Auto Finance Loan Specialist — Dealership Relations

Midway Auto Group

Los Angeles (CA)

Hybrid

USD 48,000 - 110,000

Full time

5 days ago
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Benefits offered by this job

Medical, Dental, and Vision benefits
Life Insurance
401K matching
Employee Stock Ownership Program
Wellness Programs
Metro Card & Transit Reimbursement for

Job summary

Westlake Financial Services in Los Angeles, CA is seeking a Loan Officer to join our Auto Finance team. You will assess applications, analyze credit, and work with car dealerships and clients to secure financing.

The role emphasizes loan origination, risk assessment, compliance, and delivering exceptional customer service, with a compensation plan featuring base salary plus monthly bonuses.

Qualifications

  • 2-4 years of experience in loan origination or underwriting, preferably auto finance or consumer lending.
  • Bachelor’s degree in finance, business, or related field (preferred) or equivalent experience.
  • Strong analytical and communication skills; ability to assess financial data and provide sound lending decisions.

Responsibilities

  • Loan Origination: Review and process auto loan applications meeting requirements.
  • Application Analysis: Assess applicants’ financial background, credit histories, and other info to determine eligibility.
  • Decision Making: Approve or decline loans based on data and guidelines.
  • Relationship Management: Build relationships with car dealerships and guide loan products.
  • Compliance and Documentation: Ensure files comply with regulations and documentation is complete.
  • Customer Support: Provide excellent service to clients and dealerships.
  • Reporting: Track loan performance and provide insights for business objectives.

Skills

Analytical skills
Communication skills
Attention to detail
Financial software proficiency
Credit analysis knowledge
Regulatory knowledge
Credit scoring understanding

Education

Bachelor’s degree in finance/business

Tools

Financial Software
Loan origination systems
Microsoft Office Suite

Job description

Westlake Financial Services in Los Angeles, CA is seeking a Loan Officer to join our Auto Finance team. You will assess applications, analyze credit, and work with car dealerships and clients to secure financing.

The role emphasizes loan origination, risk assessment, compliance, and delivering exceptional customer service, with a compensation plan featuring base salary plus monthly bonuses.

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