Indirect Loan Funder
About The Position
TEG Federal Credit Union is seeking a motivated, detail-oriented Indirect Loan Funder to support a smooth loan experience for dealer partners and members. The position performs data entry, reviews and processes indirect vehicle loan applications, clears approval conditions, and funds and disburses loans after verifying that documentation is accurate and complete. The funder communicates with auto dealers to obtain documentation and resolve approval conditions, maintains loan and account records, tracks monthly funding statistics, and checks newly opened accounts and loans for compliance accuracy before submitting them to the Compliance team. The role also backs up lien processing and related tasks. This is a full-time, on-site position in Poughkeepsie, New York, paying $20–$22 per hour based on experience, with eligibility for an annual bonus.
Requirements
- One to three years of similar or related experience.
- High school diploma or equivalent.
- Attention to detail, accuracy, and follow-through.
- Professional and courteous communication with dealers, members, and teammates.
- Proficiency in Microsoft Word and Windows programs.
- Organization and ability to multitask in a fast-paced environment.
Responsibilities
- Fund and disburse indirect loans accurately and on time.
- Review and process indirect vehicle loan applications and verify documentation before disbursement.
- Communicate with auto dealers to request additional documentation and clear loan approval conditions.
- Build strong, sustainable relationships with dealer partners.
- Set up accounts and loans in the system, maintain accurate loan records, and track monthly loan funding statistics.
- Ensure loan processing complies with applicable standards.
- Review newly opened accounts and loans for compliance accuracy before submitting them to the Compliance team.
- Back up lien processing and assist with related tasks.
- Communicate clearly and consistently with internal and external partners.
Benefits
- Supportive, team-oriented environment and work-life balance.
- Medical, dental, and vision insurance.
- 401(k) with company match.
- Defined benefit pension plan.
- Paid time off.
- Eligible for an annual bonus.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
