Porsche Cars North America
Costa Mesa, CA
Support the success of the credit underwriting team with best in class service through effective interaction with dealers, customers and affiliates. Support company and departmental initiatives and departmental goals relating to financial and operating objectives.
The Sr. Credit Analyst is responsible for underwriting individual and business credit applications for Porsche, Bentley, Lamborghini and Bugatti, US and Canada within defined limits of authority. As needed, support the administration of the commercial financing programs for US and Canada, which includes all mobility programs, racecar financing, and charging station financing.
No relocation assistance will be provided for this position
Roles & responsibilities
Make credit recommendations in the best interest of PFS and in line with applicable company targets, underwriting handbook and limits of authority.
Display a high level of credit underwriting skills and experience with the ability to analyze complex underwriting assignments and present a course of action to dealers and decision-makers.
Show excellent due diligence and attention to detail when processing credit applications and ensure a quick turnaround.
Ensure proper adherence and compliance to regulatory, financial institution, and Porsche Financial Services (PFS) guidelines.
Provide guidance and support to credit analysts in all areas of underwriting.
Acquire an understanding of contract processing tasks and workflows and apply this knowledge to provide support and guidance to the department.
Possess the ability to analyze pay statements, business and personal tax returns, company financial statements, calculate and interpret key financial ratios, and formulate recommendations for the extension of credit in both the consumer and commercial finance requests.
Acquire knowledge of Commercial Finance Programs.
Provide experienced guidance and support within the department in order to achieve excellent and consistent service and integrity when interacting with dealers, internal customers, external customers, vendors, and affiliates.
Possess understanding of dealers’ need for quick application turnaround and proactively complete tasks to accomplish timely processing of applications.
Develop and maintain an excellent working relationships with all Porsche, Bentley, and Lamborghini Dealers. (was Bugatti)
Guide and instruct dealers on programs, underwriting requirements, deal structure and funding requirements.
Ensure all credit decisions including credit declines are communicated to dealers in a constructive and respectful manner.
Provide and help coordinate proper telephone coverage and prompt service to inbound telephone call volume from dealers.
Maintain an attitude of teamwork and continuous improvement of processes within the department.
Reporting and Projects
As needed assist Credit Managers with:
Team meetings and training within the department.
Maintenance and review of monthly departmental reporting and analysis of activities.
Department projects including routine audits of department processes to ensure program, policy, and work quality are maintained.
7+ years of professional experience with 5 years of indirect lending and lease experience
Excellent verbal and written communication skills
Excellent interpersonal, analytical, and negotiation skills
In-depth knowledge of federal and state compliance requirements
Commitment to excellence, quality-driven
General PC skills and proficiency in Microsoft Office Suite
Supervision of a work team
Knowledge in database management (Access, SQL) beneficial
Normal work hours are between 9:00 AM to 7:00 PM PST, however flexibility in scheduled work hours required depending on the need to cover time zones other than the local time zone.
Rotating Saturdays are required and Sundays be required due to business needs.
Periodic travel to dealers and vendors to nurture and cultivate relationships.
Percentage of required travel: 25%
Porsche Cars North America
Responsibility for day-to-day support of the compensation and benefits department, with emphasis on the benefits, compliance and payroll. These responsibilities include executing data input and validating payroll ensuring the timely and accurate distribution of pay and deductions, in addition to supporting the benefit programs to include enrollment, claims resolution, change reporting, and approving invoices for payment. This position also collaborates with other departments regarding governance, benefit budgets and billing; collaborates with HR Team for orientation, onboarding and policies.
No relocation assistance will be provided with this position.
Roles & Responsibilities
In partnership with Benefits Brokerage and Outsourced Administration Teams, ensure that employees understand benefit programs and assist employees as situations arise.
Manage HRIS system (Paycom) benefit setup for benefit plans and ACA reporting requirements.
Accountable for the ensuring benefit invoices are properly audited and sent to the Accounts Payable department.
Manage the Porsche Associate Lease (PAL) and VW eTag vehicle program employee communications, deductions and file transfers including the processing of employee motor vehicle reports (MVR).
Partner with the Benefits Intern to manage the Life In Motion Wellness Program.
Provides new hire orientation support and presents at New hire orientations
Support Pension administration with valuation request processing, monthly maintenance and payment processing.
Coordinate yearly Open Enrollment Meetings with employees, companies & broker; arrange for distribution of materials from carriers and process changes with deadlines.
Work closely with the Human Resources Managers to process, track, administer and oversee all leave of absence and accommodation requests and disability paperwork: medical, personal, disability, Federal & State mandated leaves.
Support annual plan audits for the 401(k) and pension plans; government reporting and filing; 5500 filing for health and welfare, pension plan and 401(k) plans in conjunction with PBS Tax and Accounting Departments.
Tracks PAL car and etag car deductions; works together with HR Business Managers is ensuring payments are timely and coordinated with the operations and VW teams respectively.
Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
Performs all other duties as required and assigned.
Participate in the accurate and timely compilation, preparation, and processing of Bi-Weekly and Semi-Monthly payroll in accordance with state and federal regulations and company policies and procedures for exempt and non-exempt employees.
Updates payroll and employee records by reviewing, entering and approving changes in insurance coverage, deductions, job titles, transfers and any other pertinent information to maintain accurate records within HRIS and Payroll program.
Track compensation and benefits benchmarking data; ensure company compensation plans are following State and Federal regulations.
Maintain all HR and Payroll employee files to include personnel, payroll, medical, 401 (k) for both active and terminated employees; manage on site storage of files by boxing up and sending prior year’s files to storage on an annual basis
Serve as primary back up to Payroll Manager; provide full-cycle payroll processing once every 6 weeks or no fewer than 10 pay-periods per year; and research/respond to general payroll inquiries and issues.
Responsible for providing employment and wage verifications on external inquiries.
Handles all accruals and time and attendance input, reconciliation and monthly reporting and distribution.
Check distribution for all employees
Delivery responsibility for time and attendance training to new managers and employees
Bachelor’s degree in Human Resources, Business Administration, Finance/Accounting (preferred) or related field. Experience:
5+ years Benefits administration experience
3+ years of Payroll administration experience
Certification in Compensation, Benefits and/or Payroll strongly preferred.
Understanding of State and Federal regulations that impact compensation, benefits, payroll and human resources.
Ability to meet deadlines and is flexible with changing priorities.
Excellent verbal and written communication skills.
Proficient in MS Office (Excel and Word) with preferred exposure to SuccessFactors.
Seeks to ensure proper retention of electronic documents, business confidential information, and actively demonstrates an understanding of the need to safeguard competitive information in both electronic and non-electronic formats
Attention to Detail
Planning and Organization