Indirect Funding Specialist
Job Description
Job Description
We are looking for an Indirect Funding Specialist to join our team in Marlborough, Massachusetts. This is a long-term contract position that requires a highly organized individual with expertise in loan processing and indirect lending. The ideal candidate will play a critical role in ensuring the accuracy and compliance of loan documentation while delivering exceptional service to members.
Responsibilities:• Conduct thorough reviews of contracts submitted by indirect dealers to ensure all required documents are correctly signed and documented.
• Analyze loan applications and supporting documents to identify potential errors or discrepancies.
• Maintain courteous and respectful interactions with team members and credit union members to foster a positive work environment.
• Meet or exceed assigned sales and service goals through efficient and accurate loan processing.
• Ensure proper payment methods are maintained and filing fees are correctly deposited with appropriate descriptions.
• Process denial and adverse action letters for loans that are not approved.
• Respond to general loan inquiries from members in a timely and efficient manner.
• Provide backup support for consumer lending operations as needed.
• Perform related administrative and clerical duties to support loan processing operations effectively.• Minimum of 1 year of experience in loan processing or related roles.
• Strong knowledge of loan origination, administration, and servicing processes.
• Familiarity with consumer loans, auto loans, indirect lending, and government loans.
• Experience with mortgage processing and related documentation.
• Exceptional attention to detail and accuracy in reviewing loan documents.
• Ability to work onsite in Marlborough, Massachusetts.
• Excellent communication skills and a customer-focused attitude.
• Proficiency in handling multiple tasks and meeting deadlines efficiently.
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