Sr. Dealer Lending Specialist at Blue Ridge Bank National Association

Luray, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

06 May, 26

Salary

0.0

Posted On

05 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Collections Experience, Analytical Skills, Math Skills, Organizational Skills, Customer Service Skills, Dealer Lending Processes, Oral Communication Skills, Written Communication Skills, Attention to Detail, Loan Underwriting Knowledge, Loan Processing Knowledge, Teamwork, Independence

Industry

Banking

Description

Description Job Summary The Sr. Dealer Lending Specialist supports the Dealer Lending Manager and performs crucial lending support tasks in compliance with the company's financial policies and procedures. Working under general supervision, the Sr. specialist helps in solving simple to complex financial issues utilizing a basic understanding of the function and structure of the organization. The primary focus of this role is supporting the lending department in various tasks to ensure a smooth transactional process. This position is responsible for receiving customer calls for inquiries, past due payments and general questions about their accounts. This role is to provide direct support to the Dealer Lending Department and to provide customer service to dealer customers. Responsibilities · This position will be responsible for receiving customer calls for inquiries, past due payments and general questions about their accounts. · Prepare welcome letters for new dealer loans. · Prepare paid note letters, retrieve loan documents from Luray Vault, release titles on DMV E-lien website and out of state paper title/certificate. · Assist with insurance payoff letters and GAP insurance claims. · Prepare denial letters. · May prepare judgements and court collection documents. · Process loan applications and evaluate loan products that best suit dealer needs. · Develop and maintain strong relationships with dealers, occasionally visiting their locations. · Participate in preparing loan reports and maintaining accurate loan records. · Work with different departments to troubleshoot routine financial problems and provide suitable solutions. · Understand and adhere to all state and federal regulations relating to loan origination and servicing. · Assist in preparing and presenting loan proposals to the approval committee. · Perform other duties in the lending department as assigned. Skills · Collections experience · Demonstrate strong analytical and math skills, organizational skills, and customer service skills. · Excellent understanding of dealer lending processes and products. · Superior oral and written communication skills with a strong focus on attention to detail. · Basic knowledge of loan underwriting and processing procedures. · Ability to work well in a team and independently as needed. Requirements Education A Bachelor's Degree in Finance, Business Administration or a related field is preferred or commensurate with experience. A manual dexterity is required in the usage of office and banking software. Job Tasks · Processing loan applications from dealers and customers to ensure timely loan grant. · Managing loan records to ensure accuracy and compliance with government and organizational policies. · Promoting the organization's lending products and services to the dealership network. · Maintaining confidentiality of private and sensitive information at all times. Software Application Basic knowledge of common banking software applications including lending and loan origination systems, document management systems, and Microsoft Office Suite (i.e., Word, Excel, PowerPoint, and Outlook). Years of Experience · Between 3-5 years of experience in banking, finance, dealer lending or a related field. Prior experience in a lending role is preferable. · Understanding of loan underwriting and processing procedures is necessary.

Responsibilities

The Sr. Dealer Lending Specialist is responsible for supporting the Dealer Lending Department by handling customer inquiries, processing loan applications, and maintaining accurate loan records. This role also involves developing relationships with dealers and ensuring compliance with financial policies.