Latitude AI

Commercial Lender

Linthicum Heights, Maryland, United States

$90,000 – $125,000Compensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, ConsultingIndustries

Requirements

Candidates must have over 10 years of experience in commercial lending, with at least 2 to 4 years specifically in commercial lending and a sales background. A High School Diploma or General Education Degree (GED) is required, while an Associate's Degree in General Studies is preferred. Additionally, 5 to 8 years of banking or credit union experience is necessary.

Responsibilities

The Commercial Lender will identify, evaluate, and originate commercial loan opportunities while performing thorough financial analysis and credit risk assessments. They will develop and maintain strong client relationships, manage a diverse portfolio of commercial loans, and ensure compliance with bank policies and regulatory guidelines. The role involves collaborating with internal teams for a seamless loan process, pursuing new business opportunities, and ensuring compliance with loan documentation and legal requirements. Additionally, they will prepare and present financial reports and portfolio metrics to senior management.

Skills

Credit Risk Assessment
Financial Analysis
Loan Origination
Commercial Lending
Client Relationship Management
Sales
Portfolio Management
Underwriting
Business Development
Risk Management

Latitude AI

Develops automated driving technologies for vehicles

About Latitude AI

Latitude AI develops automated driving technologies aimed at enhancing the driving experience. Their primary product is a hands-free, eyes-off driver assist system designed for next-generation Ford vehicles. This system allows drivers to engage in other activities while the vehicle manages driving tasks, thereby making driving safer and less stressful. Latitude AI stands out from competitors by combining the agility of a startup with the manufacturing capabilities of Ford, enabling rapid development and integration of advanced technologies into vehicles. The company's goal is to redefine how people interact with their cars, improving safety and providing drivers with more free time during their journeys.

Key Metrics

Pittsburgh, PennsylvaniaHeadquarters
2022Year Founded
VENTURE_UNKNOWNCompany Stage
Robotics & Automation, Automotive & TransportationIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
401(k) Retirement Plan
401(k) Company Match
Paid Parental Leave
Paid Medical Leave
Unlimited Paid Time Off
Paid Holidays
Monthly Wellness Stipend
Professional Development Budget
Mental Health Support
Employee Discounts
Adoption Assistance
Backup Child and Elder Care Program
Pre-tax Commuter Benefits
Employer-paid Group Term Life Insurance

Risks

Competition from tech giants like Tesla and Google may impact market share.
Continuous updates needed due to rapid AI advancements could be costly.
Consumer skepticism and regulatory hurdles may slow technology adoption.

Differentiation

Latitude AI combines startup agility with Ford's manufacturing excellence.
Focuses on hands-free, eyes-off driver assist systems for Ford vehicles.
Operates independently while serving millions of Ford customers.

Upsides

Increased investment in AI-driven automotive technologies boosts sensor fusion advancements.
V2X communication technologies enhance vehicle interaction with the environment.
Edge computing enables real-time data processing, improving automated driving performance.

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