At a Glance
- Tasks: Review automotive loan packages and ensure compliance for timely funding.
- Company: Driveway Finance Corporation, a leader in automotive financing.
- Benefits: Competitive pay, supportive team environment, and career advancement opportunities.
- Other info: Fast-paced role with opportunities for growth and learning.
- Why this job: Join a dynamic team and make a difference in the automotive finance industry.
- Qualifications: Attention to detail, strong communication skills, and proficiency in Microsoft Office.
The predicted salary is between 38700 - 47300 $ per year.
Review automotive loan packages in person at Driveway Finance Corporation in Toronto, using accuracy and strong communication to support timely funding.
As a Loan Processor I, you will ensure Lithia stores submit compliant packages under DFC standards and deadlines.
The work includes verifying employment and insurance, documenting activity in the loan origination system, identifying potential fraud, and serving dealers and borrowers by phone and email.
This position reports to the DFC Loan Funding Manager.
Key Responsibilities
- Review new deal packets within one business day
- Communicate funding delays promptly by phone and email
- Verify employment, insurance coverage, and borrower information
- Document communications in the loan origination system
- Manage escalated or non-responsive deals professionally
Requirements
- Strong attention to detail and accuracy
- Ability to meet deadlines with urgency
- Excellent written and verbal communication skills
- Microsoft Office suite proficiency
- High school graduation or equivalent
Bring loan processing accuracy, compliance awareness, and customer communication skills to Driveway Finance Corporation in Toronto, Ontario.
Automotive Loan Processor – Toronto in Vaughan employer: Lithia & Driveway
Lithia & Driveway offers a dynamic work environment that values ambition and training, providing employees with industry-leading benefits and development opportunities. The company fosters a collaborative team culture where individuals can thrive and succeed, regardless of their background in automotive sales or customer service. With a focus on delivering best-in-class customer experiences, Lithia & Driveway supports its employees in achieving their career goals.
