Funding Specialist- Tier 1
BMWHilliardUpdate time: November 23,2021
Job Description

BMW Financial Services NA, LLC is one of the twenty-six worldwide subsidiaries of the Financial Services Division of BMW AG. Our momentum is moving at such a rapid pace that we continually exceed average international growth rates and we constantly create new opportunities for our employees worldwide. Be a part of our exciting growth by expressing interest in our Funding Specialist - Tier 1 position located at our Hilliard, OH office.


As the Funding Specialist - Tier 1, you will be responsible for supporting application processing and contract implementation risk by ensuring compliance with federal and state lending guidelines and by adhering to BMW Group Financial Services policies and procedures.

In this position, you will receive, sort and distribute all newly received customer contracts for the New Business department, review contracts and supporting documents to ensure that submissions are in the appropriate status for processing, and log and distribute all contracts received to ensure proper tracking and control. You will verify and validate all contract terms ensuring consistency in data quality and accuracy across all submitted documents and application processing systems, as well as confirm all necessary signatures have been obtained. You will also ensure that federal, state and internal compliance standards are met.

In addition, you will determine if the contract is ready to be booked or if it needs to be placed on hold. You will complete the booking process if no discrepancies exist, but if discrepancies are identified, you will determine if the contract can be funded with modifications including dealer settlement adjustment, modification letter or internal adjustment. You will book the contract if within policy and procedure tolerance or place others on hold and begin follow up.

Join the BMW Financial Services team and enjoy a high-performance benefits package which includes:

• Company paid medical, dental and vision insurance
• Employee car program
• 401(k) savings plan
• Retirement Income Account (RIA)

Even more so than the generous compensation and benefits, the culture and values of BMW Financial Services make it the ultimate working environment. These values include such things as, Responsibility, Respect, Trust, and Fairness. We allow these values to guide the way we conduct ourselves and our business.

 

What are you waiting for? Put yourself in the driver's seat of your career and apply for our Funding Specialist - Tier 1 position today!

Minimum Requirements:
High School Diploma

Preferences:
Bachelor's Degree
6-12 Months Financial Services experience
6-12 Months Automotive Industry experience
6-12 Months Retailer/Customer Facing experience

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