Credit Analyst

Company Information

PACCAR is a Fortune 500 company recognized as a global leader in the commercial vehicle, financial, and customer service fields with internationally recognized brands such as Kenworth, Peterbilt, and DAF trucks. PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR designs and manufactures advanced diesel engines and also provides customized financial services, information technology and truck parts related to its principal business.

We’re investing in sustainability for the long haul. We are a purpose-led, values-driven company that believes the work we do today makes a difference tomorrow. Whether you are starting out your career or continuing to build upon one, PACCAR provides opportunities for both! Join a community of professionals that is helping build the best in industry products and services that keep our communities running!

Division Information

PACCAR Financial (PFC)
PACCAR Financial facilitates the sale of premium-quality PACCAR vehicles in 20 countries on three continents worldwide by offering a full spectrum of creative, flexible financial products and value-added services specifically tailored to the transportation industry.

Requisition Summary

PACCAR Financial is seeking a Credit Analyst to join our team. The position will be located either at our Bellevue, WA or Lewisville, TX location. This analyst will perform credit analysis and underwriting of potential loan and lease customers in the Western United States. The position involves working closely with our Sales Team and Dealer Network, to ensure sound decision-making, while promoting the sale and financing of PACCAR products.

We are looking for a motivated team player, with a demonstrated drive to develop and work in a fast-paced environment.

Job Functions / Responsibilities

• Performs credit analysis on end-user financing customers, incorporating company policies, promotions and programs into the decision-making process, with the goal of fostering the sale of PACCAR products.
• Reviews and approves, modifies or declines retail collateralized transactions within established credit authority, and communicates decisions to the dealer.
• Responsible for timely and accurate disposition of all assigned credit proposals.
• Makes recommendations to management on proposals beyond the analyst’s credit authority.
• Prepares fleet credit proposals for management review as assigned.
• Actively participates in evaluating customer credit quality and ongoing financial stability.
• Performs retail and wholesale financial analysis as assigned.

Qualifications & Skills

• 3 years of commercial underwriting or related experience. Knowledge of credit and finance functions a bonus
• Must possess strong analytical and decision-making skills.
• Demonstrated oral communication and negotiating skills.
• Financial statement analysis and interpretation skills.
• Heavy equipment or commercial lending and dealer network experience are highly desired.
• Strong business writing skills.

Benefits

As a U.S. PACCAR employee, you have a full range of benefit options including:

• 401k with up to a 5% company match
• Fully funded pension plan that provides monthly benefits after retirement
• Comprehensive paid time off – minimum of 10 paid vacation days (additional days are provided with additional seniority/years of service), 12 paid holidays, and sick time
• Tuition reimbursement for continued education
• Medical, dental, and vision plans for you and your family
• Flexible spending accounts (FSA) and health savings accounts (HSA)
• Paid short-and long-term disability programs
• Life and accidental death and dismemberment insurance
• EAP services including wellness plans, estate planning, financial counseling and more

Education

• BA/BS degree in finance, business or related field required;
• MBA or equivalent experience preferred.

Additional Job Board Information

PACCAR is an Equal Opportunity Employer/Protected Veteran/Disability. At PACCAR, we value talent and promote growth and development. We carefully consider numerous compensation factors, including your education, training, or experience. The salary range for the Credit Analyst is $72,200 - $108,000 annually. Additionally, this role is eligible for a full range of benefit options listed above.