Indirect Lending Processor - Lending Department

Indirect Lending Processor - Lending Department

Responsible for processing, reviewing and funding new loan packages presented to the Credit Union for funding by approved dealers. Establish new membership, implement and develop plan to increase our product penetration.

Essential Duties & Responsibilities:

• Responsible for reviewing the file and completing a pre-audit of the loan documents and determining if the loan is ready to close.
• Accountable for verifying residency and income information before funding packages
• Assure that all underwriting conditions are met prior to funding.
• Conducts over the phone interview with applicant to determine authenticity of transaction
• Verify and determine calculation when it pertains to dealer reserves, Loan to values, payments (Reg Z) and communicates errors to dealer and or applicant by mail/phone
• Handle and reconcile general ledgers pertinent to dealer reserves and Indirect lending process
• Verify applicant via EFunds/FIS to authenticate applicant
• Follow up with dealer, for missing loan documentation and information.
• Process and certify special loan financing programs.
• Prepare all dealers loan packages for final approval, processing and funding.
• Perform new account opening and all other related functions.
• Mail required disclosure to member.
• Adhere to merchandising, telephone and other professional standards as established by Credit Union.
• Handle inquiries, concerns and request from members and dealers, and communicate to higher authority, when necessary.
• Cross sell additional products via mail/phone
• Assist with incoming phone calls for both Indirect Lending/Consumer Lending
• Compile daily tracking detail report and follow-up on files when needed
• Prepare monthly indirect lending report.
• Other duties and projects as assigned by management.

Qualifications & Requirements:

• High School Diploma or Equivalent required.
• 6 months of experience in a lending environment preferred.
• Must be fluent in English and Spanish
• Must possess excellent organizational skills and very detail oriented.
• Must be PC literate with knowledge of Microsoft Word, Access and Excel.
• Strong oral and written communication.
• Strong analytical skills.
• Ability to build effective relationship with existing and potential members and dealers.
• Must be multi-task oriented.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.