Current jobs related to Automotive Financing Associate - Kilgore, Texas - Credit Union Texas

Position Overview and Goals

This role collaborates closely with the Automotive Finance Specialist and is tasked with assembling, assessing, and confirming the precision of loan documentation. The loan documentation must undergo a preliminary audit to guarantee compliance and ensure accurate disclosures, fees, interest rates, loan-to-value ratios, and more. The ideal candidate will possess exceptional attention to detail, robust organizational and follow-up capabilities, and the ability to communicate effectively both verbally and in writing. Meeting deadlines consistently and thriving under pressure are essential. Proficiency in Microsoft Office and strong computer skills are mandatory. Familiarity with NADA, CARFAX, DocuSign, TXDOT, and CBR is advantageous. Bilingual candidates are preferred but not required. A minimum educational requirement is a high school diploma or equivalent, along with at least two years of experience in underwriting or funding analysis.

Key Responsibilities and Essential Functions

1. Provide exceptional service to both internal and external members, aligning with our core values:

• We are engaged, not self-centered
• We are empowered
• We enjoy our work

Deliver outstanding service that embodies our principles:

• Care
• Comprehend
• Educate
• Surpass expectations

Achieve or exceed predetermined loan production targets.Acquire and relay comprehensive knowledge of the Credit Union's offerings.Accurately process transactions within member accounts.Maintain a tidy and organized workspace.Complete daily tasks efficiently.Exhibit enthusiastic support for the mission, core values, and long-term goals of the organization. Perform job responsibilities in accordance with bylaws, regulations, policies from the Board of Directors, established service standards, and operational procedures.Foster effective communication with the Automotive Finance Specialist to ensure timely and accurate loan funding.Assist in developing streamlined processes for efficient loan closings.The Automotive Financing Associate undertakes various tasks and supports the daily loan closing activities of the Automotive Finance Specialists. These tasks include (but are not limited to):

1. Review, pre-audit, and evaluate closing document packages for accuracy and completeness to minimize redraws and post-closing complications.
2. Ensure loans comply with underwriting, policy, program, and regulatory standards.
3. Utilize comment system screens to document events, ensuring visibility for management and staff regarding the status of loan files.
4. Manage the closing pipeline assigned for daily transactions and workload.
5. Address inquiries related to closing requirements from other staff, members, or departments.
6. Exhibit strong time management skills to organize and prioritize a high volume of loans in a fast-paced environment.
7. Handle multiple tasks simultaneously while maintaining a high level of accuracy and attention to detail.
8. Understand the interrelation of Sales and Service department objectives and contribute to achieving those goals regularly.
9. Collaborate effectively with fellow Automotive Finance Specialists and other employees, utilizing strong communication skills to ensure timely and accurate loan funding.
10. Follow up to ensure the prompt receipt of missing or corrected information/documents.
11. Interact courteously and tactfully with internal and external members and others via phone or electronic communication.
12. Propose improvements to the loan closing process to enhance efficiency.
13. Complete any additional tasks assigned by management.

Supervisory Responsibilities: N/A

Required Knowledge, Skills, and Abilities:

An individual must be able to perform each essential duty satisfactorily. The requirements listed below represent the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Proficient in using a personal computer/printer

Accurate typing skills (40 wpm)

Calculator/Adding Machine

Telephone System

NADA

CARFAX

DocuSign (preferred)

Fax Machine/Scanner

Microsoft Word, Excel, Outlook

Ability to read and comprehend instructions, short correspondence, and memos. Ability to write simple correspondence. Ability to effectively present information in one-on-one situations to supervisors, members, and other employees in the organization.

Ability to perform basic arithmetic operations using whole numbers, common fractions, and decimals. Ability to compute rates and percentages.

Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving a few concrete variables in standardized situations.

Knowledge of loan policies, procedures, and documentation necessary to secure liens on loan collateral.

Ability to operate a Call Management System. Must effectively communicate via telephone with members and other individuals contacting Lending Services.

Strong communication skills, using courtesy and proper grammar, to discuss the credit union's policies and procedures.

Ability to perform multiple tasks while maintaining a high standard of performance.

Education: High school diploma or general education degree (GED) and two years of experience in loan processing or funding analysis.

Experience: Minimum of 1-2 years or more of similar or related experience.

Physical Activities and Requirements:

CATEGORY

DESCRIPTION

Finger Dexterity

Using primarily just the fingers to make small movements such as typing, picking up small objects, or pinching fingers together.

Grasping

Using fingers and palm on an object.

Talking

Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.

Repetitive Motions

Movements frequently and regularly required using the wrists, hands, and/or fingers.

Average Hearing

Able to hear average or normal conversations and receive ordinary information.

Average Visual Abilities

Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery.

Sedentary Work

While performing the duties of this job, the employee will frequently talk or hear, sit, use hands to handle or feel, and reach with hands or arms. The employee will occasionally stand and walk, climb or balance, and stoop, kneel, crouch, or crawl. The employee will occasionally lift and move up to 10 pounds.

Working Conditions:

DESCRIPTION

None. No hazardous or significantly unpleasant conditions.

Mental Activities and Requirements:

Reasoning Ability: The ability to use common sense or logic.

Detailed

Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

Mathematical Ability: The level of ability required to perform math skills and operations.

Basic

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.

Language Ability: The level of ability required to communicate and understand written and oral language.

Typical

Ability to use a passive vocabulary of 7,000-9,000 words; read at a fast-paced rate; and define unfamiliar words in dictionaries for meaning, spelling, and pronunciation. Ability to write moderate to complex documents. Ability to communicate in complex sentences, using normal word order with present and past tenses and strong vocabulary. Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.

Compliance Requirement:

The responsibilities outlined in this job description remain compliant with the Bank Secrecy Act / Anti-Money Laundering, Office of Foreign Assets Control, and USA PATRIOT Act as they pertain to the duties of the position.

Disclaimer:

The information in this job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not intended to be a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job, which may vary by department or assignment. The actual essential duties, responsibilities, and qualifications may vary by department, reporting structure, and other business needs. No inference should be drawn that a specific job duty, responsibility, or qualification is non-essential by its absence from this description.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR c)

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