What are the responsibilities and job description for the Loan Administration Specialist position at Bayer Heritage Federal Credit Union?
Ready to look forward to going to work every day? Want to be a part of a service driven culture where employees are appreciated? Check out our opportunity with Bayer Heritage Federal Union!
Essential Functions & Responsibilities
- Strong understanding of the necessity and purpose of each loan document for all loan types and scan documents in a timely matter in a predetermined order.
- Effective communication with members, dealerships, staff, and appropriate titling authority per each state. Strong understanding of in-state and out-of-state processes for autos, recreational vehicles, motorcycles, and farm equipment. Ensure proper documentation for all titles and UCC processing on loan obtained by loan processors.
- Work with insurance companies and state national regarding vehicles financed with the CU.
- Strong understanding of all credit union products and services.
- Follow all policies and procedures regulated by the credit union as well as governmental policies, procedures, and regulations.
- Perform file maintenance regarding loan changes and skip payments.
- File gap claims and refunding members appropriately.
- Performs other duties as assigned
Performance Measurements
- To provide professional, friendly, and accurate service to members and co-workers.
- To be a team player and remain flexible and open when presented with multiple directions of work.
- To accurately scan loan documents in a specified order within the proper timeframe.
- To have the upmost respect for members, co-workers, and other stakeholders (internal and external).
- To maintain a dependable record of attendance and timeliness.
- To monitor loan documents and ensure proper completeness of the loan document file.
- To perfect liens in a timely manner.
- Six to twelve months of similar or related experience.
- Courtesy, tact, and diplomacy are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.
- Must have good communication and organizational skills. Detail oriented. Ten key calculator, typewriter and keyboard skills. Microsoft office excel and word skills.
- Able to operate standard office equipment.
- A high school education or GED.
- Typical office environment utilizing shared office equipment.
EEO Statement
Bayer HFCU is an equal opportunity employer. We are committed to our policy of providing equal employment opportunity in a manner consistent with applicable laws and regulations, including federal laws prohibiting employment discrimination on the basis of race, color, creed, national origin, sex, age, disability, sexual orientation or genetic information.