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Associate Underwriter

Westlake Financial Services

Associate Underwriter

Los Angeles, CA
Full Time
Paid
  • Responsibilities

    Job Description

    POSITION SUMMARY:

    Responsible for processing and analyzing dealer applications. Will be part of the Underwriting

    team and be responsible for making recommendations for approval or decline based on the

    analysis of the Dealer Applicant’s data. Flooring is currently looking for an Underwriting Associate

    to assist with our Underwriting process.

     

    ESSENTIAL DUTIES AND RESPONSIBILITIES:

    • Verify and input dealer application data
    • Conduct public searches to investigate dealer applicant and dealership
    • Requests additional stipulations needed
    • Requests necessary corrected documents needed in order to fund deal
    • Makes necessary corrections to information entered
    • Forward complete and correct application and stipulations
    • Make recommendation for approval or decline with proposed terms

     

    ESSENTIAL KNOWLEDGE, SKILL & LICENSES:

    • Bachelor’s Degree
    • Typing 30 plus words per minute
    • 10-Key
    • Basic computer knowledge and Microsoft Suite exposure

     

    EDUCATION AND/OR EXPERIENCE:

    • Knowledge of modern office practices and procedures
    • Ability to analyze income
    • Ability to add, subtract, multiply and divide
    • Ability to understand and comply with company set guidelines
    • Ability to problem solve

     

    MACHINES, OFFICE EQUIPMENT & SOFTWARE:

    • Microsoft Office

    • Microsoft Outlook

    • Calculator

    • Microsoft Excel (basic)

     

    Company Description

    People. Purpose. Passion. These are the hallmarks of Westlake Financial Services and have been since our inception in 1988. Westlake specializes in prime to sub-prime automotive financing, helping car dealerships do what they do best: sell cars. Our unique credit approval software (known as "The Buy Program ©"​) allows dealers to get an on-the-spot loan approval without waiting for callbacks, fax-backs, or rehashes. Westlake Financial Services is an Internet-based, privately held finance company that specializes in the acquisition and servicing of sub-prime and non-prime automotive retail installment contracts. Headquartered in Southern California, Westlake originates indirect retail installment contracts through a network of 21,000 new and used car dealers throughout the United States. All collections and servicing are performed in-house from its central facility located in the Mid-Wilshire area of Los Angeles. Westlake's success didn't just happen overnight. It took years of hard work, cultivation, and smart intuition to get to where we are today. Not content to rest on our laurels, Westlake continues to build and refine, always keeping our dealers and customers in mind.

  • Industry
    Financial Services