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Automotive Financing Specialist

2 months ago


Chicago, Illinois, United States Berman Auto Group Full time
Company Overview

Position Overview

Berman Auto Group is in search of meticulous and customer-oriented Automotive Loan Processors to enhance our finance department. The successful candidate will take charge of managing loan applications, liaising with financial institutions, and facilitating a seamless financing experience for our clientele. This position demands exceptional communication abilities and a keen eye for detail.

Position Title: Administrative Loan Processor
Compensation: $20/HR
Work Schedule: Monday-Saturday (2 days off; detailed schedule below)

Available Shifts:
1. 9:00 AM - 8:00 PM
2. 12:00 PM - 8:00 PM
3. 9:00 AM - 3:00 PM
Saturdays: 9:00 AM - 5:00 PM

Benefits and Perks:
  • Competitive Paid Time Off Policy - Accumulate 2 weeks in your first year
  • Multiple Affordable Medical Insurance Plans Starting at $43/week + FREE Telehealth
  • Low-Cost Dental, Vision & Life Insurance Options
  • Short-Term & Long-Term Disability Coverage
  • Comprehensive Paid Training
  • 401K Retirement Plan
  • Discounts on Automotive Services & Sales
  • Defined Career Path and Advancement Opportunities
Key Responsibilities:
  • Assess and process loan applications submitted by clients
  • Verify applicant details and credit histories
  • Engage with applicants to collect additional documentation as required
  • Ensure the accuracy and completeness of loan paperwork
  • Collaborate with lenders to obtain loan approvals and funding
  • Stay informed about lending regulations and compliance standards
  • Deliver outstanding customer service and respond to inquiries from clients and banks
  • Work alongside team members to meet departmental objectives
Required Qualifications:
  • High school diploma or equivalent
  • Prior experience in automotive financing, loan processing, or a finance-related position is highly preferred
  • Strong understanding of lending practices, financial principles, and regulatory standards
  • Exceptional attention to detail and organizational capabilities
  • Proficient in computer skills
  • Able to thrive in a fast-paced dealership environment and collaborate effectively with colleagues
  • Dedicated to maintaining confidentiality and managing sensitive financial information with care
Additional Information

All information will be kept confidential in accordance with EEO guidelines.

Berman Auto Group is an equal opportunity employer and prohibits discrimination or harassment based on race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.