Indirect Lending Officer

NET Federal Credit Union•Scranton, PA

4d•Onsite

About The Position

NET Credit Union is seeking a high-energy Indirect Lending Officer to join our growth focused team. In this role, you will be responsible for evaluating and approving loan applications submitted through our extensive dealer network.

Requirements

Minimum of three to five years of consumer lending experience primarily in the field of indirect lending
High school diploma or equivalent

Responsibilities

Responsible for funding loans, processing and underwriting loan requests that originate from our dealers, analyzing data, approving or denying credit and notifying necessary parties of the loan decision
Regularly communicate with dealers regarding applications in progress and actively foster relationships with dealer partners through telephone, in-person or other means of communication
Respond to questions, answer inquiries concerning all aspects of loans originated in indirect lending from various sources such as other staff members, dealers and members
Responsible for producing good quality loans to achieve a high profit margin on loans originated through indirect channels
Process, prepare and send denial notices to members that have been denied loans
Acquire licensing required for new or existing dealerships
Maintain forms and rate sheets on dealer platforms and loan origination system
Make confirmation calls to members on recent purchases
Research ways to increase efficiency for departmental functions
Participate in training activities within the department or branch to ensure compliance with credit union policies and state and federal regulations and laws
Identify and inform management of trends and issues observed when speaking to dealers
Other duties as assigned