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Dfc Loan Processor I

Company

Lithia Motors, Inc.

Address , Portland, 97223, Or
Employment type FULL_TIME
Salary $20.00 - $27.50 an hour
Expires 2023-06-24
Posted at 1 year ago
Job Description

Dealership:

L0238 Driveway Finance Corporation

DFC Loan Processor I

The DFC Loan Processor I works with Lithia Stores to ensures that each loan package is compliant with DFC loan standards within deadlines. Will verify employment and insurance coverage for loan collateral, documenting all steps taken within the LOS, limiting risk to DFC by identifying fraudulent activity, and provides excellent service by phone and email to Lithia stores and borrowers.

The DFC Loan Processor I reports to the DFC Loan Funding Supervisor.

Compensation Range: $20/hr - $27.50/hr

Responsibilities

  • Other duties as assigned
  • Review new deal packets within 1 business day and communicates any funding delays by phone and email promptly
  • Meet processing expectation metrics on a consistent basis including a review and response to correspondence from dealer same day
  • Maintain positive working relationships with dealers and underwriters
  • Can effectively handle escalated non-responsive deals and communicate with dealers in a professional manner
  • Complete employer verification, insurance verification and borrower welcome call
  • Document all communication with dealers, borrowers as well as internal events

Skills and Qualifications

  • Excellent communication
  • Sense of urgency
  • Experience in loan processing preferred
  • Strong attention to detail
  • PC skills including knowledge and use of MS Office (Excel, Word, Windows, etc.)

Competencies

  • Thrives on a team, stays positive, lives our values
  • Self-motivates, believes in accountability, focuses on results, makes plans and follows through
  • Believes in humility, shares best practices, desires to keep learning, measures performance and adapts to improve results
  • Does the right thing, takes action and adapts to change

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job.*

  • Up to 1/3 of time: standing, walking, lifting up to 25 pounds
  • Up to 2/3 of time: sitting, kneeling, reaching, talking, hearing

*Reasonable accommodations may be made to enable individuals to perform the essential functions.

NOTE: This is not necessarily an exhaustive list of responsibilities, skills, or working conditions associated with the job. While this list is intended to be an accurate reflection of the current job, the company reserves the right to revise the functions and duties of the job or to require that additional or different tasks be performed.

We offer best in class industry benefits:

  • Paid Life Insurance
  • Lithia Learning Center
  • Medical, Dental and Vision Plans
  • 401(k) Retirement Plan
  • Paid Holidays & PTO
  • Competitive pay
  • Employee Stock Purchase Plan
  • Vehicle Purchase Discounts
  • Wellness Programs
  • Short and Long-Term Disability

High School graduate or equivalent, 18 years or older required. Acceptable driving record and a valid driver's license in your state of residence necessary for select roles. We are a drug free workplace. We are committed to equal employment opportunity (regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status). We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.