Full Job Description – Finance Executive

Job Summary:

The Finance Executive will manage end-to-end vehicle finance cases for dealership customers, from understanding the customer profile and selecting the right lender to documentation, approval, sanction, and disbursement.

Key Responsibilities:

- Handle vehicle finance cases from booking to final disbursement.
- Understand customer profiles and recommend suitable banks/NBFCs.
- Coordinate with banks, NBFCs, DSAs, and finance representatives.
- Collect and verify required documents for salaried, self-employed, and agricultural customers.
- Review CIBIL/credit profiles, existing obligations, and basic loan eligibility.
- Explain EMI, interest rate, tenure, down payment, and finance terms to customers.
- Follow up on loan login, approval, sanction, documentation, and disbursement.
- Identify alternative lenders where the primary lender is unable to approve a case.
- Coordinate with Sales, Accounts, and Management to avoid delivery delays.
- Maintain accurate records of approvals, pending cases, rejections, and disbursements.
- Keep updated with lender policies, schemes, LTV norms, interest rates, and eligibility criteria.
- Maintain strong working relationships with banks and NBFCs.
- Ensure confidentiality and proper handling of customer financial information.

Required Qualifications & Experience:

- Bachelor's degree in Commerce,



Finance, Business Administration, or related field.
- 2–5 years of experience in automobile finance, vehicle loans, banking, NBFC, DSA, or automobile dealership preferred.

Required Skills:

- Good knowledge of vehicle finance and loan documentation.
- Understanding of CIBIL, EMI obligations, credit assessment, and lender eligibility.
- Strong customer handling, communication, and follow-up skills.
- Valuable coordination with banks/NBFCs and dealership teams.
- Working knowledge of Microsoft Excel and basic computer applications.
- Solid attention to detail and documentation.

Key Performance Indicators (KPIs):

- Finance penetration and conversion rate.
- Loan approval and disbursement turnaround time.
- Reduction in finance-related delivery delays.
- Accuracy and completeness of documentation.
- Approval rate of logged-in cases.
- Timely closure of pending finance cases.
- Customer satisfaction and lender coordination.

Preferred Industry:

Automobile Dealership / Vehicle Finance / Banks / NBFCs / Retail Lending

Work Location:

Ludhiana, Punjab – In Person

Job Type:

Full-time

Candidates with existing relationships with major banks and NBFCs in automobile finance will be preferred.

Pay: ₹20,000.00 - ₹25,000.00 per month

Work Location: In person

📌 Finance Executive (India)
🏢 Somaha Autos
📍 India