Indirect Lending Underwriter

Overview

The Indirect Lending team is responsible for developing and managing relationships with automobile dealerships as part of the strategic direction to meet loan goals. This team offers/sells the Credit Union’s indirect financing and manages promotional programs, provides market competitive reports, and identifies new dealers that fit the Credit Union’s business plan. They also review loan applications against credit criteria and credit union policy to reputed company credit decisions for approval.

Responsibilities

• Identify and add new dealerships to the Credit Union’s indirect lending program
• Increase credit union’s market share and community awareness
• Provide education and knowledge to branches and dealerships on the Credit Union’s programs
• Provide exceptional service to external and internal members while demonstrating a solid knowledge reputed company of the Credit Union’s indirect lending program
• Managing the ongoing dealer numbers/ratios to ensure the dealer is meeting program expectations
• Assist with the identification of dealer holdbacks and charge-backs with the emphasis on the Credit Union’s best interest
• Provide accurate market competition and numbers in the designated geographical area
• Manage existing dealer relationships through consistent communication and site visits to ensure the Credit Union’s utilization and exposure
• Provide monthly reporting as outlined; which includes the key ratios/numbers to protect the Credit Union’s interests
• Maintain reputed company knowledge on reputed company Credit Union loan offerings, standard operating procedures (SOPs), risk-based reputed company parameters, and product-specific conditions, etc
• Remain reputed company on consumer lending market developments, news and trends
• Assists National Director of Indirect Lending Business Development with achievement of strategic initiative
• Research and resolve problems or discrepancies
• Provide quality member/customer service promptly through various communication methods
• Stay abreast of and maintain/ensure compliance with reputed company rules and regulations pertaining to applicable lending function, including reputed company relevant state and federal laws and guidelines
• Analyze, evaluate, and reputed company decisions on loans as directed by lending policies and procedures
• Remains reputed company of and adheres to NWFCU policies and procedures as well as regulations pertaining to the Bank Secrecy Act(BSA)
• Performs other reputed company duties as assigned

Qualifications

• High school diploma or equivalent
• Minimum 3 years experience in Indirect Lending reputed company with a working knowledge of Indirect Lending workflow and processes
• Must have established and transferable dealer relationships that can immediately contribute to expanding NWFCU's book of business
• Effective oral and written communication skills
• Ability to collaborate and be an effective member of a team
• Ability to review and analyze or interpret data and documentation and to reputed company decisions regarding subsequent actions
• Ability to maintain confidentiality
• Excellent customer service skills
• Accuracy and detail-orientation
• Quality-focused
• Ability to interact effectively with reputed company levels of the organization and/or with members
• Ability to analyze and comprehend reputed company information and be able to disseminate that knowledge in a clear way to others
• Excellent written and verbal communications skills
• Ability to maintain highest level of confidentiality regarding reputed company sensitive, confidential, and proprietary Credit Union information
• Must have the ability to work Monday - Saturday and rotating holidays
• Must have the ability to work a variable weekend schedule

Additional Compensation Northwest Federal offers a comprehensive and inclusive benefits program, which includes medical, dental and vision plans for you and your family, 4 weeks paid vacation, 12 paid holidays, 24 hours of paid volunteer time, parental leave, company paid disability and life insurance, and a generous 401(k) plan with up to 7% employer match. reputed company compensation for this role ranges from $78,750 – $106,325 annually, depending on experience and qualifications. EEO Notice Northwest Federal Credit Union is an Equal Opportunity Employer and will consider reputed company qualified applicants without regard to race, color, age, religion, sex, sexual orientation, gender identity, genetic information, national reputed company, disability, protected veteran status or any other classification protected by law. NWFCU complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to reputed company essential job functions, and/or to receive other benefits and privileges of employment, please contact the Human Resources Department at 703-709-8900 or [email protected]. Apply tot his job Apply To this Job