Indirect Lending Auditor, Fort Worth, TX

EECU•Fort Worth, TX

19d

About The Position

EECU is seeking an Indirect Auditor to audit funded Indirect and D&M Leasing loans and ensure contracts and lease agreements comply with EECU and State requirements. The role verifies that Indirect Funders obtain stipulations required by the approving Underwriter and accurately enter loan data into Symitar. It tracks funding exceptions and works with Indirect Funders to resolve errors. The auditor reviews the FASB91 report daily and works with Accounting to address input errors. The position provides backup assistance to Indirect Funders. This includes checking dealer contracts for compliance with EECU and State requirements, verifying interest rates, terms, advances, and the original approval, and ensuring loan packages include all required EECU and State documents. When a contract is not compliant, the auditor works directly with the dealer until it meets guidelines. The role is also responsible for compliance with applicable Federal and State rules and regulations, including Bank Secrecy Act, Anti-Money Laundering, Bank Bribery Act, NCUA Privacy Regulations, Reg B, Reg Z, Reg DD, Reg E, Reg CC, Servicemembers Civil Relief, and FCRA/FACTA. Initial and ongoing annual Bank Secrecy Act training is required. The role is based in Fort Worth, Texas, with a Monday–Friday schedule of 8 a.m.–5 p.m. and occasional Saturday hours from 8 a.m.–12 p.m.

Requirements

At least 3 years of experience in the banking or financial industry.
At least 2 years of experience in an Indirect Auto Lending Program.
At least 2 years of credit union experience.
Indirect auto background.
Analytical skills and computer proficiency.
Extremely detail-oriented and able to work in a fast-paced atmosphere.
Ability to communicate effectively with dealers to obtain completed loan packets in a timely manner for funding.
Good credit history; applicants' credit history will be evaluated, and only applicants with good credit history will be considered.

Nice To Haves

Indirect Funding experience.
Advanced knowledge of Indirect Lending.

Responsibilities

Audit each funded Indirect and D&M Leasing loan to ensure contracts and lease agreements meet EECU and State requirements.
Verify that Indirect Funders obtain all stipulations required by the approving Underwriter and accurately enter loan data into Symitar.
Track exceptions made by Indirect Funders and work with them to rectify errors until loan accounts are properly resolved.
Review the FASB91 report daily and work with Accounting to address errors caused by input mistakes.
Provide backup assistance to Indirect Funders.
Check dealer contracts for EECU and State compliance, including interest rates, terms, advances, and fulfillment of the original approval.
Ensure dealership loan packages contain all required EECU and State documents.
Work directly with dealers to bring noncompliant contracts within applicable guidelines.
Ensure compliance with applicable Federal and State rules and regulations, including Bank Secrecy Act, Anti-Money Laundering, Bank Bribery Act, NCUA Privacy Regulations, Reg B, Reg Z, Reg DD, Reg E, Reg CC, Servicemembers Civil Relief, and FCRA/FACTA.
Attend initial and ongoing annual Bank Secrecy Act training.