Join one of the top 20 auto finance companies in the industry and grow with us! We offer in-house promotions, great benefits, work-life balance, and job stability. If you're looking to work for a rewarding company that likes their employees to learn and grow, then partner with Lobel.
The Loan Processor position 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.
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
Knowledge of industry standards
Experience reading credit reports
Meticulous attention to detail
Experience underwriting loans
Proficient in Microsoft Office
Statistics and mathematical skills
Strong organizational and problem solving skills
High school diploma or its equivalent
May require 0-1 year of general work experience
401K with company match
Medical, dental and vision
Optional life insurance
Paid vacation and sick days
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.