Walser Automotive Group

Funding Specialist

Bloomington, MN
Mar 28, 2012
Apr 27, 2012
Employment Status
Full Time

Requisition Number: 12-0097

Post Date: 3/28/2012

Title: Funding Specialist

City Bloomington, MN
Work Hours: Combination of Days/Eves/Saturdays Description

The Walser Automotive Group is searching for a detail oriented Funding Specialist.   As a Funding Specialist, you will prepare, process, ship, and follow up on deal paperwork.The Walser Automotive Group is searching for a detail oriented Funding Specialist.   As a Funding Specialist, you will prepare, process, ship, and follow up on deal paperwork.

Responsibilities include, but are not limited to:

FS Activities prior to Sale:

  • Pull Credit
  • Screen customer against OFAC list for finance and cash buyers
  • Obtain out of state titling/tax info as needed
  • Load deal in R&R or check sales departments accuracy
  • Locate trade title/ensure proper signatures & lien release information
  • Verify payoff information
  • Calculate debt to income
  • Verify equipment/miles on vehicle to guarantee proper book out
  • Book out vehicle/locate invoice
  • Print all documents for CEM
  • Turn all documents over to CEM for final review and presentation

FS Activities After the Sale:

  • Manage contracts in transit to ensure proper cash flow
  • Process RDR for all new vehicles on a daily basis
  • Seek out missing titles from past vehicles traded in
  • Assist with collection on bounced checks written to dealership
  • Collection of lender stipulations including but not limited to: proof of income, proof of residence, proof previous loan paid off, copy of divorce decree, proof of paid judgment.
  • Assist in collection of manufacturer rebates
  • Obtain gift letter as needed
  • Obtain death certificate as needed
  • Monitor inventory forms levels, (State, WAG, product, credit applications) order new ones when necessary
  • Fax and mail Equity Drivers sold
  • Print recap for each deal
  • Print invoice for each deal
  • Photocopy all forms for bank for each finance deal
  • Break down forms and package deals for banks with all stipulations
  • Print FedEx labels and deliver packages to delivery area
  • Submit unapproved applications to credit center as necessary
  • Manage Dead Deal file for mandatory compliance
  • Send out Adverse Action letters to all customers who applied for credit and didn’t receive what they applied for
  • Maintain an adequate and current supply of all required contracts and paperwork needed for completion and finalization of car deals
  • Prepare reports on finance penetration as requested


Monday  7:30am-4:00pm

Tuesday  7:30am-4:00pm

Wednesday  12:30-9:00pm

Thursday  7:30am-4:00pm

Friday  7:30am-4:00pm

Saturdays – You will work Saturdays on a rotating basis

Flexibility is essential as you may work more weeknights if incentive-end and/or month-end happens to fall on a night other than Wednesday (your regular closing night).


$30,000-40,000 annually DOE


Minimum Requirements:

  • Valid driver’s license in state of residence and good driving record
  • Must have excellent computer skills (Intermediate to Advanced MS Office, including Excel)
  • Strong verbal and written communication skills
  • Customer service mentality.  2+ years prior customer service experience
  • High aptitude for manipulating numbers along with an eye for detail
  • Must work well under pressure and be an efficient multi-tasker
  • History of promptness and reliability required
  • Ideal candidate will have a friendly up-beat attitude and be a team player

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