Responsibilities:
1. Negotiating with lenders, financial institutions, and other entities to obtain financing terms that meet the needs of borrowers while generating profits for the dealership
2. Maintaining records related to accounts receivable, accounts payable, and other financial records as required by federal or state regulations
3. Evaluating credit applications from potential customers and determining whether they are eligible for financing, including arranging for appraisals of used cars or other collateral if needed
4. Preparing contracts for loans or leases and managing the loan process until it is closed
5. Verifies accuracy of all material information on the credit application and submits to lender.
6. Adheres to a standard of professional ethics and is respectful to customers.
7. Help process applications and handle customer inquiries
8. Reviewing financial statements and other reports to determine whether they need to take any action to improve their business
9. Reviewing loan requests to determine which should be approved and which should be denied
10. Providing advice to customers about financing options based on their financial situation and specific needs
11. Books out deals accurately.
12. Structures deals in accordance with lender and dealership guidelines
Qualifications and experiences:
13. QFA qualified with additional qualification in Business or Finance
14. 2+ years’ experience in a Financial Services industry position