Floorplan Sales Associate - California at Lendbuzz

California, United States

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Not SpecifiedCompensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

FinTech, Automotive FinanceIndustries

Requirements

Outstanding customer service skills
Strong communication skills
High level of organizational skills
Strong sense of integrity
Ability to work independently while also being a strong team player
Excellent interpersonal skills and the ability to interact with others effectively
Prior experience at a dealership, auction, or in floorplan/auto lending (preferred)

Responsibilities

Engage new and current dealerships in person to drive growth and achieve goals
Strategize with the floorplan operations team to plan and execute programs for new dealerships
Provide feedback to the floorplan team about dealership program needs
Utilize platforms and tools required for floorplan underwriting and originations
Optimize dealerships’ utilization of credit lines
Support the company with risk management, risk mitigation recovery, and collections

Skills

Key technologies and capabilities for this role

Customer ServiceCommunicationOrganizational SkillsSales ProspectingDealership RelationsRisk ManagementCollectionsUnderwritingTeamwork

Questions & Answers

Common questions about this position

Is this position remote?

Yes, this is a remote position.

What is the salary for this role?

This information is not specified in the job description.

What skills are required for the Floorplan Sales Associate role?

Required skills include outstanding customer service, strong communication, high organizational skills, strong integrity, excellent interpersonal skills, and the ability to work independently while being a team player.

What are Lendbuzz's company beliefs or values?

Lendbuzz values diversity as a competitive advantage, compassion as a strength, simplicity as a key feature, honesty and transparency as non-negotiable, and believes financial opportunity belongs to everyone.

What makes a strong candidate for this position?

A strong candidate will have outstanding customer service, communication, organizational, and interpersonal skills, along with integrity and the ability to work independently and as a team player; prior experience in dealerships, auctions, or floorplan/auto lending is preferred but not required.

Lendbuzz

Provides auto loans for international students

About Lendbuzz

Lendbuzz provides auto loans specifically designed for international students and professionals in the United States who may struggle to secure financing through traditional lenders. The company uses advanced data analytics and machine learning to evaluate the creditworthiness of borrowers, focusing on a wider range of financial and personal data rather than just credit scores. This approach allows Lendbuzz to cater to a niche market that is often overlooked by conventional financial institutions. Borrowers can apply for loans online, verify their information easily, and sign documents digitally, making the process user-friendly. Lendbuzz earns revenue by charging interest on loans and may also receive fees from car dealerships for facilitating the loan process. The goal of Lendbuzz is to make auto financing more accessible to those who typically face challenges in obtaining loans.

Boston, MassachusettsHeadquarters

2015Year Founded

$246.1MTotal Funding

LENDING_CAPITALCompany Stage

Automotive & Transportation, FintechIndustries

201-500Employees

Benefits

Dental & health insurance

401(k)

Company outings

Fitness center

Unlimited PTO

Stocked kitchen

Company issued hardware

Cool swag

Flexible working hours

Risks

Increased competition from similar fintech companies could erode Lendbuzz's market share.

Potential regulatory scrutiny on AI models may increase compliance costs.

Economic downturns could impact demand for auto loans, affecting Lendbuzz's revenue.

Differentiation

Lendbuzz uses AI to assess creditworthiness beyond traditional credit scores.

The company targets international students and immigrants, a niche underserved by traditional lenders.

Lendbuzz partners with auto dealerships to offer seamless financing solutions.

Upsides

Lendbuzz secured $100M from Japan's largest bank, enhancing its financial stability.

The U.S. auto loan market growth benefits Lendbuzz's specialized services.

Increased adoption of digital lending aligns with Lendbuzz's user-friendly application process.

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