Manager, Due Diligence in Dallas, TX

$80K - $100K(Ladders Estimates)

Nissan   •  

Dallas, TX 75201

Industry: Manufacturing & Automotive


5 - 7 years

Posted 53 days ago

With a focus on Mobility, Operational Excellence, Value to our Customers and the Electrification of vehicles, you can expect to be part of something exciting. From the sleek design of our vehicles to the unique opportunities we offer around the globe, Nissan exemplifies ingenuity in everything we do. Our people are what drive the business forward.

We're currently looking for a Manager, Due Diligence to join our team at Nissan Motor Acceptance Corporation in Irving, Texas.

This role will be responsible for:

  • Ensures verification of financial information and determines the financial condition of Nissan and Infiniti dealers having a commercial lending relationship with Nissan Motor Acceptance Corporation and/or Infiniti Financial Services (NMAC/IFS).
  • Supervises the due diligence process and identification of potential dealer defaults of wholesale agreements.
  • Ensures deception detection, evidence collection, and fraud investigation.
  • Maintains consistency in procedures and reporting of the due diligence function.
  • Utilizes staff and technology resources to identify potential losses to NMAC/IFS commercial loan accounts.

Job functions include but are not limited to:

  • Determines, plans, staffs and arranges due diligence reviews of those dealers having a commercial lending relationship with NMAC/IFS.
  • Reviews the procedures and reports generated by the due diligence staff for accuracy and consistency.
  • Maintains and utilizes the dealer evaluation report which ranks dealers according to their financial condition.
  • Provides reports and recommendations to credit committee regarding dealers not meeting NMAC/IFS minimum capitalization requirements.
  • Provides financial input on commercial loan requests. Analyzes trends in industry, floored, and non-floored dealerships to enhance the department's effectiveness in identifying weaknesses and opportunities.
  • Has nonexempt through journey-level exempt subordinates or contractors.
  • Supervises and provides leadership, coaching, guidance, training and staff development; interviews and selects unit employees; plans and evaluates employee performance; recommends merit increases, transfers and promotions; counsels and disciplines employees as necessary; recommends termination when appropriate; and monitors time and attendance of subordinates.

Minimum Qualifications:

  • Advanced knowledge of dealer floorplan and commercial loan origination, funding and management.
  • General knowledge of fraud detection.
  • Basic knowledge of bankruptcy laws and legal enforcement of default covenants and collateral liquidation.
  • General knowledge of the automotive industry.
  • Strong oral/written communication, interpersonal, and project management skills.
  • Strong investigative, deception detection and evidence collection skills.
  • Five or more years of directly related professional level Credit experience.
  • Two or more years in a full supervisory role, providing leadership, coaching, guidance and training and contributing to staff development.
  • An advanced degree or professional certification requiring formal education beyond college (e.g. M.A., M.S., C.P.A., J.D.).
  • Working knowledge of word processor, spreadsheet, other PC applications, or mainframe applications to produce non-standard, creative products.

Valid Through: 2019-10-18