Loan Processor I - Temporary (18 month contract)

Dealership:

L0484 Pfaff Leasing

DFC Loan Processor I - Temporary 18 Month Contract

Driveway Finance Corporation (DFC) is a modern automotive lender and part of the Lithia & Driveway (LAD) family, one of the largest automotive retailers in North America and where we exemplify “Auto Done Easy”. DFC provides flexible, customer-focused financing solutions that support both retail and commercial clients. Our innovative approach combines technology with personalized service to simplify the vehicle financing experience. At DFC, we're driving the future of auto finance!

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

Compensation Range: $36,000-$55,000, with a typical starting range of R$48,000- $52,000 Actual pay offered may vary depending on skills, experience, job-related knowledge, and physical location. Final compensation will be established through the interview process in accordance with applicable pay equity and transparency laws.

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

Skills and Qualifications

• 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

Competencies

• 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

We offer a comprehensive benefits package designed to support you and your family, including:

• Paid Holidays & PTO
• Short and Long-Term Disability
• Paid Life Insurance
• Lithia Learning Center
• Vehicle Purchase Discounts
• Wellness Programs

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job.*

• Up to 1/3 of time: standing, walking, lifting up to 25 pounds
• Up to 2/3 of time: sitting, kneeling, reaching, talking, hearing

*Reasonable accommodations may be made to enable individuals to perform the essential functions.

NOTE: This is not necessarily an exhaustive list of responsibilities, skills, or working conditions associated with the job. While this list is intended to be an accurate reflection of the current job, the company reserves the right to revise the functions and duties of the job or to require that additional or different tasks be performed.

High School graduate or equivalent, 18 years or older required. We are a drug free workplace. We are committed to equal employment opportunity (regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status). We also consider qualified applicants regardless of criminal histories, consistent with legal requirements.