Underwriting Analyst (Small Fleet)
Company: Triumph Financial
Location: Coppell
Posted on: March 1, 2025
Job Description:
Join Triumph!At Triumph, a member of the Triumph Financial
portfolio of brands, we believe the strength of our commitment is
reflected in product innovation and the strategic partnerships
we've established. That's why we look for team members who work
hard to make a difference in their workplace and community. Our
goal is to make long-term improvements in everything and everyone
we touch. We thrive on providing exceptional customer service, and
we look for friendly professionals dedicated to helping customers
achieve their financial goals.Position SummaryTriumph Financial
Services originates and services factoring facilities to support
working capital needs concentrated in the transportation industry,
with a focus in over the road, for hire trucking segment. The
Factoring Division enables clients to generate liquidity for
operational needs through the purchase of receivables from the
client. The Underwriting function in Factoring serves to identify
risks and mitigations common to the credit, character and
collateral profile of both new and existing factoring
clients.Triumph Factoring Division is hiring an Underwriting
Analyst that will be responsible for new client application
underwriting and support portfolio management via underwriting
existing client relationships on an as needed basis. The position
will require a high degree of organization, attention to detail,
initiative and an effective communication skill set. A qualified
applicant will demonstrate the capacity to identify, address and
convey key decision inputs from disparate sources to achieve
decision concurrence from all stakeholders.Essential Duties &
Responsibilities
- Evaluate the Character, collateral and credit risks identified
via a review and analysis of the application, business conditions,
external reports, and management capabilities.
- Oversee application work-flow processing - prepare contracts,
filings, maintain system changes, and be responsible for compliance
of OFAC and legal documentation of applicants.
- Review credit reports, background searches, OFAC, Clear and UCC
searches, to identify risks indicative or predicative of future
behavior that would generate a loss. Construct rationale supporting
a final decision or decision recommendation to management.
- Effectively articulate the justification for underwriting
decisions to all Originations and Credit stakeholders.
- Draft, amend, and complete legal contract packages.
- Create and maintain client information within internal
files.
- Execute all assigned tasks in a timely manner in accordance
with expectations in place.
- Perform other duties as assigned.Experience & Education
- Bachelor's degree preferred or equivalent work experience.
- 1-3 years of experience in underwriting or risk analysis.
- Experience with Uniform Commercial Code (UCC)
- Experience with reading both consumer and commercial
bureaus.
- Experience in transportation factoring is preferred.Skills &
Abilities Required
- Independently motivated with a strong desire to perform.
- Demonstrate initiative and ability to work independently and as
part of the team.
- Strong work ethic and organizational skills.
- Must be proficient in Microsoft Word and Excel.
- Ability to handle multiple tasks while maintaining attention to
detail.
- Strong professional communication skills.
- Ability to problem solve and think critically.Work
EnvironmentThe work environment characteristics described here
maybe encountered while performing the essential functions of this
job. Reasonable accommodations may be made to enable individuals
with disabilities to perform the essential functions.
- Moderate noise (i.e. business office with computers, phone, and
printers, light traffic).
- Ability to work in a confined area.
- Ability to sit at a computer terminal for an extended period of
time. Occasional stooping or kneeling may be necessary.
- While performing the duties of this job, the employee is
regularly required to stand, sit, talk, hear and use hands and
fingers to operate a computer keyboard and telephone.
- Specific vision abilities are required by this job due to
computer work.
- Light to moderate lifting is required.
- Regular, predictable attendance is required.#LI-KB1We offer
Medical, Dental, Vision, Paid Time Off, 401k and much more.Go on.Do
it.Apply Today!
Keywords: Triumph Financial, Dallas , Underwriting Analyst (Small Fleet), Professions , Coppell, Texas
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