Indirect Loan Processor I

Stcu - Liberty Lake
new offer (01/07/2024)

job description

Job Description
The Indirect Loan Processor I position is responsible for funding a high volume of indirect dealer and merchant loans. In addition to funding, the position is highly involved maintaining with dealer and merchant relationships with professional communications via phone, email, or events.
Core Job Requirements/Outcomes:
Prepare documentation and loan files for the indirect program by reviewing and auditing the loan packet to ensure all documentation is current and up to date, is appropriately signed and dated, and loan files are completed ready for funding.
Ensure that the Indirect department and credit unions loan production goals are met by accurately processing, funding, and closing a high volume of Indirect dealer and merchant packets in a timely matter.
Maintain high service level standards by furnishing dealers and merchants with all relevant information and materials related to the indirect program, up to and including notification of loan fundings, funding delays, rate changes, updates to STCU membership documentation, and any other changes to the Indirect program.
Other Essential Functions
Assist in the execution of the strategic goals by providing operational support as needed to other key lending areas of the credit union which include Lending Center, Member Development, and Consumer Underwriting.
Input, update, and maintain departmental data that is utilized for tracking departmental goals, monitoring dealerships portfolio performance, and statistical reporting provided to executive leadership.
Assist with ensuring the department is compliant with internal and external compliance standards by assisting with the completion and tracking of the department’s monthly certification and auditing reports.
Maintain knowledge in and adhere to policies, procedures and established processes in order to support compliance requirements for the department and the organization overall.
Maintain effective working relationships with indirect partners by ensuring the best intent of the credit union.

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Indirect Loan Processor I

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