Indirect Loan Processor (Onsite) - Wollborg Michelson Recruiting
Sacramento, CA
About the Job
Indirect Loan Processor opening in Sacramento with a great banking organization.
- Pay: $22 an hour
- Monday-Friday 8am-5pm while on contract
- 6 month contract to hire opportunity
- Schedule may change from Mon-Friday 9am-6pm with rotating Saturdays
- Banking/Credit Union/Financial Services background
GENERAL DESCRIPTION:
Receives, reviews, audits and disburses loan applications through the Credit Union Direct Lending program to maintain quality of program, ensure accuracy of loan information, and provide member and dealership satisfaction.
TASKS, DUTIES, FUNCTIONS:
- Receive and audit appropriate paperwork sent from the vehicle dealerships. Research and identify missing information and communicate discrepancies with dealership personnel. Perform verifications on application data to ensure accuracy prior to funding.
- Ability to identify red flags in loan documentation in order to avoid potential fraud.
- Determine whether loan warrants disbursal as per Golden 1 established guidelines.
- Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.
- Fund appropriate monies to dealerships with the appropriate administrative fee.
- Assist department staff with gathering information and preparation of reports.
- Communicate and interact with department management and staff to provide information on loan status.
- Help in other areas within Lending as assigned.
PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASKS:
- Prolonged sitting throughout the workday performing the job.
- Normal vision range required to read loan documents to determine status.
- Effective oral and written communication skill required to interact with dealerships, staff and members to perform constructive follow-up.
QUALIFICATIONS:
EDUCATION: Successful completion of High School curriculum is required.
EXPERIENCE: One year in a lending position performing contract review is desired. Appropriate related experience is acceptable.
Looking for a new and exciting role? Don't wait, apply today!
Wollborg Michelson Recruiting does require all applicants to be able to provide proof that they are fully vaccinated from COVID prior to their start date, unless otherwise prohibited by law.
Wollborg Michelson Recruiting is an Equal Opportunity Employer and prohibits discrimination of any kind. We ensure job offers are made based of one’s employment experience, skills, and qualifications, regardless of race, gender, ethnic origin, or any other classification protected by law. All applicants must furnish proper identification to prove their legal right to work in the US upon a job offer. We participate in E-Verify to confirm one’s right to work in the US. Wollborg Michelson Recruiting does not provide sponsorship for an employment-based visa status.
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