Funding Administrator

Funding Administrator

Loan Center, dba Westlake Direct is an affiliate of Westlake Financial Services, a company with 30% YOY growth and assets of 15 billion, we are always looking to acquire talented individuals as we expand our presence in the Auto Finance Industry. Westlake Financial Services believes in PEOPLE with the PURPOSE and PASSION to assist our more than 22,000 dealer partners throughout North America.

Our Funding Administrator is an individual with the vision and dedication needed to oversee and develop Funding activities. Our Funding Administrator role is a challenging and dynamic position with opportunity for advancement. As a Funding Administrator with Westlake Direct, LLC dba LoanCenter, you will be ensuring a seamless completion of the loan Funding Process. The successful Funding Coordinator will work closely with Loan Officers, Credit Analyst and Management to oversee daily Funding activities.

If you're currently working in a dealership's business office or in any administrative role, a junior accountant, billing specialist, or office manager we want to hear from you! While you may not have direct experience as a Funding Administrator, your attention to detail, organizational skills, and ability to manage paperwork and deadlines translate perfectly into this role. We've found that people with strong administrative or accounting backgrounds thrive in funding because they already excel at reviewing documents, ensuring accuracy, and keeping processes running smoothly.

Duties, tasks, responsibilities include :

• Thoroughly review loan documentation to ensure accuracy and adherence to Westlake Direct's credit policy.
• Verify completeness of all necessary documents and information.
• Collaborate with Loan Officers and Credit Analysts to resolve any discrepancies or missing information.
• Communicate with internal and external stakeholders to facilitate a smooth Funding process.
• Ensure timely and accurate disbursement of funds to Lienholders and Dealers.
• Conduct quality control checks on loan files to identify and rectify errors or discrepancies.
• Address and resolve any issues that arise during the Funding process promptly and efficiently.
• Implement improvements in the Funding workflow.

Knowledge, skills, licenses :

Strong verbal and written communication skills.

Excellent attention to detail and organizational skills.

Working knowledge of online meeting tools (Teams, Zoom).

Comfort and skill with working with all levels of the organization.

Ability to work collaboratively in a fast-paced team environment.

Strong computer skills and adaptability to new technology.

Education :

Bachelor's degree (B. A.) from four-year college or university, preferred.

Experience :

Automotive and Finance Experience; beneficial.

Previous Loan Funding or Underwriting Experience; beneficial.

Knowledge of Microsoft office (excel, word, outlook, PowerPoint); required.

Knowledge of Web Applications; beneficial.

Knowledge / Experience with the use of DealerTrack, Routeone, or CUDL; beneficial.

Schedule :

Full-time

Physical demands :

None

Supervisor responsibilities :

None

Confidential data :

Employee Information

Pay rate : What's our pay plan?

Self-determined, performance-based compensation package

$45,000.00 - $70,000.00 annual average range

Base pay of $3,636.53 per month. $20.98 base rate plus monthly bonus opportunity of approximately $2,000.00

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

Benefits : What do we offer?

Medical, Dental, and Vision benefits

Life Insurance and Long-term disability plans

Flexible Spending Account

401K matching

Employee Stock Ownership Program in a $18.2 Billion Company, plus company matching

Wellness Programs

Metro Tap Card and Metro-link Reimbursement (for Los Angeles, CA employees only)

Career Path Opportunities

Discounts on Parks, Museums, Movie Tickets, and Attractions

Annual Flu Shot

Paid Vacations Days

Paid Sick days

Paid holidays

HGym (available in our Los Angeles, CA & Dallas,TX office)

Rental Car Discounts, Dell Member Purchase Program

UKG Wallet

Acknowledgments :

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.