Indirect Loan Processor

ADP, Inc.; Wichita (KS); On-site; USD 25,000 - 30,000; Full time

Benefits offered by this job

401(k) with employer matching

Health insurance

Vision insurance

Life insurance

Paid time off

Paid holidays

Sick leave

Job summary

Quantum Credit Union is seeking a detail-oriented Indirect Loan Processor to join our lending team in Wichita, Kansas. You will manage the end-to-end processing, documentation, and funding of indirect consumer loans through our dealer network, ensuring accuracy and regulatory compliance.

You will collaborate with dealerships and internal departments, verify terms, collect required documents, and resolve discrepancies to fund loans efficiently while maintaining high service standards for our

Qualifications

• High school diploma or equivalent required.
• Previous loan processing, consumer lending, indirect lending, dealership finance, or financial institution experience preferred but not required.
• Experience reviewing consumer loan documentation and funding packages preferred but not required.
• Strong attention to detail and ability to identify discrepancies in loan documentation.
• Ability to manage multiple loan files and priorities in a fast-paced environment.
• Strong organizational and time-management skills.
• Excellent written and verbal communication skills.
• Ability to communicate professionally with dealership personnel, members, and internal staff.
• Comfortable learning and working within lending software, core processing systems, and other financial technology platforms.
• Ability to interpret and follow lending policies, procedures, underwriting conditions, and regulatory requirements.
• Demonstrates sound judgment, professionalism, confidentiality, and a strong commitment to member service.
• Presents a positive image of Quantum Credit Union through professional and courteous interactions.

Responsibilities

• Review approved indirect loan applications and dealer funding packages for completeness, accuracy, and compliance with credit union requirements.
• Verify loan terms, interest rates, amount financed, collateral information, borrower information, and other documentation against the approved loan decision.
• Review purchase agreements, retail installment contracts, title, insurance, membership forms, income verification, identification and other required loan documents.
• Identify missing, incomplete, or inconsistent documentation and communicate with dealerships to obtain corrections or additional information.
• Ensure all approval conditions and underwriting stipulations have been satisfied before funding.
• Prepare, review, and finalize loan documentation within the credit union's core processing and lending systems.
• Fund completed indirect loans accurately and within established service expectations.
• Communicate professionally and promptly with dealership finance personnel regarding loan status, documentation requirements, funding questions, and corrections.
• Scan and maintain accurate records and documentation in accordance with credit union record-retention requirements.
• Follow credit union lending policies, procedures, internal controls, and applicable consumer lending regulations.
• Perform other duties as assigned

Skills

Attention to detail

Organizational skills

Time management

Verbal communication

Written communication

Education

High school diploma or equivalent

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Indirect Loan Processor

Full Time Wichita, KS, US

3 days ago Requisition ID: 1006

Salary Range: $18.50 To $21.50 Hourly

Company Description

Quantum Credit Union has been serving the financial needs of our community since 1938, originally founded to assist employees in the communication industry. Now open to the broader community, we offer a full range of banking services to help our members achieve financial well-being. As a not-for-profit credit union, we prioritize people over profits and are committed to fostering stronger financial health for all members. With a mission-driven culture, our team takes pride in building trusted relationships and delivering exceptional service. Join us in our effort to help individuals and communities "Find Your Yes!"

Position Summary

Quantum Credit Union is seeking a detail-oriented and service-focused Indirect Loan Processor to join our lending team in Wichita, Kansas.

The Indirect Loan Processor is responsible for the accurate and timely processing, documentation, and funding of indirect consumer loans submitted through the Credit Union's dealer network. This position works closely with dealerships, lending staff, and other Credit Union departments to ensure loan packages are complete, properly documented, and funded in accordance with Credit Union policies, procedures, and applicable regulatory requirements.

This position plays an important role in providing a high level of service to our dealer partners while helping protect the Credit Union from operational, compliance, and documentation risk.

Job Duties

• Review approved indirect loan applications and dealer funding packages for completeness, accuracy, and compliance with credit union requirements.
• Verify loan terms, interest rates, amount financed, collateral information, borrower information, and other documentation against the approved loan decision.
• Review purchase agreements, retail installment contracts, title, insurance, membership forms, income verification, identification and other required loan documents.
• Identify missing, incomplete, or inconsistent documentation and communicate with dealerships to obtain corrections or additional information.
• Ensure all approval conditions and underwriting stipulations have been satisfied before funding.
• Prepare, review, and finalize loan documentation within the credit union's core processing and lending systems.

Fund completed indirect loans accurately and within established service expectations.

• Communicate professionally and promptly with dealership finance personnel regarding loan status, documentation requirements, funding questions, and corrections.
• Scan and maintain accurate records and documentation in accordance with credit union record-retention requirements.
• Follow credit union lending policies, procedures, internal controls, and applicable consumer lending regulations.
• Perform other duties as assigned

Qualifications

• High school diploma or equivalent required.
• Previous loan processing, consumer lending, indirect lending, dealership finance, or financial institution experience preferred but not required.
• Experience reviewing consumer loan documentation and funding packages preferred but not required.
• Strong attention to detail and ability to identify discrepancies in loan documentation.
• Ability to manage multiple loan files and priorities in a fast-paced environment.
• Strong organizational and time-management skills.
• Excellent written and verbal communication skills.
• Ability to communicate professionally with dealership personnel, members, and internal staff.
• Comfortable learning and working within lending software, core processing systems, and other financial technology platforms.
• Ability to interpret and follow lending policies, procedures, underwriting conditions, and regulatory requirements.
• Demonstrates sound judgment, professionalism, confidentiality, and a strong commitment to member service.
• Presents a positive image of Quantum Credit Union through professional and courteous interactions.

401(k) with employer matching

Health insurance

Vision insurance

Life insurance

Paid time off

Paid holidays

Sick leave

Schedule

Full-time

Monday through Friday

Rotating Saturdays

In-person position in Wichita, Kansas

Job Type: Full-Time

Work Location: In-Person

Quantum Credit Union is an Equal Opportunity Employer committed to providing an inclusive workplace free of discrimination based on military or veteran status, disability, race, color, religion, sex, age, national origin, pregnancy, genetic information, sexual orientation, gender identity, or any other classification protected by applicable local, state, or federal law.