Indirect Lending Floating Processor/Underwriter
Liberty Federal Credit Union - Evansville, Indiana, United States, 47725
Work at Liberty Federal Credit Union
Overview
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Overview
Indirect Float Lending Processor/Underwriter
with attention to detail and excellent organizational skills to join the Indirect Lending team. Some holiday and extended hours are also required. Previous credit union or financial institution experience is desired. If interested, please proceed by clicking Apply.
Duties and Responsibilities:
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 union's 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, DTI, and unsecured ratios Using various evaluation tools, determine the value of collateral and 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 communication and member service skills Develop knowledge of the Internet, Excel, and Word processing systems
Participate in the indirect lending holiday and rotating Saturday work schedule 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 union's data processing system Any other duties assigned by management Benefits and Compensation:
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.