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Automotive Finance Associate

2 months ago

Brampton, Ontario, Canada OPENLANE Full time

About Us:

At OPENLANE, we empower independent car dealers to succeed in the automotive finance industry. Our company provides innovative finance solutions that free up cash flow, allowing dealers to focus on building their business. With over 35 years of experience, we've established ourselves as a trusted partner in the industry.

Our Core Values:

Elevating Partnerships. We foster strong relationships with our customers, celebrating their successes and supporting their challenges.

Driven by Passion. We believe that passion is the driving force behind our success, and every achievement is built on the commitment and perseverance of our team members.

Forward-thinking. We look ahead to the bigger picture, ensuring our customers are prepared for the future.

Dedicated to Excellence. We demonstrate value and appreciation by recognizing and validating each other's efforts, striving for excellence in everything we do.

We're Seeking:

A team member who will complete a variety of loan processing tasks in support of our customers within an assigned geographic area. This person must develop competence in the technical aspects of loan processing (floorplanning) and administration. The ideal candidate will have strong problem-solving skills, excellent listening skills, the ability to work in a fast-paced environment, and process high volumes of documents with a strong attention to detail.

Your Responsibilities:

  • Develop a thorough understanding of our company's policies, processes, and procedures relative to loan processing (floorplanning).
  • Ensure attention to detail and compliance with risk mitigation concerns.
  • Process and manage auto titles, including receiving, scanning, filing, sending, and tracking.
  • Communicate across the organization and/or management to resolve issues.
  • Apply payments and process daily deposits.
  • Complete lienholder direct pays and non-auction purchase processing.
  • Notify appropriate team members of document-related issues or concerns.
  • Understand and operate within compliance of all applicable laws and codes for their assigned geographic area.
  • Perform other duties as assigned.

Background Qualifications:

  • One (1) year of relevant experience is preferred.
  • Familiarity with concepts, procedures, and processes typically used in automotive and financial services industries is desired but not required.
  • Preparation or review of documents and reports using Microsoft Office-based products, customer relationship management (CRM) tools, and internal work queues are major components of the position.
  • Good organizational and verbal communication skills are required.
  • Must have intermediate proficiency in Google Products.
  • Occasional local travel may be necessary; must have a valid driver's license.