Job Description

The Auto Loan Processor is responsible for reviewing loan packages to ensure all aspects of the underwriting process has been properly completed and adhere to company policies and underwriting guidelines. The Loan Processor evaluates the information on the loan application against various lending standards to determine if the loan applicant should receive the loan amount requested.

Other duties might include performing a risk analysis, including a detailed credit analysis of the borrower to determine loan approval based on company standards. The successful candidate evaluates and analyzes the financial portfolio, collects, and verifies that all stipulations and documentation is in place, and prepares the loan for final review. This position reports to branch management.

BASIC RESPONSIBILITIES

• Negotiate underwriting assignments
• Screen applicants on the basis of set criteria
• Weigh risk and determine underwriting alternatives
• Work with management to obtain approvals
• Keep apprised of industry standards
• Collect and verify all stipulations and documentation
• Communicate with dealer and branch team
• Prepare loans for final review
• Complete processes in a timely manner and keep detailed records
• Read and analyze credit reports
• Correct inaccurate information
• Ability to develop and maintain strong business relationships
• Ensure all loan applications are complete and meet company policies and procedures

SKILLS & QUALIFICATIONS

• Bilingual English / Spanish
• Analytical skills
• Knowledge of industry standards
• Numeracy skills
• Experience reading credit reports
• Meticulous attention to detail
• Experience underwriting loans
• Proficient in Microsoft Office
• Sensible judgment
• Statistics and mathematical skills
• Data preparation
• Strong organizational and problem solving skills
• High school diploma or its equivalent
• May require 0-1 year of general work experience
• Compensation: DOE

COMPANY BENEFITS

• 401K with company match
• Medical, dental and vision
• Optional life insurance
• Paid holidays
• Paid vacation and sick days

COVID-19 CONSIDERATIONS: All employees required to be vaccinated and wear mask while at the facility.

Company Description

Lobel Financial is a full-spectrum auto financing solution that specializes in the acquisition and servicing of prime to sub-prime motor vehicle retail installment contracts. We are head quartered in Southern California and have branch offices coast-to-coast. Employees choose Lobel because of the work-life balance, positive company culture, reward system, benefits and flexibility. If you are an employee and you want to work with a company that is consistently growing, offers competitive salaries and benefits, promotes their employees, and provides a stable work environment, then you've found it with Lobel.