Dealer Inventory Examiner - Salt Lake City

About the position

The Dealer Floor Plan Examiner role will be responsible for performing floor plan audits, which evaluate the collateral for these new auto floorplan loans in-order to assist in preventing losses. The individual will perform timely audits of dealership inventory and related dealership records and keep National Dealer Commercial Services management properly informed. This is not a work from home position. The role will be based out of Salt Lake City (SLC) area which will include traveling to surrounding states.

Responsibilities

• Prepare management reports based on the following responsibilities.
• Physical inspection of the Bank's vehicle collateral; noting condition, if necessary and changes in status.
• Audit of dealership records to identify sale, cash receipt and finance information needed to analyze the customer's compliance in-regards to the Bank's loan policy.
• Reconciliation of inventory which is not seen, or identified as sold, and noting its likely location based on the dealership's internal documentation.
• Reconcile Dealer exceptions appearing on the audit listing in-order to assist the customer and Dealer Operations.
• Observe the overall condition of the dealership operation and report to management any unusual items or areas of concern.
• Serve as primary liaison between the Bank and the customer. Provide quality customer service while interacting with the owners and operators of the auto dealerships.
• Generate computer reports detailing audit results which are distributed to management and serve as the basis for credit decisions.
• Review and educate Dealer personnel on Bank audit reports and other Bank generated documents that can be used as a tool for the customer.
• Schedule and coordinate multiple concurrent audits while traveling extensively and complying with credit policy frequency standards.
• On-going communication with Loan Group and Credit Administration.
• Train new lenders on the overall floor plan audit product.
• Consult with the Loan Group regarding irregular audit results, changes in Dealer management and maintain on going communication for high-risk audits.
• Assist in the investigation and management of problem credits.
• Participate in special projects and requests by the Loan Group.
• Assist with training of new Dealer Audit employees.
• Assist Floorplan manager and ADFA manager with lease audits.

Requirements

• High school diploma or general education diploma (GED)
• Ability to visit different customer sites daily
• Willingness to be outside 2-4 hours per day inputting VIN numbers

Nice-to-haves

• 2 years of experience in banking or financial services industry
• 1 year of experience in inventory auditing/management
• 1 year of experience in Auto industry
• High self-organizational skills
• Strong interpersonal skills

Benefits

• Comprehensive Total Rewards package designed to recognize and reward individual performance
• Health and welfare programs
• Strong retirement benefits
• Generous paid time off programs
• Medical, dental, and vision benefits
• 401(k) and pension
• Income protection benefits such as life insurance, AD&D, and supplemental health programs
• Variety of time off programs for vacation, sick time, disability, and parental leave