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Auto Loan Jobs (NOW HIRING)

Stellantis

Senior Loan Processor

Phoenix, AZ

As a Senior Auto Loan Processor/ Funding Specialist, you will be responsible for thoroughly verifying and processing retail and small business auto loan contract packages to ensure each file is ...

Associatedbank

OR · On-site

Develop and maintain existing automobile dealer relationships in an assigned geographic market through frequent contact to increase indirect auto loan origination volume and application quality.

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How much do auto loan jobs pay per hour?

As of Jun 10, 2026, the average hourly pay for auto loan in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

What are some common challenges faced by Auto Loan Officers, and how can they be effectively managed?

Auto Loan Officers often encounter challenges such as meeting sales targets, managing a high volume of applications, and ensuring compliance with lending regulations. Balancing customer service with the need to assess creditworthiness can also be demanding. Effective time management, staying updated on industry regulations, and maintaining clear communication with both clients and internal teams are key strategies for success in this role. Building strong relationships with dealerships and using technology to streamline processes can also help overcome these challenges.

What is the difference between Auto Loan vs Auto Finance Specialist?

AspectAuto LoanAuto Finance Specialist
Primary RoleProvides loans for vehicle purchasesAssists customers in securing auto financing options
CredentialsTypically requires basic financial knowledge, sometimes licensingRequires knowledge of financing products, credit analysis
Work EnvironmentBank branches, credit unions, online platformsDealerships, finance offices
Industry UsageFinancial institutions, lendersAuto dealerships, finance companies

While an Auto Loan involves the actual lending process, an Auto Finance Specialist helps customers navigate financing options. Both roles require financial knowledge but differ in their focus and work environment.

What are the key skills and qualifications needed to thrive as an Auto Loan Officer, and why are they important?

To thrive as an Auto Loan Officer, you need a strong understanding of lending principles, credit analysis, and financial documentation, typically supported by a background in finance or banking. Familiarity with loan origination software, credit scoring systems, and compliance regulations is essential. Excellent customer service, attention to detail, and effective communication skills help build trust with clients and ensure accurate processing. These skills and qualities are crucial for assessing risk, meeting lending standards, and providing a positive customer experience.

What are auto loans?

Auto loans are a type of financing that allows individuals to purchase a vehicle by borrowing money from a lender, such as a bank, credit union, or dealership. The borrower agrees to repay the loan amount plus interest over a set period, typically in monthly installments. The vehicle usually serves as collateral for the loan, meaning the lender can repossess the car if payments are not made. Auto loans can be secured for both new and used vehicles, and terms and interest rates can vary based on the borrower's credit score and the lender's policies.

How much would a $30,000 car payment be a month?

Auto loan specialists or financial advisors can estimate monthly payments based on the loan amount, interest rate, and loan term. For a $30,000 car loan, typical monthly payments range from about $500 to $700 over 60 months at interest rates around 4-6%. Actual payments depend on the specific loan terms and creditworthiness of the borrower.
More about Auto Loan jobs
What cities are hiring for Auto Loan jobs? Cities with the most Auto Loan job openings:
What states have the most Auto Loan jobs? States with the most job openings for Auto Loan jobs include:
What job categories do people searching Auto Loan jobs look for? The top searched job categories for Auto Loan jobs are:
Auto Loan jobs near you
Infographic showing various Auto Loan job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 69% Full Time, 26% Part Time, and 4% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.

Client Direct Auto Loan Officer - Jacksonville, FL

Bank of America

Jacksonville, FL • On-site

Full-time

Posted 24 days ago

Job description

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.

Internal employees who are currently working from home are still eligible to apply. However, if selected for the role, you may be required to work onsite in accordance with the workplace excellence policy.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for handling auto loan requests through the telephone and ensuring exceptional client service by identifying client needs while providing clear and specific next steps. Key responsibilities include overseeing the loan process from origination to closing, ensuring compliance with all regulations. Job expectations include reviewing existing client relationships by using various internal systems when required.

Responsibilities:

  • Demonstrates excellent client service skills through actively listen to incoming client phone calls regarding auto loan applications
  • Ensures compliance with all Customer Identification Program (CIP) and Know Your Customer (KYC) regulations by using various authentication tools to avoid fraudulent activity and high risk transactions
  • Oversees the loan process from start to finish by guiding clients through each step and quickly identifying and dispositioning scenarios to provide advanced problem resolutions
  • Handles situations which may require adaptation of response or extensive research according to the client's response
  • Identifies and engages internal bank partners as necessary on collaborative solutions
  • Uses computerized system for tracking information gathering and follow-up of assigned clients
  • Provides technical and sales training to associates

Required Qualifications:

  • 1+ years of call center experience or equivalent
  • Excellent verbal and written communication skills
  • General computer skills
  • Strong typing skills

Desired Qualifications:

  • Bank-related automotive financing

Skills:

  • Active Listening
  • Attention to Detail
  • Customer and Client Focus
  • Oral Communications
  • Account Management
  • Adaptability
  • Client Experience Branding
  • Loan Structuring
  • Pipeline Management
  • Data Collection and Entry
  • Emotional Intelligence
  • Written Communications

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week: 

40

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