The Vehicle Sales Loan Officer will be responsible for evaluating and processing loan applications for customers seeking financing for vehicle purchases. This role requires understanding customer needs, assessing loan eligibility, and working with customers to secure vehicle financing.
Key Responsibilities
Meet with customers to understand their vehicle financing needs and provide appropriate loan options.
Collect and analyze customers’ financial data to determine eligibility for vehicle loans.
Assist customers in completing loan applications and required documentation.
Work closely with the credit committee to ensure loan approval and disbursement.
Provide information and guidance on loan terms, interest rates, and repayment schedules.
Maintain a strong relationship with customers throughout the loan application and approval process.
Follow up with loan applicants to gather additional documentation or information.
Build and drive relationships with new and used car dealers.
Ensure compliance with all relevant laws and company policies regarding loan approval.
Qualifications And Skill
Associate or Bachelor’s degree in Business, Finance, or related field (preferred).
Proven experience in loan sales, vehicle financing, or financial services.
Strong knowledge of loan products, credit analysis, and vehicle financing processes.
Excellent interpersonal and communication skills.
Detail-oriented and able to handle multiple applications simultaneously.
Strong problem-solving and customer service skills.
Must have a working motor vehicle.
Additional
Ability to work independently and meet sales targets.
Knowledge of local automotive market trends is a plus.
Any other duties assigned to the post.
