Loan Processor II-Indirect

Security Service Federal Credit Union • San Antonio, TX

3d

About The Position

Performs administrative activities associated with booking and funding retail contracts. The role screens contracts for compliance with Truth-in-Lending and Equal Credit Opportunity Act requirements; matches contracts with credit approvals; and verifies terms, conditions, and rates. It monitors rates and reviews credit life, disability, extended warranty, and other added policies. The Loan Processor II monitors membership eligibility and ensures new accounts are opened properly. The role also reviews contracts and credit applications for completeness, proper signatures, accuracy, and compliance with federal and state regulations. Performs other job-related duties as needed to support the organization’s vision, purpose, and values.

Requirements

• High school diploma or equivalent.
• Minimum of two years of purchasing third-party retail automobile contracts and/or comparable experience.
• Excellent verbal and written communication skills.
• Basic knowledge of applicable office software.
• Good math skills.
• Good judgment in performing moderately complex tasks, referring only unusual cases to a Senior Loan Processor, Loan Officer, or Indirect Lending Management.
• Excellent interpersonal skills and ability to perform in a high-volume environment.

Responsibilities

• Perform administrative activities associated with booking and funding retail contracts.
• Screen contracts for compliance with Truth-in-Lending and Equal Credit Opportunity Act requirements.
• Match contracts with credit approvals and verify terms, conditions, and rates.
• Monitor rates and review credit life, disability, extended warranty, and other added policies.
• Monitor membership eligibility and ensure new accounts are opened properly.
• Review contracts and credit applications for completeness, proper signatures, accuracy, and compliance with federal and state regulations.
• Perform other job-related duties as needed to support the organization’s vision, purpose, and values.

What This Job Offers

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