Indirect Loan Processing Specialist

2 weeks ago


Yuba City, California, United States Sierra Central Credit Union Full time
Job Overview

POSITION SUMMARY

The Indirect Loan Processor I plays a crucial role in ensuring the accuracy and completeness of loan documentation received from authorized dealerships. This position requires a keen eye for detail and the ability to manage multiple tasks efficiently.

KEY RESPONSIBILITIES

1. Examine all documentation submitted by approved indirect dealerships to verify that all necessary paperwork is accurate and complete.

2. Assess income in accordance with internal guidelines and policies.

3. Cultivate and maintain strong relationships with Sierra Central Credit Union Business Development Managers (BDM) and dealership personnel.

4. Liaise with SCCU BDMs and dealership staff regarding any missing information, loan payoff quotes, and funding delays.

5. Review and audit loan files and membership applications for precision and thoroughness.

6. Adhere to all regulatory standards and internal security/information security protocols.

7. Demonstrate the ability to work effectively under pressure while managing multiple projects and deadlines.

8. Engage in continuous sitting or standing for approximately six to seven hours daily, with intermittent bending and walking.

9. Capable of performing light physical tasks, including lifting, carrying, and/or pushing objects weighing up to 25 lbs.

10. Exhibit cooperative behavior with colleagues and supervisors at all times.

PRIMARY DUTIES

This role is responsible for receiving indirect loan contracts from authorized dealerships, verifying that all information in the loan package aligns with the loan approval or counteroffer from the approving underwriter/system, and facilitating the disbursement of funds. This position operates in a fast-paced environment with a strong emphasis on detail and organizational skills.

ADDITIONAL RESPONSIBILITIES

1. Possess knowledge of SCCU products and services.

2. Actively support adherence to all internal policies, procedures, and practices to promote risk management and overall safety.

3. Ensure that loan packages are complete and accurate prior to submission for auditing.

4. Address lending inquiries from members, staff, and dealership partners.

5. Approximate time allocation for tasks:

a. 50% Organizing incoming loan packages from dealerships (both paper and electronic) for funding and auditing.

b. 20% Communicating (via phone, email, and LOS) with dealerships, SCCU BDMs, and staff regarding funding delays and status updates.

c. 15% Preparing files for auditing and scanning.

d. 15% Conducting audits of funded files.

6. Perform other duties as assigned.

COMPENSATION

The starting pay for this position is $24.71 per hour, based on experience, along with a comprehensive benefits package for both full-time and part-time employees.

QUALIFICATIONS

1. A minimum of six months of experience in a clerical role, preferably within a financial institution.

2. Strong communication skills (both written and verbal) with excellent telephone etiquette.

3. Proficiency in Microsoft Office applications, particularly Word and Excel, as well as calculators.

4. Demonstrated organizational skills with the ability to file accurately and efficiently.

5. Ability to work accurately and effectively in a fast-paced environment while adhering to a flexible schedule.



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