Indirect Lending Processor

Teachers Federal Credit Union; Hauppauge (NY); On-site; USD 34,853 - 42,016; Full time

Benefits offered by this job

Paid time off

401(k) contribution

Dental & Vision coverage paid by TCUs

Tuition reimbursement for full-time

Job summary

Teachers Federal Credit Union in Hauppauge, NY, is seeking a car loan processor to handle packages from dealerships and members. You will verify documents, ensure accurate rates, and balance daily cash while coordinating with loan officers and dealerships.

The role requires a high school diploma or GED and at least two years of disbursing experience, with dealership exposure preferred. Proficiency in MS Office and strong communication are essential.

Qualifications

• High school education or GED required.
• Minimum two years of disbursing experience required.
• Minimum one-year dealership experience preferred.

Responsibilities

• Reviews loan packages for accuracy and completion by verifying information across multiple documents, ensuring the contracted and approved rate are accurate, ensuring all stipulations have been met, verifying all DMV paperwork meets the criteria of the state the vehicle is being registered in, ensuring the information in the loan packages matches the core system if the applicant is an existing member.
• Responsible for verifying vehicle and member information based on internet research of various databases, telephone listings, etc.
• Enters all information from loan package into the loan application system, verifies package meets approval guidelines and if not contacts loan officers to re-evaluate
• Contacts and corresponds with dealerships and other parties in order to obtain all required documents
• Responsible for placing applications in the correct queues in the loan application system and communicating the status of the applications to the dealerships
• Verifies all information in the core system is accurate once funding is complete and ensures cashbox is balanced each day
• Performs other duties as assigned

Skills

MS Office

Strong writing & communication

Attention to detail

Fast-paced environment

Education

High school diploma or GED

Tools

Loan application system

Job description

Brief Description

Join Our Team. For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America’s Best‑In‑State Credit Unions in 2025, Teachers has grown into one of the nation’s leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part‑time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.

Summary

Responsible for processing car loans received through a network of car dealerships. Counts and separates packages received by product and region; collecting and checking all necessary documentation; entering package information into the computer system; and resolving discrepancies prior to funding.

Education And/or Experience

• High school education or GED required
• Minimum two years of disbursing experience required
• Minimum one‑year dealership experience preferred

Essential Skills

• Proficiency in Microsoft Office
• Strong writing and communication skills
• Strong attention to detail
• Ability to work in a fast‑paced environment

Job Responsibilities

• Reviews loan packages for accuracy and completion by verifying information across multiple documents, ensuring the contracted and approved rate are accurate, ensuring all stipulations have been met, verifying all DMV paperwork meets the criteria of the state the vehicle is being registered in, ensuring the information in the loan packages matches the core system if the applicant is an existing member.
• Responsible for verifying vehicle and member information based on internet research of various databases, telephone listings, etc.
• Enters all information from loan package into the loan application system, verifies package meets approval guidelines and if not contacts loan officers to re‑evaluate
• Contacts and corresponds with dealerships and other parties in order to obtain all required documents
• Responsible for placing applications in the correct queues in the loan application system and communicating the status of the applications to the dealerships
• Verifies all information in the core system is accurate once funding is complete and ensures cashbox is balanced each day
• Performs other duties as assigned

Benefits Of Joining The Teachers Team

• Paid time off for vacation, personal days, and holidays
• 401(k) company contribution
• Teachers pays 100% of Dental & Vision premium
• Tuition reimbursement is offered to full‑time employees
• Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers

The good faith range for this position is $25.30 - $30.50 hourly. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.

All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility. To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers

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