Loan Processor I - Temporary (18 month contract)

Pfaff Automotive Partners•Vaughan, ON

5d•CA$36,608 - CA$55,000•Onsite

About The Position

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 Manager. This is an 18 month contract.

Requirements

Strong attention to detail
Sense of urgency
Excellent communication
PC skills including knowledge and use of MS Office (Excel, Word, Windows, etc.)
Experience in loan processing preferred
High School graduate or equivalent, 18 years or older required.

Nice To Haves

Does the right thing, takes action and adapts to change
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
Thrives on a team, stays positive, lives our values

Responsibilities

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