  • Review credit applications and make credit decisions in compliance with credit policy requirements and regulations.
  • Assist in daily operations by reviewing policy and pricing exceptions.
  • Structure decisions to maximize profit and enhance relationships.
  • Process automobile applications, emphasizing response time, application volume, and approval quality.
  • Meet or exceed targets for ROE, volume, conversion ratios, and other business metrics.
  • Initiate sales calls and prepare written follow-ups as needed.
  • Manage end-to-end underwriter funding and eContracting responsibilities, including funding authorization, contract validation, issue resolution, and coordination with internal and external partners to ensure accurate and timely loan booking.
  • Partner closely with Sales and Credit colleagues to support regional growth initiatives and dealer development strategies.
  • Develop and maintain strong dealer relationships that help drive customer satisfaction, loyalty, and market volume growth.
  • Initiate sales calls and prepare written follow-ups as needed.
Required Qualifications, Capabilities, and Skills
  • 5+ years of experience in Auto Credit Underwriting.
  • Experience reviewing credit bureau reports.
  • Proficiency in credit decisioning and a solid understanding of consumer credit and relevant federal and state regulations.
  • Comprehensive knowledge of indirect loan, refinance, direct and lease programs, bank products, and services.
  • Expert knowledge of credit philosophy, policies, loan documentation, and related legal issues.
  • Thorough understanding of the bank's policies, procedures, products, and inherent risks.
  • Superior analytical skills with excellent written and verbal communication abilities.
  • Results-oriented with high personal initiative and proven leadership skills.
  • Provide prompt, accurate responses to internal and external customer inquiries.
  • Participate in regional dealer visits, market meetings, and other collaborative opportunities to strengthen partnerships and support business growth.
Preferred Qualifications, Capabilities, and Skills
  • Experience in Auto Retail Sales.
  • Proven ability to manage multiple tasks and projects in a fast-paced environment.
  • Knowledge of and experience supporting dealer networks within the Northeast market.
  • Willingness to participate in dealer visits, market meetings, and collaborative business development activities.
  • Passion for building strong partnerships that contribute to dealer satisfaction and market growth.
Work Arrangement & Schedule

Employees are expected to work in the office during their training and onboarding periods, typically for the first 90 days, though the timeframe may vary based on performance and business needs. Scheduled hours support operations between 8:00 AM and 8:00 PM Eastern Time. Saturday shifts are assigned on a rotating basis and may be adjusted as business needs require.

Territory Coverage: This role supports the Northeast Region Credit Team, servicing dealer partners across Central New Jersey to Maine. Occasional travel 25% for dealer visits, market meetings, and partnership-building activities may be required.
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