What are the responsibilities and job description for the Dealer Services Representative position at Westlake Financial?
Dealer Service Representative
Los Angeles, CA | On-site
POSITION SUMMARY :
The Dealer Service Representative is responsible for supporting loan origination by processing and preparing loan applications. This includes reviewing loan documentation, verifying applicant information, ensuring compliance with regulations, and facilitating the loan approval process. The ideal candidate should have strong attention to detail, excellent communication skills, and the ability to manage multiple tasks simultaneously.
Key Responsibilities :
- Loan Application Review : Review and verify loan application documents for completeness, accuracy, and compliance with company policies and regulatory requirements.
- Data Entry : Enter and update loan application data into the company's loan processing system.
- Document Management : Collect and organize borrower documentation such as credit reports, tax returns, bank statements, and other necessary materials.
- Communication with Borrowers : Communicate with borrowers and other parties to request missing or additional documents and clarify any discrepancies.
- Compliance and Regulations : Ensure all loan documentation is in compliance with state and federal regulations, as well as company policies.
- Collaboration with Underwriters : Work closely with underwriters to resolve any issues or additional requirements needed to approve the loan.
- Tracking and Follow-up : Track the status of loans in process, ensuring timely completion of all tasks and maintaining clear documentation of communications and actions.
- Quality Control : Review loan files to ensure accuracy and completeness before submission for final approval.
- Customer Service : Provide support to borrowers by answering questions related to the loan process and keeping them informed throughout the process.
Qualifications :
Work Environment :
Physical Requirements :
Compensation :
What benefits do we offer?
Acknowledgment
We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.
We are an equal opportunity employer and do not unlawfully discriminate in employment. No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and / or interview process should notify a representative of the organization.
Salary : $17