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Ed Financial Jobs (NOW HIRING)

Ed Morse Automotive Group

Finance Manager

Kewanee, IL · On-site

Ed Morse is currently seeking a Finance Manager to join our team. Responsibilities: * Provides ... customers with a thorough explanation of aftermarket products and extended Service Contracts and ...

Ed Morse Automotive Group

Finance Manager

Kewanee, IL · On-site

Ed Morse is currently seeking a Finance Manager to join our team. Responsibilities Responsibilities: * Provides customers with a thorough explanation of aftermarket products and extended Service ...

Spectrum Health

RN ED

Big Rapids, MI

The Big Rapids ED is a certified Primary Stroke Center and Level IV Trauma Center. There are 20 ... Comprehensive benefits package to meet your financial, health, and work/life balance goals. Learn ...

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What are the key skills and qualifications needed to thrive as an EdFinancial Customer Service Representative, and why are they important?

To thrive as an EdFinancial Customer Service Representative, you need strong communication skills, problem-solving abilities, and a high school diploma or equivalent. Familiarity with loan servicing platforms, CRM software, and basic computer proficiency are typically required, along with knowledge of federal student loan regulations. Patience, active listening, and a customer-focused attitude help you effectively assist borrowers and resolve issues. These skills are vital for maintaining compliance, ensuring customer satisfaction, and supporting borrowers through complex financial processes.

What does an Ed Financial representative do?

An Ed Financial representative assists students and borrowers with managing their federal student loans. They help answer questions about loan repayment options, process payments, and provide guidance on deferment, forbearance, and forgiveness programs. Their goal is to help borrowers understand their financial obligations and make informed decisions about their student loans.

What is the difference between Ed Financial vs Loan Officer?

AspectEd FinancialLoan Officer
Required CredentialsTypically requires a bachelor's degree in finance, economics, or related field; licensing may be needed for certain rolesRequires a mortgage license (e.g., NMLS), often with a background in finance or real estate
Work EnvironmentPrimarily office-based, working with students, educational institutions, or financial dataBanking or mortgage company settings, interacting with clients and lenders
Employer & Industry UsageUsed mainly in education finance companies like Ed Financial ServicesCommon in banking, mortgage lending, and financial institutions

While Ed Financial professionals focus on student loan programs and education finance, Loan Officers primarily handle mortgage and personal loan applications. Both roles require financial knowledge and client interaction but differ in industry focus and licensing requirements.

How does an Ed Financial representative typically collaborate with other departments to resolve customer inquiries?

As an Ed Financial representative, you’ll often work closely with teams such as loan servicing, compliance, and technical support to resolve complex customer issues. Effective communication and teamwork are essential, as you may need to coordinate information or escalate cases for specialized assistance. Regular meetings and shared digital tools are common methods to ensure seamless collaboration and timely resolution of borrower concerns. This collaborative environment helps representatives provide accurate and comprehensive support to customers.
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Ed Financial jobs near you
Finance Manager

Finance Manager

Ed Morse Automotive Group

Kewanee, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago

Ed Morse Automotive Group rating

5.7

Company rating: 5.7 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

121st of 142 rated car dealerships

Job description

Accelerate your career with Ed Morse Automotive Group! With 80+ years of industry experience, we provide excellent service to our customers and team members. Our expanding automotive group spans across FL, TX, OK, MO, IL, IA, CO, and AZ with over 60 + locations, representing 40+ automotive, powersports, and motorcycle brands. Join a family-oriented company that values personal and professional growth.

Ed Morse is currently seeking a Finance Manager to join our team. 


Responsibilities:

  • Provides customers with a thorough explanation of aftermarket products and extended Service Contracts and helps them purchase the right products for their needs.
  • Submits paperwork to obtain approvals from finance sources on all finance deals in a timely manner.
  • Establishes and maintains an impeccable reputation and good working relationships with multiple finance sources including manufacturers.
  • Prepares and mails all deal packages with complete and proper documentation to lenders and follows any other process that may be in place in their respective department
  • Accurately audits team deals post-sale
  • Ensures the expeditious funding of all contracts
  • Structures deals for maximum profitability and collectability
  • Fully proficient with title laws and registration process
  • Maintains proficiency and certifications as required for the position
  • Works closely with Sales Desk, submits deals to lenders for approval, makes credit decisions, and effectively closes deals
  • Verifies insurance and obtains payoffs on trades with open lines.
  • Processes federal, state, and dealer paperwork related to vehicle transaction.
  • Checks all paperwork for correct residual, commission, buy rate, title, lien information, taxes and DMV paperwork before forwarding to the business office.
  • Assists retail salesperson in collecting down payment and all monies associated with transaction.
  • Assists in all other areas of the financial services department, as needed.
  • Creates and maintains good relations with guests.
  • Maintains High CSI

Requirements:

  • Minimum of 2-years’ experience as a Finance Manager in the automotive industry
  • Special Finance, subprime lending experience desirable
  • Self-starter with a sense of urgency to deliver deals
  • A high degree of ownership and accountability for achieving results
  • Ability to organize, multi-task and prioritize in order to optimize daily opportunities and complete necessary processes and paperwork
  • A minimum of a High School Diploma or equivalent
  • Associate’s/bachelor's degree candidates preferred
  • Must successfully complete a background and drug screening

Why Ed Morse?

In addition to a rewarding career, Ed Morse offers our employees the following:

  • Weekly Pay
  • Uncapped earning potential! -Bonuses, Commissions, etc.
  • 401K with company match
  • Competitive Health Benefits including:
  • Medical
  • Dental
  • Vision
  • Supplemental Insurance options, Life Insurance, Short Team Disability & Long-Term Disability
  • Employee Assistance Program
  • Quarterly Wellness Program
  • Vacation Pay
  • Sick Pay
  • Six Paid Holidays each calendar year
  • Fantastic Employee Purchase Program! – Discounts on vehicles, parts & service
  • Employee Referral Program- Get rewarded for working with friends!
  • Become involved in our community with Ed Morse Cares
  • Unlimited career potential- opportunities in multiple states with over 30+ brands!
  • Ongoing Education- receive manufacturer and product knowledge training

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