Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world\'s most admired and innovative brands. Al-Futtaim Group\xe2\x80\x99s entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate. By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day Overview of the role:
To support business by maximising approvals of auto finance deals (brokerage) and In-house lending & lease deals by following stipulated processes and guidelines. To coordinate and ensure that accurate operational procedures are being maintained in the administration of:
Pre-screening and account / entity creation
Bank placements
Bank follow-ups and updates
LOI/LPO validation
LAN generation & AECB scoring
Contract issuance
What you will do:
Focal point of contact for all business parties involved in the Auto finance/Lease transaction. i.e. between panel Banks/Hertz/HO In-house and dealership
Data validation alongside documentation check at the onset of deal submission by the Business team
Basic credit parameters check before submitting the deal to the Bank/Hertz/IHF
Ensure Turnaround time is tracked and maintained as per stipulated SLA
Follow up with Bankers and AFF credit team for feedbacks on each deal
Communicate feedbacks accurately to the Showroom managers for their subsequent action
Track and Record Showroom manager errors
Communicating the MISs to the respective authorities for further actions
Conducting hygiene checks on MISs to ensure accuracy
Ensure all products and sales processes are following UAE regulators and AFF guidelines
Recording data in systems and other data sheets as required by business and Management
Knowing basic outline of credit policies of all partner banks & AFF
Challenging the Bankers for declines and any additional documentation requested over and above the basic
Validating the LOI and LPOs received from the Banks
Issue loan agreements for PLOAN, IHF and Lease products
Feedback on process gaps, bank policies and showroom requirements to be communicated on regular basis to Operations Manager
Tracking and recording Lease deal details in the Lease Tracker
Generating Lease Agreement and Annexure for the customers upon Approval from Hertz
Following up and recording data until the vehicle is delivered
Checking documents for personal loans
Create LAN for PL
Communicate the requirements and final feedback on the deal to the showroom manager
Pre-screening of documents before DOA takes decision
Track and Record the deal under Personal Loan MIS
Ensure the completed pack of Personal loan is submitted to Showroom Accounts Team
Emirati Staff Auto Advance(ESAA) document validation and co-ordination with sales team
Assist the Head Office Authorities with any Project requirements \\
Evolving together with the growing and changing organisation
Required Skills to be successfu:
Understanding of Auto Sales Processes (dealer level).
General understanding of Auto industry.
Outstanding interpersonal, facilitation and presentation skills.
Languages Fluent English. Arabic would be advantage.
Ability to maintain a good Tracking system on applications for better management of business.
Effective in setting priorities and scheduling activities.
What equips you for the role: Education :University graduate At least 1-year experience in a retail/consumer banking environment either in outdoor sales, or in back-office sales/ops coordination functions, or retail credit functions. About Al-Futtaim Automotive A major division of the UAE-based Al-Futtaim Group of companies, Al-Futtaim Automotive is an industry leader with presence in 10 countries across the Middle East, Asia and Africa. Our core business activities at Al-Futtaim Automotive include distribution, manufacturing, leasing and aftersales, and we are firmly established as the regional representative of some of the world\xe2\x80\x99s most iconic automotive brands: Toyota, Lexus, Honda, Jeep, Chrysler, Dodge, Volvo and RAM. We are driven by a customer-centric approach, constantly pushing the boundaries on innovation, quality standards, and value-added service across our vast universe of customers - right from motoring enthusiasts to fleet operators to contractors. Our mission is to become the leader in custom-made mobility solutions by delivering nothing less than world-class omni-channel experiences. We channel our local expertise and global trust to deliver one of the most comprehensive portfolios of mobility products and solutions, from passenger cars to SUVs, electric vehicles to high-performance motorbikes, commercial vehicles to industrial & construction equipment. What keeps the company moving forward is a 9000-member strong team, with inspiring possibilities for growth, throughout the career path. This is Al-Futtaim Automotive and we empower talent to move forward.
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