Consumer Lending Indirect Processor
About the role
The Consumer Lending Indirect Processor plays a crucial role in supporting the lending department by processing loans. This position ensures all necessary indirect or third-party vendor documentation is in place and that the loan funding process runs smoothly and efficiently.
Responsibilities
- Review Loan Applications: Ensure completeness and accuracy of indirect and third-party vendor consumer loan applications, verifying all conditions and income to comply with lending policies and regulations.
- Process and Fund Loans: Prepare and send documentation, verifying accuracy in all systems when loans are funded, including knowledge of general ledger mapping from LOS to CORE and interfaces to other systems.
- Pipeline Management: Track loan application status to ensure timely processing and interact with dealers to advise and clear funding issues.
- Dealer Inquiries: Manage dealer inquiries within the service level guidelines related to the loan process and provide updates. Inquiries may come as a phone call or via the LOS.
- Collaboration: Work closely with senior management and other departments to ensure seamless loan processing, lien perfection, and member onboarding.
- Compliance and Audit: Address compliance and audit issues, providing resolutions and keeping the Processing Manager informed.
- Product Knowledge: Maintain strong knowledge of lending products, conditions, income review, and acceptable documentation.
Requirements
- High School Diploma or GED.
- Minimum of 3 years in Consumer Lending, preferably with experience in indirect processing and communicating with dealerships.
- Lending Certified.
- NMLS License.
- Computer Skills: Proficient in Excel and Word; experience with ARCOS, Seamless, and DNA systems.
Qualifications
- Flexible work options including a hybrid or remote set up.
Skills
- Strong communication skills.
- Attention to detail.
- Ability to manage multiple tasks simultaneously.
Benefits
- Comprehensive benefits package including medical, dental, and vision coverage; life and disability insurance; voluntary benefit programs; a 401(k) plan with employer match; reimbursement and wellness programs; and an annual performance-based bonus.
Pay
The estimated salary for this role is $28.99 to $34.06 per hour.
Schedule
Required days are Monday, Tuesday, Wednesday, Friday and Saturday from 8:00 am to 5:00 pm EST. Thursdays will be off.
What Sets Us Apart
- Competitive 401(k) plan.
- Tuition and fitness reimbursement programs.
- Flexible work options.
- Volunteer opportunities.
- Executive “Water Cooler Chats”.
- Clubs, sports, and social events.
- Food truck days.
Who is FourLeaf?
FourLeaf Federal Credit Union (FourLeaf) has been committed to the financial well-being of our members for over 80 years. Through our full range of competitive savings and loan products, you can trust us in every step of your financial journey. From applying for a credit card to closing on your mortgage to opening your child’s first savings account, FourLeaf is here to help you reach your financial goals. We are proud to be an award-winning place to work!
Additional Information
- Some of our recent recognitions include Certified Great Place to Work 2024-2025, America’s Greatest Midsize Workplaces 2025, Quantum Workplace Employee Voice Award 2024, and Fortune’s Best Workplaces in Financial Services & Insurance 2024.
- We are an integral community partner through our charitable giving and community development programs in New York and beyond.