Lending Support Representative 1 - IAACU

Ilfb; Bloomington (IL); Hybrid; USD 35,000 - 48,000; Full time

Benefits offered by this job

Medical, Dental, Vision Insurance

401(k) with company match

Paid time off

Job summary

IAACU seeks an entry-level Lending Support Representative in Bloomington, IL to provide exceptional member service for loan-related inquiries via phone, email, or in person. You will help with delinquency management, payment arrangements, and loan file maintenance, supporting accurate policy adherence and timely communications.

Strong customer-service skills and familiarity with lending practices are valued.

Qualifications

• Excellent written, verbal, and interpersonal communication skills.
• Experience in customer service, banking, financial services, lending, or collections is desirable.

Responsibilities

• Responds to member questions regarding open loans via phone, email or in-person communication.
• Performs delinquency management and payment assistance.
• Reviews delinquency reports and researches payment arrangements and loan modifications.
• Monitors loan files for required documentation and follow-up with members and loan officers.
• Assists with collateral-related processes such as foreclosures, repossessions, and lien perfection.

Skills

Excellent communication

Customer service

Problem-solving

Job description

## Lending Support Representative 1 - IAACUApply: Onsite: Bloomington, IL: Full time: Posted Today: R26\\_0000001045# **Join IAA Credit Union and become part of a team with a long-standing commitment to serving members and strengthening communities.**We’re excited you’re exploring a career with IAA Credit Union as we support the financial needs of the Illinois Farm Bureau (IFB) family of companies. As an affiliate of IFB, we combine a strong legacy with a people-first approach to service. Apply today to play a meaningful role in helping our members and communities thrive. # About the role Provides exceptional service and effective problem resolution to members with existing loans, conducts quality assurance reviews, and supports the credit union's asset quality through proactive delinquency management, member outreach, and payment assistance efforts. # **How does this role make an impact?** * Responds to member questions regarding open loans via phone, email or in-person communication.* Follows established procedures to ensure accurate and timely collection of loan payments from members.* Reviews delinquency reports for late, delinquent and potentially delinquent loans. Makes initial contact with members on their past due accounts. Researches, recommends and offers appropriate payment arrangements and loan modifications to members.* Monitors incomplete loan files for receipt of required documentation and ensures timely follow up with members and loan officers.* Conducts quality assurance reviews of loan files to ensure compliance with internal loan policies and guidelines.* Tracks and monitors insurance and taxes on collateral and performs escrow analysis and lien perfection.* Assists with foreclosures, repossessions, bankruptcies, maintenance and sale of collateral in default. Assigns uncollectible accounts to collection agencies and attorneys for litigation as required.* Tests and validates system enhancements and upgrades to identify issues, verify functionality, and support successful implementation.# # Do you have what we're looking for? * This is an entry-level role; however, previous experience in customer service, banking, financial services, lending, collections, or a related field is highly desirable.* Excellent written, verbal, and interpersonal communication skills, including strong customer service and problem-solving abilities.* Familiarity with lending products and loan servicing practices.* Knowledge of collections processes as they relate to consumer lending.* Experience working in a credit union environment preferred.* Certified Credit Union Financial Counselor (CCUFC) designation preferred.* Ability to work flexible hours as needed.# **Base Pay Range:** $35,200-$48,400 The base pay range represents the typical range of potential salary offers for candidates hired. Factors used to determine your actual salary include your specific skills, qualifications and experience. # **Incentive Pay:** In addition to base salary, this position is eligible for a Short-Term Incentive plan. # **Why work with us?** Founded in 1951, IAA Credit Union (IAACU) was created to serve the financial needs of the Illinois Farm Bureau (IFB) family of companies, and that purpose continues to guide us today. We are dedicated to building financial relationships that enrich our members’ lives through personalized service and trusted support. Through our affiliation with IFB, our employees are part of a strong, respected organization with deep roots across Illinois. While headquartered in Bloomington, Illinois, IAACU serves individuals and families across the country. At IAACU, our culture is centered on community, connection, and making a difference in how we serve our members, their families, and the broader organizations we support.You’ll be able to take advantage of our benefits package, which includes insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match, parental leave, paid time off, paid company holidays and time off to volunteer. Please click here to learn more about the many benefits we offer our employees.IAACU is committed to providing equal opportunity in all areas of employment, and in providing employees with a work environment free of discrimination and harassment. Employment decisions are made without regard to race, color, religion, age, gender, sexual orientation, veteran status, national origin, disability, or any other status protected by applicable laws or regulations.Come join our team at IAACU today!***IAACU does not generally sponsor individuals for employment-based visas for this position.***