Indirect Lending Processor - Lending Department

Dade County Federal Credit Union; Miami (FL); On-site; USD 23,000 - 32,000; Full time

Job summary

Dade County Federal Credit Union is seeking a loan processor in Miami to review and fund loan packages for approved dealers. You will verify residency, income, and underwriting conditions, conduct phone interviews, and prepare packages for final approval and funding.

Responsibilities include new account actions, disclosures, cross-selling products, and handling inquiries from members and dealers. Bilingual English/Spanish required.

Qualifications

• High School Diploma or equivalent required.
• 6 months of experience in a lending environment preferred.
• Fluent in English and Spanish.
• Strong organizational and detail-oriented abilities.

Responsibilities

• Review loan documents and perform pre-audit to determine readiness for closing.
• Verify residency and income information before funding.
• Ensure underwriting conditions are met prior to funding.
• Conduct phone interviews to assess transaction authenticity.
• Prepare dealer loan packages for approval and funding.
• Cross-sell products and assist with indirect/consumer lending inquiries.

Skills

Bilingual English/Spanish

Organizational skills

Detail oriented

MS Word

MS Excel

MS Access

Communication skills

Analytical skills

Multitasking

Education

High School Diploma or Equivalent

Tools

Microsoft Word

Microsoft Excel

Microsoft Access

Job description

Summary

Responsible for processing, reviewing and funding new loan packages presented to the Credit Union for funding by approved dealers. Establish new membership, implement and develop plan to increase our product penetration.

• Responsible for reviewing the file and completing a pre-audit of the loan documents and determining if the loan is ready to close.
• Accountable for verifying residency and income information before funding packages
• Assure that all underwriting conditions are met prior to funding.
• Conducts over the phone interview with applicant to determine authenticity of transaction
• Verify and determine calculation when it pertains to dealer reserves, Loan to values, payments (Reg Z) and communicates errors to dealer and or applicant by mail/phone
• Handle and reconcile general ledgers pertinent to dealer reserves and Indirect lending process
• Verify applicant via EFunds/FIS to authenticate applicant
• Follow up with dealer, for missing loan documentation and information.
• Process and certify special loan financing programs.
• Prepare all dealers loan packages for final approval, processing and funding.
• Perform new account opening and all other related functions.
• Mail required disclosure to member.
• Adhere to merchandising, telephone and other professional standards as established by Credit Union.
• Handle inquiries, concerns and request from members and dealers, and communicate to higher authority, when necessary.
• Cross sell additional products via mail/phone
• Assist with incoming phone calls for both Indirect Lending/Consumer Lending
• Compile daily tracking detail report and follow-up on files when needed
• Prepare monthly indirect lending report.
• Other duties and projects as assigned by management.

Location

1500 NW 107th Ave
Miami, FL. 33172

Pay

Starting $20.50

Summary

Responsible for processing, reviewing and funding new loan packages presented to the Credit Union for funding by approved dealers. Establish new membership, implement and develop plan to increase our product penetration.

Essential Duties & Responsibilities

• Responsible for reviewing the file and completing a pre-audit of the loan documents and determining if the loan is ready to close.
• Accountable for verifying residency and income information before funding packages
• Assure that all underwriting conditions are met prior to funding.
• Conducts over the phone interview with applicant to determine authenticity of transaction
• Verify and determine calculation when it pertains to dealer reserves, Loan to values, payments (Reg Z) and communicates errors to dealer and or applicant by mail/phone
• Handle and reconcile general ledgers pertinent to dealer reserves and Indirect lending process
• Verify applicant via EFunds/FIS to authenticate applicant
• Follow up with dealer, for missing loan documentation and information.
• Process and certify special loan financing programs.
• Prepare all dealers loan packages for final approval, processing and funding.
• Perform new account opening and all other related functions.
• Mail required disclosure to member.
• Adhere to merchandising, telephone and other professional standards as established by Credit Union.
• Handle inquiries, concerns and request from members and dealers, and communicate to higher authority, when necessary.
• Cross sell additional products via mail/phone
• Assist with incoming phone calls for both Indirect Lending/Consumer Lending
• Compile daily tracking detail report and follow-up on files when needed
• Prepare monthly indirect lending report.
• Other duties and projects as assigned by management.

Qualifications & Requirements

• High School Diploma or Equivalent required.
• 6 months of experience in a lending environment preferred.
• Must be fluent in English and Spanish
• Must possess excellent organizational skills and very detail oriented.
• Must be PC literate with knowledge of Microsoft Word, Access and Excel.
• Strong oral and written communication.
• Strong analytical skills.
• Ability to build effective relationship with existing and potential members and dealers.
• Must be multi-task oriented.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.