Indirect Lending ProcessorUnderwriter

Evansville, IN - USA

Monthly Salary: Not Disclosed

Posted on: 22 hours ago

Vacancies: 1 Vacancy

Job Summary

Liberty FCU a full-service credit union is currently seeking anIndirect Lending Processor/Underwriterwith attention to detail and excellent organizational skills to join the Indirect Lending team located at 4405 Theater Drive Evansville IN 47716. Some holiday and extendedhours are also required. Previous credit union or financial institutionexperience is desired. If interested please proceed by clicking Apply.

Duties and Responsibilities include but are not limited to the following:

Serve as indirect loan processor
- Process and service indirect documentation from dealerships and third parties
- Verify that all new loan contracts and documentation are complete and accurate
- Fund indirect loans into the credit unions core system
- Maintain knowledge of internal and external guidelines and procedures
- Organize indirect letters and packets for daily mailings
- Assist area dealerships with payoffs on existing vehicle loans
- Support the department by answering member phone questions while providing courteous and personal service
- Organize daily mail and file miscellaneous documentation

Serve as underwriter
- Demonstrate attention to financial details and the ability to understand established lending requirements
- Become familiar with federal and industry standards and the ability to apply them on a case-by-case basis
- Use analytical skills to evaluate the financial information presented and demonstrate flexibility in applying lending criteria
- Process and analyze loan applications in the Decision Lender platform
- Determine creditworthiness by reviewing credit reports Debt-to-Income (DTI) and unsecured ratios
- Using various evaluation tools determine the value of collateral and Loan-to-Value (LTV)
- Evaluate the above information to determine if the applicant should receive the loan amount requested
- Respond to dealerships in a prompt and efficient manner with effective communications and member service skills
- Develop knowledge of the Internet Excel and Word processing systems
Participate in the indirect lending holiday and rotational Saturday work schedules as requested by management
Adhere to all credit union lending and personnel policies and procedures
Develop an understanding of credit union history philosophy organization bylaws and operational procedures
Develop a working knowledge of the credit unions data processing system
Any other duties assigned by my supervisor or management

Benefits:

Paid Holidays
Paid Time Off (Vacation Sick and Personal Days)
Medical Dental and Vision Insurance
401(k) retirement program with matching funds
Employer paid Group Term Life Insurance Short Term and Long Term Disability Insurance
Tuition Reimbursement Program

Liberty FCU is an Equal Opportunity Employer Minority/Female/Disability/Protected Veteran.

Duties and Responsibilities include but are not limited to the following:

Serve as indirect loan processor
- Process and service indirect documentation from dealerships and third parties
- Verify that all new loan contracts and documentation are complete and accurate
- Fund indirect loans into the credit unions core system
- Maintain knowledge of internal and external guidelines and procedures
- Organize indirect letters and packets for daily mailings
- Assist area dealerships with payoffs on existing vehicle loans
- Support the department by answering member phone questions while providing courteous and personal service
- Organize daily mail and file miscellaneous documentation

Serve as underwriter
- Demonstrate attention to financial details and the ability to understand established lending requirements
- Become familiar with federal and industry standards and the ability to apply them on a case-by-case basis
- Use analytical skills to evaluate the financial information presented and demonstrate flexibility in applying lending criteria
- Process and analyze loan applications in the Decision Lender platform
- Determine creditworthiness by reviewing credit reports Debt-to-Income (DTI) and unsecured ratios
- Using various evaluation tools determine the value of collateral and Loan-to-Value (LTV)
- Evaluate the above information to determine if the applicant should receive the loan amount requested
- Respond to dealerships in a prompt and efficient manner with effective communications and member service skills
- Develop knowledge of the Internet Excel and Word processing systems
Participate in the indirect lending holiday and rotational Saturday work schedules as requested by management
Adhere to all credit union lending and personnel policies and procedures
Develop an understanding of credit union history philosophy organization bylaws and operational procedures
Develop a working knowledge of the credit unions data processing system
Any other duties assigned by my supervisor or management

Benefits:

Paid Holidays
Paid Time Off (Vacation Sick and Personal Days)
Medical Dental and Vision Insurance
401(k) retirement program with matching funds
Employer paid Group Term Life Insurance Short Term and Long Term Disability Insurance
Tuition Reimbursement Program

Liberty FCU is an Equal Opportunity Employer Minority/Female/Disability/Protected Veteran.