Retail Banking Executive - Auto Loan 03D25

A Retail Banking Executive specializing in Auto Loans plays a crucial role in the banking sector by developing, implementing, and managing strategies that aim to boost auto loan sales and maintain customer satisfaction. This position demands a strong understanding of the automotive and banking markets, as well as the ability to engage effectively with customers and stakeholders. The executive will be responsible for overseeing the entire auto loan service, from application through approval and closing, ensuring compliance with regulations and policies. This role requires an innovative thinker who can drive results while maintaining the bank’s integrity and customer-centric approach. Communication skills, analytical capabilities, and a good grasp of financial products are essential for excelling in this role.

Responsibilities

• Develop and implement strategies to increase auto loan sales efficiently.
• Build and maintain strong relationships with automotive dealers and brokers.
• Ensure compliance with banking regulations and all loan policies consistently.
• Oversee the preparation and review of loan applications for approval.
• Analyze market trends to identify and act on new opportunities for growth.
• Collaborate with marketing teams to design outreach campaigns for prospects.
• Provide training to staff to enhance their understanding of auto loan products.
• Manage and resolve customer issues related to auto loans professionally.
• Review and optimize loan processing procedures to enhance efficiency.
• Prepare periodic sales and performance reports for senior management reviews.
• Facilitate communication between borrowers and underwriters to resolve issues.
• Participate in community events to promote the bank's loan services program.

Requirements

• Bachelor's degree in Finance, Business, or a related field is required.
• Minimum of three years of experience in retail banking or financial sales.
• Strong knowledge of auto loan products and related regulations needed.
• Exceptional communication and interpersonal skills to interact with clients.
• Proven track record of developing and achieving sales targets efficiently.
• Ability to analyze financial data and market trends accurately and quickly.
• Proficiency in using financial software and Microsoft Office applications is essential.