2+ years of work experience at an auto lender, preferably in a funding department., Strong attention to detail and ability to work independently., Excellent prioritization skills and a compliance mindset., Ability to collaborate effectively across various departments..
Key responsabilities:
Review and approve customer loan applications for compliance with company policies.
Investigate and reject applications that do not meet origination requirements.
Communicate with the Sales team regarding application quality and necessary corrections.
Meet monthly production metric targets for the Funding department.
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Lendbuzz is an AI-based auto finance platform that helps consumers obtain fair access to credit when purchasing a car. Powered by alternative data and machine-learning algorithms, Lendbuzz can assess the creditworthiness of consumers whose credit scores range from good to non-existent—a group totalling some 100 million people—yet despite their massive numbers are underserved by traditional loan processes. Lendbuzz supports the success of their dealership partners through consumer loans that help those dealers reach a more diversified client base, together with competitive floorplanning options that help them grow their businesses. Lendbuzz is headquartered in Boston, Massachusetts and was founded in 2015.
At Lendbuzz, we believe financial opportunity should be more personalized and fair. We develop innovative technologies that provide underserved and overlooked borrowers with better access to credit. From our employees to our dealers, partners, and borrowers, we’ve built a company and a culture around a resolute belief in the promise and power of diversity. We value independent and critical thinking.
We are hiring a Financial Operations Specialist to join the Lendbuzz team! This role is responsible for reviewing and approving loans for financing, a critical function in our underwriting and loan originations process.
Key Responsibilities:
Review customer loan applications for compliance with Lendbuzz's policies, programs, and guidelines
Investigate and reject customer loan applications that do not meet origination requirements
Approve customer loan applications that do meet origination requirements for loan financing
Request additional information from the Lendbuzz Underwriting or Lendbuzz Sales teams when appropriate
Communicate real-time with the Lendbuzz Sales team regarding customer loan application quality, with feedback conveyed to car dealerships on any corrections needed
Escalate customer loan application exception decisions to management when appropriate
Meet monthly production metric targets set for the Funding department
Requirements:
2+ years of work experience at an auto lender, preferably in a funding department (but not required)
Must be able to work independently and have extreme detail orientation
Must have a compliance mindset
Must have excellent prioritization skills
Must be a team player and able to collaborate across several departments and organizational levels
We believe:
Diversityis a competitive advantage. We celebrate our differences, and are better when we have a variety of experiences, viewpoints, and backgrounds.
Compassionis a strength. We care about our customers and look to build long-term relationships with them.
Simplicityis a key feature. We work hard to make our forms and processes as painless and intuitive as possible.
Honesty and transparency are non negotiable. We incorporate these traits in all of our interactions.
Financial opportunity belongs to everyone. We work every day to improve lives by extending this opportunity.
If you believe these things too then we would love to hear from you!
Required profile
Experience
Industry :
Financial Services
Spoken language(s):
English
Check out the description to know which languages are mandatory.