Indirect Loan Underwriter

Our Company At Raiz FCU, we share a passion for knowledge and a pursuit of growth. Grounded in our El Paso heritage previously as Teachers Federal Credit Union, since 1936 we are growing to help our community move into the future. We are inspired people, invested in you. At Raiz, we guide our members to focus on what could be and help them get there.

This new path inspires us to look ahead and the lead the way with passion. We can’t wait for you to join us.

Job Overview This position reports to the Indirect Lending Manager and Assistant Lending Manager. Responsible for providing Indirect auto loan services to Raiz FCU members/potential members through all participating auto dealerships. Responsible for reviewing all indirect loan applications within their lending limit in a timely manner and making lending decisions within lending policy and underwriting guidelines. Responsible for managing their pipeline of approved loans by assisting to collect pending items, pre-audit loan packets for completeness, and calling members directly to finalize loans.

Requires a thorough understanding of lending regulations and Credit Union lending programs, rate sheets, policies and procedures. Consistently demonstrates the ability to think independently and outside the box, while making sound lending decisions. Ability to methodically review complex information. This position requires someone who is highly motivated, positive and can clearly and effectively communicate with dealership finance departments. Maintains a low delinquency and charge off ratio in a high-volume environment.

Participates in testing new indirect loan software and products. Assists in daily tasks, such as logging in paper contracts and payoff checks received by dealers, maintaining GL’s in balance, and working audit and production reports to assist the management team. You will be an empowering mentor that will be:

A trusted expertA natural communicatorA champion for our members and the communityA guide through the moments that matter the most to our membersA digital first mindset.

A person who values efficiency

Position Details:

Onsite
1241 Pullman DrEL Paso, Tx 79936

Pay Range:$22.16-$33.23

Skills and Experience Education - High school degree or equivalent. (Bachelor degree is preferred)
Minimum of 5 years' experience in the financial industry

Minimum of 3 years consumer lending experience

Minimum of 2-year lending authority

Knowledge of Credit Union loan services and policies

Strong understanding of consumer lending policies, and procedures, products, and services, laws and regulations Interpersonal skills

Professional phone etiquette, appearance and attitude

Well organized, attention to detail, time management skills

Excellent communication skills over the phone and in person

Strong multi-tasking, teamwork, focus, and sense of urgency

Self-driven and able to work independently

Open minded

Dealer and member oriented

Negotiation skills

Proficient in Microsoft Office, Excel and web-based applications

Role Description and Essential Duties Responsible for loan decisioning and communicating loan decisions with dealers, members, and team members.

Receives, analyzes and performs credit investigations for consumer loan requests from auto dealers and makes decisions.

Review and approve consumer loans within assigned guidelines and authority. Makes recommendations on consumer loans outside of authority level.

Gathers pertinent information from dealers and members in order to thoroughly examine loan applications and communicate loan decisions in a timely manner.

Build relationships with dealers by creating, cultivating and maintaining these relationships. Handles escalated dealer calls.

Ensures confidentiality of credit union, member information and maintains…