St. Jean's Credit Union is Massachusetts' First Credit Union, organized in 1910. We are seeking Indirect Lending Assistant with loan underwriting experience.
This is a part-time position. The weekly work schedule is Monday, Wednesday, and Friday 9:00am-4:30pm and every other Saturday 9:00am-1:00pm, once trained. The work location is on-site at our Operations Center office in Salem, MA. If you have Indirect auto loan lending and underwriting experience and you believe you are a good fit we would like to hear from you. We are seeking a skilled and detail-oriented Indirect Lending Assistant to join our team in the financial services industry. The ideal candidate will be responsible for supporting our loan origination process and ensuring the highest level of quality in our financial software. This is an excellent opportunity for someone who is passionate about financial services and has a strong background in math and contract management. Assists with overseeing the day-to-day operations. Adheres to policies and procedures that maximize potential business and limit or reduce loss ratio. Customer service; builds and enhances relationships with new and existing auto dealers and members. Develops, recommends, and reports on departmental improvements to management. The Credit Union offers a competitive compensation package, work-life balance, and a collaborative work team environment. Classification: Non-Exempt/Hourly ESSENTIAL FUNCTIONS AND BASIC DUTIES
Responsible for funding indirect loans as needed.
Handles underwriting indirect loans every other Saturday from 9am until 1pm. – alternating schedule with Sr. Indirect Lending Manager.
Monitor and follow-up on missing and erroneous titles. This will include involving Loan Officers when loan closing documentation was missing or insufficient.
Assists members with GAP claims (both STJ and policies sold by 3rd parties).
Secondary Responsibilities
Assist with system rate changes as needed.
Responsible for providing insurance carriers with Letters of Guarantee for collateral deemed a total loss.
Qualifications
High school diploma or college degree and/or business-related certifications, or equivalent.
1 year of loan underwriting experience, indirect lending loan experience, is a plus.
Valid driver’s license and reliable transportation
Familiar with CUDL platforms (CUDL 4 and Decision Manager) and Dealer Track, a plus!
Work Environment and Physical Demands. Office setting at a workstation, desk, sitting, use of telephone, computer, devices, and office equipment. While performing the duties of this job, the employee is regularly required to talk or hear/listen. The employee frequently is required to sit, stand, walk; use hands to finger, handle, or feel; and reach with hands and arms. It is the policy of St. Jean’s Credit Union to provide equal employment opportunities without regard to race, color, religion, sex, national origin, age, disability, marital status, veteran status, sexual orientation, genetic information or any other protected characteristic under applicable law. Job Type: Part-time Pay: $20.00 - $24.00 per hour Expected hours: 20 – 25 per week Benefits:
401(k) matching
Flexible schedule
Paid time off
Schedule:
8 hour shift
Day shift
Monday to Friday
On call
Experience:
auto loan processing/underwriting: 2 years (Required)