What are the responsibilities and job description for the Auto Loan Underwriter/Credit Specialist- Experience Preferred position at Credit Union Auto Finance?
Job: Auto Loan Underwriter/Credit Specialist
Position Reports To: Credit Supervisor
Basic Functions:
The primary functions of a Underwriter/Credit Specialist are to receive Auto loan applications from new and used car dealers in the indirect lending software, proficiently analyze and decision them, as well as audit and process funding packages for accuracy and completion. A Credit Specialist is required to establish and foster positive, professional relationships with our dealer network and credit union partners, providing outstanding service.
Essential Functions
- Review and decision auto loan credit applications in a timely manner, according to the underwriting criteria of the applicable credit union
- Research and analyze all options prior to denying a credit request
- Learn and maintain knowledge of the indirect lending software system.
- Review funding packages for accuracy and completeness in a timely manner
- Follow up and resolve any issues that make funding packages incomplete
- Communicate effectively with dealers and credit unions, providing accurate information concerning loan status.
- Maintain positive, productive relationships with automobile dealers, credit unions, and other agencies/organizations associated with Credit Union Auto Finance.
- Assist with answering the phones, deliveries, and other office operational tasks
- Required to work flexible/extended hours
- Required to work one or two Saturday’s per month.
Other
- Participate in special assignments and projects as requested by management
Qualifications
Knowledge:
- Working knowledge of state and federal consumer lending regulations including Regulation Z, Regulation B, Fair Credit Report Act and all other applicable regulations.
- Working knowledge of organization’s policies/procedures and credit guidelines set forth by each respective credit union
- Must understand the importance of confidentiality.
- Proficient in Word, Excel and use of the internet
Skills:
- Excellent analytical skills
- Excellent communication skills both verbal and written
- Excellent attention to detail
- Must be professional at all times
- Ability to work within precise standardized guidelines with some latitude to make decisions and take initiative to resolve problems or unique circumstances
Abilities:
- Ability to manage multiple tasks
- Ability to keep duties organized
- Ability to work under pressure in a fast paced environment
- Must be able to sit for extended periods of time in a normal office environment
Notice: This job description is not intended to be, nor should it be construed, as a contract for employment. Credit Union Auto Finance makes no guarantee of permanent employment. This job description is to be used as a guideline to give you an understanding of what Credit Union Auto Finance has defined this position to be. Management may make changes to this job description.
Job Type: Full-time
Pay: $18.00 - $20.00 per hour
Benefits:
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
Schedule:
- 8 hour shift
- Holidays
- Monday to Friday
- Overtime
- Weekends as needed
Experience:
- Auto Loan Underwriter: 1 year (Required)
Ability to Commute:
- Rochester, NY 14626 (Required)
Work Location: In person
Salary : $18 - $20
