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Indirect Loan Processor/Funder 2 in Huntington Beach, CA at Nuvision Credit Union

Date Posted: 7/10/2018

Job Snapshot

Job Description

Pay range: $17.19 - $21.49 hourly

Under the supervision of the Indirect Lending Supervisor, performs all duties associated with processing Indirect Consumer loans. Monitors Dealer track and CUDL for indirect applications. Reviews loan packages and determines steps necessary to complete processing and funding in an accurate and timely manner.  Adds value to the organization by assisting with the process which adds assets to the Credit Union’s portfolio. Works directly with the Auto Dealers and members. 

Responsibilities

  • Performs duties related to processing and funding all types of indirect consumer lending products.
  • Assists with generating Adverse Action Notices for Indirect Consumer loan declines.
  • Reviews documentation to ensure it corresponds with loan application; confirms accuracy of member information; conducts a comprehensive review of income verification; loads data in Loan Origination System; and funds in accordance with loan officer’s instructions/stipulations. Works directly with Indirect Auto dealers to communicate loan stipulations and fundings.
  • Obtains accurate pay off figures, and prepares and mails pay off checks and letters in relation to consumer loan funding.
  • Accepts incoming calls from vendors, dealerships and external as well as internal members. Answers questions and provides information related to loan processing and loan funding.
  • Reviews completed Dealer Audit Sheet and Prefunding Checklist to confirm completion in accordance with credit union standards. Sends completed package to Quality Control after funding is completed.
  • Completes telephone interview/verification of indirect applicants and of physical damage insurance coverage for the financed vehicle.
  • Adheres to all auditing procedures designed to document the lending process and provide the proper checks and balances.
  • Supports and participates in continuous improvement activities.
  • Represents the Credit Union in a positive and professional manner.

Job Requirements

Qualifications

  • Minimum two years of indirect or consumer loan processing and or funding experience.
  • A comprehensive knowledge of all consumer lending products, documentation, policies and procedures, services and delivery methods is required. Working Knowledge of APPRO and Datasafe systems is a plus.
  • Ability to utilize 10-key adding machine with accuracy.
  • High School Diploma is a minimum requirement.