Loan Officer - Auto Finance

Loan Officer - Auto Finance

Westlake Financial is the largest privately held auto finance company in the Nation. We are committed to growing and strengthening our organization by hiring the people that make Westlake World (our culture) what it is. Through hiring the best fitting applicant and supporting our people in further developing their skills, we transition our Applicants into Westlake Warriors (our people).

With 30% YOY growth and assets of 2.26 Billion, we are always looking to acquire talented individuals as we expand our presence in the Auto Finance Industry. Westlake Financial believes in PEOPLE with the PURPOSE and PASSION to assist our more than 22,000 dealer partners throughout North America.

Why Join Westlake Financial? Westlake Financial is a leader in the auto finance industry, providing innovative and flexible lending solutions to our clients. We value our employees and offer opportunities for growth, a dynamic work environment, and a commitment to diversity and inclusion. If you're passionate about helping people achieve their financial goals and enjoy working in a collaborative, high-energy environment, we'd love to have you join our team.

Job Summary Westlake Financial Services is seeking a dedicated and results-driven Loan Officer to join our Auto Finance team. As a Loan Officer, you will play a critical role in our lending process, working closely with car dealerships and clients to assess and approve auto loans. You will be responsible for evaluating loan applications, making informed lending decisions, and providing exceptional customer service to help clients achieve their vehicle financing needs.

Key Responsibilities

• Loan Origination : Review and process auto loan applications, ensuring they meet company and regulatory requirements.
• Application Analysis : Analyze applicants' financial backgrounds, credit histories, and other relevant information to assess risk and determine loan eligibility.
• Decision Making : Make loan approval or rejection decisions based on financial data, risk analysis, and company guidelines.
• Relationship Management : Build and maintain strong relationships with car dealerships, providing guidance on Westlake Financial Services' loan products and criteria.
• Compliance and Documentation : Ensure all loan files comply with state and federal lending regulations, complete all necessary documentation, and update loan records accurately.
• Customer Support : Provide excellent customer service to clients by addressing inquiries, assisting with loan requirements, and offering financial guidance.
• Sales Collaboration : Work closely with the sales team to maximize loan opportunities, support marketing initiatives, and promote our products to new and existing clients.
• Reporting : Regularly report on loan performance, application volume, and approval / decline rates to provide insights and support business objectives.

Requirements

Preferred Qualifications

Compensation Plan

The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure when applicable.

Full Time Benefits

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.