Dealer Administrative Rep

Job Description:
Job Summary:

A Dealer Administrative Representative (DAR) is a front line employee who provides financial services to customers (dealers/auctions) within a specific geographic area. Through frequent, direct contact with customers, DARs complete a variety of administrative and customer service tasks aimed at increasing revenues and minimizing losses. The DAR must develop competence in the technical aspects of loan processing (floorplanning) and securing and monitoring loans.

Responsibilities and Duties:

1. Administer Dealer Contracts, including Process Credit Applications; Temporary Increases; Submit Over Line Requests; Line Modifications and Term Changes; Add or Remove Signor Name, Entity and Address Changes; Conduct Annual Reviews of Dealers; Termination of Floorplan.
2. Develops a thorough understanding of AFC policies, processes and procedures relative to loan processing (floorplanning) and securing the loans.
3. Uses spreadsheet and other automated or manual processes to prepare required documentation and reports.
Core Elements:
1. Uses automated or manual processes to monitor dealer transactions, apply payments from dealers, account for property used to secure loans, and to document business activities (i.e. over credit line).
2. Communicates potential loss situations to Branch Manager as soon as identified. Assists in efforts to take possession of vehicles or other property used to secure loans and acts as AFC's agent/representative in legal matters, as required.
3. Understands the applicable laws and codes for their assigned geographic area and operates in compliance with them.

Job Qualifications:

Education: Some post high school course work in related field is preferred, not required.

Experience: Prior work experience in financial services industry is preferred, not required.

Knowledge and skill: Familiarity with concepts, procedures and processes typically used in automotive and financial services industries. Good organizational, clerical and verbal communication skills. Facility with numbers.

Licenses, certifications: Motor vehicle operator (required); notary (desired)

Searchable Keywords: Dealer Administrative Rep / gj-mo

Expected Travel Time: None