Retail Vehicle Loan Officer - MNC Automobile Company - Mumbai Location

 Date of Job Post: 20th September, 2012

Designation: Officer/Sr Officer - Retail Finance (Vehicle Loan Officer)

Job Description:  The Retail Finance Office makes or structures car deals for clients with sub prime credit that fall outside the conventional system, in compliance with special finance lender guidelines and auto dealership policy, resulting in quick funding, and a high level of customer satisfaction.

Responsibilities include the following:

• Know and implement dealership polices and procedures.
• Maintain a clean and organized office.
• Communicate all problem deals to managment immediately.
• Address missing stipulations communicated from lender immediately.
• Adhere to a standard of professional ethics and be respectful to customers.
• Be knowledgeable of state regulations regarding finance and the fair credit reporting act.
• Interact with appropriate departments.
• Train and supervise sales staff.
• Structure deals in accordance with lender and dealership guidelines.
• Never intentionally misrepresent a deal.
• Book out deals accurately. Never misrepresent equipment.
• Perform credit interview, prepare credit application.
• Verify accuracy of all material information on the credit application and submit to lender.
• Maintain confidentiality of customer information.
• Disclose financial information to customers.
• Sell credit insurance and service contracts.
• Maintain good lender relations.
• Maintain a lender guide of programs you are currently using and obtain a working knowledge of them.
• Evaluate new lender programs.
• Rehash deals with lenders. Work all deals diligently.
• Maintain current inventory log and make recommendations to management.
• Help move old inventory.
• Maintain a call-in log and contracts in transit log (funding package).
• Train administrative personnel how to assemble funding packages.
• Review funding packages prior to mailing.
• Show and demo vehicles when necessary.
• Design and place advertising for special finance.
• Analyze credit reports, be able to recognize a conventional deal and turn over accordingly.
• Properly cost special finance deals (prepare profit sheets).
• Receipt deposits immediately.
• Maintain followup files for inactive deals.
• Prepare weekly and monthly reports as requested by management.

 Requirements

Male candidates having passed Graduation (preferably Bcom/Mcom/BBA streams) with 1-2 years of experience in auto industry in similar capacity, with expert knowledge of vehicle Loan processes

Pay

Rs.8,000 to Rs.10,000 per month.

Pl email your cv with all the information below to careerconnect.neha@gmail.com 

Email subject should be: Retail Finance Officer - MNC Automobile Company, Malad (w) location, Mumbai

Pl fill this up, or we won't be able to process your cv. Also attach a passport size picture in the email, & pls do not forget to attach your cv.

Name:
Mobile No:
Email Address:
Current Company:
Current Designation:
Current ctc (Annual & Monthly Salary both):
Current Job Profile:
Current Industry:
Current Residence Location:
Highest Academic Degree:
Experience in Vehicle Loans (Yes/No) & if Yes then (in years):
Total years of overall experience:
Reason for leaving current job:
How soon can you join if selected?:

Regards,

HR Interface Corporate Services
Recruitment Par Excellence
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