
Loan Specialist Sales - Remote
- USA
- $36,000-70,000 per year
- Permanent
- Full-time
- Six (6) figure earning potential with hourly/salary plus uncapped commissions. Average Loan Specialists are pacing at $70-80k per year with top performers exceeding $150k+ per year, which is uncapped and has no ceiling
- This position starts as an hourly based position ($17.31/hour) and includes overtime pay along with a higher per deal commission plan for the first three full months to allow for ramp up time with great earning potential during your learning period
- On the first day of the fourth full month Loan Specialists move to salary on the standard commission structure based on a tiered system for overall revenue and product sales
- On top of uncapped commissions, the better you perform the more leads you are provided, greatly increasing your earning potential
- 5-weeks of training- 8-5 PM in Mountain Standard Time.
- Paid time off and paid holidays
- 401K with company match
- Health, dental, vision, life and disability insurance options
- Customer Engagement: Interact with customers to understand their needs and provide tailored auto finance and refinance options. Provide exceptional customer service, addressing inquiries and resolving any issues promptly and professionally.
- Loan Processing: Facilitate the loan application process from start to finish, ensuring all required documentation is accurately completed and submitted, while working with supporting departments
- Daily achieving 60+ outbound phone calls, 3 to 5 hours of talk time with texting and emails
- Product Knowledge: Maintain a deep understanding of our products to effectively offer and explain additional options to customers.
- Develop sales skills to effectively present benefits of loan options and sell additional products
- Manage expectations and overcome objections with a consultative sales approach.
- Work within our lending partners' guidelines.
- Walk customers through document signing, collecting necessary stipulations, consistent follow up until loan has funded.
- Quality assurance of all work through provided tools - lender information, state information, documentation, notation, checklists, etc.
- Collaboration: Work closely with other team members and departments to ensure a seamless customer experience.
- Compliance: Adhere to all regulatory and company policies to ensure compliance in all loan processing activities.
- Effectively manage and maintain an organized pipeline.
- Additional duties as required.
- Customer Service Excellence: Whether it’s behind the bar or at the front of a restaurant, providing top-notch service is second nature.
- Automotive Industry Savvy: From dealerships to repair shops, understanding the fast-paced nature of the automotive world is a valuable skill.
- Call Center Expertise: Managing high-volume calls with patience and efficiency is a testament to a candidate’s resilience and communication prowess.
- Sales Acumen: A history of sales-oriented roles demonstrates a candidate’s ability to persuade and meet targets effectively.
- Education: High school diploma, or equivalent required. Associates or bachelor’s degree preferred.
- Language/Communication/Interpersonal: Ability to speak read and write fluent English. Strong verbal and written communication skills, with an emphasis on communication of channel operations. Ability to effectively communicate with all levels of the company. Ability to establish and maintain effective working relationships and objectively coach associates and management through complex issues. Excellent presentation skills.
- Math Skills: Basic computation skills
- High Level of Organization: Managing your time, energy and workspace well and can accomplish all your assigned tasks successfully before end of day.
- Analytical: Detail-oriented with the ability to organize, prioritize, and work independently. Strong reasoning and critical thinking skills.
- Reasoning Ability: Ability to apply common sense understanding to carry out detailed but uninvolved written or oral instructions. Ability to deal with problems involving concrete variables in standardized situations.
- Technical: Proficient with Microsoft Office and Teams, with intermediate Excel ability. Ability to navigate multiple systems and platforms. Experience with CRMs preferred.