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Funding Specialist
2 months ago
Porsche Financial Service is looking for a Funding Specialist
Porsche is a top-rated employer offering an excellent environment, benefits and advancement opportunities
The Funding Specialist will process contracts, assemble funding packages and submit to underwriting. This person will be responsible for disbursement of funds and communicating with dealerships, etc.
- Ensures completeness of new funding packages including any additional requirements stipulated by the underwriter.
- Discounts contracts in a timely and accurate manner, ensuring compliance with all federal, state, and local regulations with regards to finance tolerance and taxation.
- Recommends discounting and funding exceptions to the Supervisor and Credit Managers.
- Cures inaccurate funding packages sourcing the root cause of residual, finance charge and/or itemization errors and coach dealers on correction options.
- Educates dealers on the necessary PFS documentation and procedure requirements for timely processing of funding packages. This includes training dealers on proper methods of completing PFS documentation and consistent communication with PFS field personnel of dealer issues and exceptions.
- Provides competent dealer service. Resolves any issues related to dealer reserve/payment, documents preparation and state-specific taxation.
- Thoroughly reviews title work and supporting documentation as well as lien filing on Canadian funding packages.
- Performs insurance follow up as required within the pre-verification process.
- Process funding packages for the PFS Service Loaner Program per the program requirements.
- Processes lease extensions for Remarketing
Performs additional duties as assigned by Credit Managers and/or Supervisors.
