Indirect Loan Processor

Sun East Federal Credit Union • Aston, PA

2d

About The Position

Sun East Federal Credit Union of Aston, PA is seeking an Indirect Loan Processor. Do you share in the credit union philosophy of "people helping people "If so, please read on about this Indirect Loan Processor position! As an Indirect Loan Processor you will earn a competitive wage , depending on experience. We also offer a robust benefits package including medical, dental, vision, a flexible spending account (FSA), a 401(k) plan with company match, life insurance, an interest rate reduction on loans, and employee discounts on things such as movie tickets, theme park tickets and discounted tickets for local events. If this sounds like the sales opportunity in the financial industry that you've been looking for, apply now! The Indirect Loan Processor is responsible for reviewing, verifying, and funding approved loan applications received through indirect lending channels. This role ensures that all loan documentation is complete, accurate, compliant with credit union policies, and funded in a timely manner. Puts the member and fellow employees first – every day – exemplifying Sun East's Mission and Values in all that you do. Take training required for the position. Understand and comply with all state and federal regulations and laws. Ensure compliance with all governing regulations, especially the Bank Secrecy Act requirements. Bank Secrecy Act knowledge will be determined by the employee's position and responsibility. Learn and understand all Lending Policies Seek additional training in areas outside of the job requirements. PHYSICAL REQUIREMENTS Work is of a sedentary nature with limited need to lift or otherwise move objects (10 lbs or under). Must be able to sit for extended periods of time. Requires manual dexterity and visual ability to work at a computer terminal, utilize keyboard, telephone, and other standard office equipment. Must also be able to deliver and receive verbal communication.

Requirements

• High school diploma or equivalent.
• 1-3 years of experience in auto lending, indirect lending, loan funding preferred.
• Knowledge of indirect auto lending process and dealer/Refinance partner documentation.
• Computer knowledge, good analytical skills, ability to communicate effectively verbally and in writing, with an understanding of credit union loan policies.
• Ability to manage time effectively and possess good problem-solving skills.
• Familiarity with Lending regulations and compliance standards.
• Some evenings and Saturdays may be required.
• Working knowledge of auto loan documentation, titles, and lien requirements
• Ability to manage multiple files and meet deadlines.

Nice To Haves

• Experience with indirect auto lending
• Understanding of lien, title, and collateral perfection processes
• Knowledge of state-specific DMV and title processing requirements
• Credit union experience and understanding of the member-owned financial model.
• Member-focused mindset with strong customer service skills
• Effective verbal and written communication
• Analytical and problem-solving abilities
• Team-oriented with the ability to work independently.
• High level of integrity and confidentiality

Responsibilities

• Reviewing, verifying, and funding approved loan applications received through indirect lending channels.
• Ensuring that all loan documentation is complete, accurate, compliant with credit union policies, and funded in a timely manner.
• Putting the member and fellow employees first – every day – exemplifying Sun East's Mission and Values in all that you do.
• Taking training required for the position.
• Understanding and complying with all state and federal regulations and laws.
• Ensuring compliance with all governing regulations, especially the Bank Secrecy Act requirements.
• Learning and understanding all Lending Policies
• Seeking additional training in areas outside of the job requirements.

Benefits

• medical
• dental
• vision
• a flexible spending account (FSA)
• a 401(k) plan with company match
• life insurance
• an interest rate reduction on loans
• employee discounts on things such as movie tickets, theme park tickets and discounted tickets for local events

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED