Credit Analyst (Contract to Hire)

About the role

The Credit Analyst will be responsible for reviewing and monitoring transactions delivered to Origence Lending Services for underwriting, processing, negotiating, and capturing indirect auto loan & lease originations. The role involves developing and maintaining relationships with credit union representatives, communicating with dealers and credit union partners, and making underwriting decisions. The Credit Analyst also assists with loan rehashes, follows up on approved applications, and supports the Origence Lending Services' operational goals.

Responsibilities

• Develop relationship with credit union representatives to negotiate acceptable terms of loan between credit union and dealership.
• Communicate effectively with dealers and credit union partners regularly to build rapport.
• Review loan applications and render decisions within underwriting criteria and approval limits.
• Gather and review all necessary underwriting information to determine the degree of risk involved with an application, including but not limited to credit bureaus, DTI, LTV, PTI, dealer risk and relationship.
• Apply decisions in multiple loan origination systems and adequately document details of decision to explain rationale.
• Absolutely document and track results of outbound and inbound calls.
• Send completed loan packages to appropriate credit unions for final funding.
• Increase Origence Lending Services overall capture % in select markets.
• Monitor applications and contracts delivered to Origence Lending Services from select dealerships.
• Monitor dealer productivity and assist dealers to increase look to book ratios.
• Contribute to operational and departmental goals that include but are not limited to: turnaround times and loan volume.
• Participate in implementation of fraud detection techniques, daily processing of fraud tools, and new client implementation.
• Support and/or recommend improvement of processes within the department.
• Participate in the testing of new software and new software releases.
• Work to foster and enhance teamwork within the organization and within the underwriting team.
• Support Operations Department including but not limited to: processing and funding applications, compliance, call center, and special projects.
• Work with team and leadership to maintain service level agreement and proper coverage of assigned responsibilities between 7:00 am and 9:00 pm MST, seven days a week.
• Provide the highest quality products and services to each other and our clients.
• Consistently promote and model the culture and values of Origence Lending Services.

Requirements

• High school diploma or equivalency required.
• Three to five years of underwriting experience in a consumer lending/underwriting environment within a financial institution.
• General knowledge of financial industry policies and operations is a must.
• Knowledge of financial institution operations, regulatory compliance, point of purchase or indirect auto lending or leasing preferred.
• Previous processing/funding experience is preferred.
• Experience in L360, Meridian Link, or Ideal is preferred.

Qualifications

• Excellent internal and external customer service skills.
• Excellent communication (oral/written) and analytical skills required.
• Ability to work independently with a high level of initiative.
• Ability to interface with credit union and dealership management for the purpose of creating and furthering a business relationship on behalf of Origence Lending Services.
• Ability to organize, prioritize work, meet deadlines and established goals.
• Ability to work in a fast-paced environment and deliver fast, efficient loan turnaround decisions to the dealers.
• Computer knowledge with Microsoft Office programs to include: Word, Excel and PowerPoint.
• Flexible working environment, willing to work a varied work schedule to ensure maximum effectiveness within business hours (7:00 am through 9:00 pm MST, 7 days a week).
• Specialized problem-solving and trouble shooting skills.
• Must be a team player.

Skills

• Excellent internal and external customer service skills.
• Excellent communication (oral/written) and analytical skills.
• Ability to work independently with a high level of initiative.
• Ability to interface with credit union and dealership management.
• Ability to organize, prioritize work, meet deadlines and established goals.
• Ability to work in a fast-paced environment.
• Computer knowledge with Microsoft Office programs.
• Specialized problem-solving and trouble shooting skills.
• Team player attitude.

Benefits

• Flexible Working Environment
• Paid Time Off
• 401k (8% match)
• College Tuition Benefits/ Tuition Reimbursement
• Good Benefits options, including Pet Insurance
• Company Culture! Cultural and Holiday celebrations, Theme days like Star Wars Day & Bring your Kids to Work Day, Monthly Townhalls and Quarterly Company Meetings

Pay

The starting hourly range for this full-time position is $20 - $29 per hour. This base pay will take into consideration internal equity, candidate’s geographic region, job-related knowledge and experience among other factors. Origence maintains a highly competitive compensation program. Under company guidelines, this position is eligible for an annual bonus to provide an incentive to achieve targeted goals. Bonuses are awarded at company’s discretion on an individual basis.

Schedule

Must be willing to work a varied work schedule to ensure maximum effectiveness within business hours (7:00 am through 9:00 pm MST, 7 days a week).