Indirect Funder I- Fort Worth
About The Position
EECU is seeking a driven and detail-oriented Indirect Funder I to join their team. In this role, the individual will be responsible for ensuring dealer contracts comply with internal standards and State regulations. This includes verifying interest rates, loan terms, and original approvals. The position requires working closely with dealers in a fast-paced, compliance-driven environment. Contracts must be funded within 24 hours if within guidelines, and funders use multiple systems to update and finalize approved loan packets. Funders process an average of 1,900 contracts per month. Regular attendance is essential. The candidate must adhere to all Federal and State Rules and Regulations pertaining to Bank Secrecy Act, Anti-Money Laundering, Bank Bribery Act, NCUA Privacy Regulations, Reg B, Reg Z, Reg DD, Reg E, Reg CC, Service Members Civil Relief, and FCRA/FACTA, and attend required BSA training.
Requirements
- Indirect auto background
- Analytical skills
- Computer proficiency
- Knowledge of credit union operations
- Strong decision-making ability and judgment
- Extremely detailed
- Able to handle a fast-paced atmosphere
- Able to effectively communicate to dealers to obtain completed loan packets in a timely manner for funding
- 1+ years of experience in the Banking/Financial industry
- 1+ years in the Indirect Auto Lending Program
- Good credit history
- Must clear background check including employment, criminal, and drug screen.
Nice To Haves
- College degree preferred but not required.
Responsibilities
- Review and verify all documents in dealer loan packages to ensure compliance with EECU and State regulations.
- Work closely with dealerships to correct and finalize contracts that fall outside of guidelines.
- Confirm that all State-mandated forms are present and correct.
- Calculate dealer reserves and dealer chargebacks with accuracy and transparency.
- Collaborate directly with dealers to resolve reserve discrepancies and obtain necessary corrections.
- Provide detailed, audit-ready documentation to Management and State Examiners for lien perfections, chargebacks, and reserve payments.
- Ensure EECU's lien is recorded within State-mandated timeframes.
- Fund dealer contracts within 24 hours if packets are within guidelines.
- Use multiple systems to update and finalize all approved funded loan packets.
Benefits
- A Better Way of Banking®
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
