Loan Consultant - Remote

We anticipate our next hiring class to start in late July 2024. 

Who We Are:                                                                                                                      

Auto Approve is a fast-growing, multi-million-dollar fintech organization. We are disrupting the way people pay for their cars and trucks. Our average customer saved $100 per month refinancing with us and it doesn’t cost them anything out of pocket – they sign and save. Auto loans are complicated, confusing, and too costly. Auto Approve makes it simple for our customers to save money and enjoy life more. With the help of our private equity backers, we are revolutionizing the auto finance industry. 

In 2023, we crossed the $3B loan milestone, helping over 100,000 customers refinance loans; putting more money back in their pockets for things that matter the most. For the past two years, Auto Approve was recognized on Inc. 5000’s list of Fastest Growing Private Companies.

We have even bigger goals and growth in mind for 2024, and Loan Consultants will have an opportunity to grow personally and professionally and have a direct impact in helping Auto Approve achieve our aggressive growth goals into the future.

We offer a full suite of medical benefits (including dental, vision, pet insurance, and more) and generous PTO and paid holidays. The Loan Consultant will join our rapidly growing remote Loan Consultant team. The hours of the job are from Monday - Friday, 9AM to 6PM CST. 

What You’ll Do:

Auto Approve brings in all the leads, quote requests, and phone calls. All our customers contact us to save money on their auto loan. As a Loan Consultant (LC), you will be handling only warm leads and will not have to do any prospecting and/or cold calling. Auto Approve ensures that LCs are set up for success with a robust paid training program lead by Andy Lam, Auto Approve's Sales Enablement Manager. This role is Base Salary + Commission, and our top Loan Consultant earned >$100,000 last year by helping customers refinance their cars.

The Loan Consultant is responsible for following up with our customer leads and facilitating the communication between the potential customer and the lending institution. The LC provides the customer with refinancing options, informs the customer about additional ancillary auto protection products we offer, and collects the necessary documentation to fund the loan. 

The role’s day-to-day duties include (but are not limited to):

• Following up on all warm leads via telephone, text messaging, and e-mail communication and averaging 5+ hours of talk time daily
• Interviewing and verifying customer provided information 
• Assisting customers by facilitating their auto loan refinance with our lending partners 
• Selling the refinance options, along with GAP and Warranty
• Meeting pre-determined goals established by management 

What You’ll Need:

• 2 + years of experience in a sales-based and/or or metrics-driven work environment required.
• Ability to be on the phone for 5+ hours daily required. 
• Basic computer skills required.
• Proficiency in MS Office products (Outlook, Word, Excel, PowerPoint) required.
• Experience in call centers, credit unions, collections, and/or retail preferred. 
• Proven success meeting or exceeding metrics while working remotely preferred.

Position Type/Expected Hours of Work: This is a full-time position.  Days and hours of work are variable and based on business need. Evening and weekend work may be required as job duties demand.

Physical Requirements: This position is indoors. Must be able to sit at a computer terminal for an extended period.  May be asked to lift approximately 25 lbs.  Exposure to moderate noise and light, i.e business office with computers, phone, printers, light foot traffic.

Other Duties: Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

EEO Statement: Auto Approve provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics.  In addition to federal law requirements, Auto Approve complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.

Applicants must be legally authorized to work in the United States.