Consumer Lending Support Specialist, 4700 Montgomery NE

Rio Grande Credit Union • Albuquerque, NM

3d • Onsite

About The Position

The Consumer Lending Support Specialist is responsible for funding loan requests received through both the direct and indirect loan channels, ensuring proper loan documentation, and performing smooth transactions by collaborating with dealer business offices. This role also provides essential support to consumer loan officers by assisting with processing of direct loan applications, ensuring accuracy, compliance, and efficiency in all consumer lending operations.

Requirements

• 6 months to 2 years related experience
• 2-year college degree or completion of a specialized course of study OR 2 years related experience
• Ability to write reports, business correspondence, and procedure manuals such as Standard Operating Manuals (SOPs).
• Ability to effectively present information and respond to questions from groups of managers, clients, members, and the general public.
• Must be able to read and write using the English language.
• Ability to calculate figures and amounts such as discounts, interest, amortizations, proportions, percentages, cash flow, net present values, and depreciation.
• Ability to apply concepts of basic algebra and arithmetic.
• Ability to solve practical problems and deal with a variety of concrete and flexible variables in situations where only limited standardization exists.
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
• Working knowledge of Microsoft Office products

Responsibilities

• Support indirect lending in a high-service environment, fostering long-term relationships with local dealerships while driving loan growth.
• Support direct lending in a dynamic sales environment, fostering long-term financial relationships with members while driving loan growth.
• Retains overall knowledge of all areas of the Credit Union. Responsible for learning about new products the Credit Union offers, attending staff training, and remaining informed of changes in Credit Union policies and procedures.
• Demonstrate teamwork in all interactions with coworkers and in the completion of all duties and responsibilities.
• Maintains positive and professional relationships with dealer contacts, promoting Rio Grande Credit Union and its Dealer Finance Program in a positive manner.
• Assists with developing strong relationships with members to ensure continued financial partnerships.
• Responsible for handling dealership calls including incoming inquiries regarding funding status and outgoing calls to dealer finance departments to follow-up on missing items.
• Maintain knowledge of and can successfully handle various materials and products such as, but not limited to, consumer loan applications, title work, MMP and GAP policies, and debt cancellation.
• Assist as needed as a point of contact and subject matter expert with staff from all branches and other departments as needed and ensure account-monitoring standards are provided.
• Ensures that individual quarterly goals are met as outlined in the incentive plan and monthly scorecard.
• Other duties as assigned by department supervisor and manager, Senior Management, and President/CEO.
• Continuously enhance knowledge of regulations, procedures, and compliance related to member services and loans including BSA, Red Flags, UDAAP, Lending Policies, Lending and Matrices.
• Performs functions necessary relative to consumer direct and indirect lending, including data input and loan funding.
• Perform, prepare, and obtain all necessary verification and documentation for products and services, and obtain any other documentation relevant to lending file.
• Ensures accuracy in responding to member requests the first time.
• Perform file maintenance on accounts as related to member service activities, such as payroll deductions and EFTs when necessary.
• Troubleshoot and/or escalate complex issues to supervisor/manager or appropriate business owners, while exercising independent judgement and decision-making.
• Actively participates in credit union-wide projects and/or committees.
• Work in conjunction with management to minimize findings from various internal and external quality control, auditors, and examiners.
• Knowledge of Credit Union security procedures; immediately notifies supervisor/manager of any irregularities.
• Dispose of obsolete files in accordance with established retention schedule or legal requirements.
• Properly update all necessary CIP information in the core processor for prime and joint members and customers on all accounts for all transactions.
• Come to work every day with a member focused, passionate, and dedicated mindset
• Approach every member situation from a caring, helpful, and open-minded position
• Proactively approach issues and offer creative solutions that will make doing business with RGCU easier
• Assists in any other areas as directed by Senior Management and/or President/CEO.
• Review all loan applications for Red Flags according to BSA and Identity Theft Red Flag procedures.
• Report all suspicious activity to the Risk Management department via the compliance group email.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree