Dealer Finance Clerk (Summer Student)

Are you a student or recent graduate looking for an exciting opportunity to grow your skills in the financial industries sector? FirstOntario Credit Union is excited to welcome students to work at our organization from May to September, 2024.
The Advantages to being a FirstOntario Summer Student:

• Competitive wages and Career development opportunities
• Volunteer opportunities through Blue Wave
• Access to our Employee Assistance Program which is designed to improve your mental and physical health and productivity at work, school, and home

Why FirstOntario?

FirstOntario Credit Union is one of the largest credit unions in Ontario. We are a trusted co-operative financial institution dedicated to providing competitive banking products and services and a quality Member service. More than 118,000 Ontarians choose FirstOntario for their financial needs - from chequing and savings accounts to loans and mortgages and highly qualified investment advice. Our Membership does more than save you money on fees, it also makes you an Owner. At FirstOntario, we believe the best way to ensure our success is by supporting the communities we serve. That's why our policies include volunteering our time, talent and resources to worthy local causes and events. It's also why we reinvest our profits in the same places they're earned, and why we sponsor programs that promote financial literacy and economic development.

Job Overview

Process all work related to the FirstOntario Credit Union's suite of credit products with a high level of efficiency to provide superior service to the retail network.

Major Activities

• Assist retail network in solving problems by helping with routine, credit related matters requiring a basic level of knowledge in most areas, specialized in some.
• Assist with identification of skill gaps in the retail network.
• Work with the asset team to ensure maximum efficiency in support of service delivery.
• Process credit related work with accuracy and efficiency.
• Conduct file audits to ensure documentation is complete and correct.
• Adhere to audit and control policies and procedures.
• Correspond in a professional manner.
• Ensure FirstOntario Credit Union policies are adhered to.
• Perform all other work related duties, as assigned.

Operations

Basic Tasks Include:

• Support to dealers by handling all incoming calls
• Receive and process all applications from the dealers thru the loan system, referring any loans not approved by the system to Manager CCA and Retail Credit for their review/approval
• Perfect security for all deals to be advanced
• Key all loans to be advanced into the banking system, incl. programming the account
• Complete & dispatch all correspondence & documents to branches and members
• Complete all DFC related reports, entries; follow up on pending deals, etc.
• Provide support to other areas within asset management team as required.
• Misc. sundry duties

Job Requirements

• Must have above average communication and interpersonal skills
• Must be able to work well with minimum supervision.
• Must be capable of working as a team player, willing to assist other staff as required.
• Must be flexible and prepared to work hours established to meet member service demands.
• Must be willing to learn and apply coaching.

Job Specifications

• Grade 12 or equivalent
• Typing 30wpm
• On-line exposure.

Contacts

Establish contacts with:

• Peers, other team members and the Manager, Central Credit Adjudication and Retail Credit.
• Retail network team members.
• External suppliers including Dealertrack

Physical Demands/Working Conditions

• Normal, well ventilated office environment

Our Story

Our emphasis on service means we're constantly searching for new team members whose dedication to helping people is as powerful as their ambition to succeed. We're committed to providing professional development, and to extending employee activities beyond day-to-day operations to support the communities where we're located. Our people are the difference, it's a part of why we love coming to work.

FirstOntario is proud and privileged to be able to assist and touch the lives of so many in our communities.

• We believe giving back to our communities helps everyone.
• We believe in volunteering, active community support and participation.
• We believe in investing our profits back into the credit union and the community.
• We believe in finding solutions to help our Members and communities.

If this sparks your interest and you demonstrate high levels of integrity and credibility, we should talk. Check out our website for the full job description and prepare your cover letter and resume listing your experience, qualifications, and submit it online through our careers page on the company website.

We appreciate all who express interest; however, only those selected for an interview will be contacted. No phone calls please.

FirstOntario Credit Union will provide accommodations for persons with disabilities, where needed, to support their participation in our recruitment process.