![]() ![]() Make recommendations with appropriate management personnel on Indirect Lending processes.Assist SAFE employees with Indirect general information and questions.Communicates with dealer personnel on issues concerning funding problems, resolving dealer errors, etc.Trains personnel within the department on the Indirect funding process, required regulatory and policy compliance and daily duties.Updates deal status in Indirect loan origination system when loan is paid off.Maintains and follows up with dealers on commission adjustments for loans paid off in less than 120 days.Maintain good working relationship with dealers.Reviews and qualifies prospective members for eligibility.Prepare and send appropriate correspondence to the borrower.Coordinates workflow with others involved in Indirect Lending, to include LSC, Accounting Dept., SAFE Indirect Sales Representative, and Accounts Control for Indirect repos.Logs funded deals daily on Dealer Template and emails to Accounting Dept.Process and fund dealer loan packages received in a timely manner in Indirect origination system.Reviews and keys required data on approved loans for completeness and adherence to regulatory and policy compliance.Logs new contracts and updates status of contracts until deal is funded.Meets assigned goals for processing times and loan funding.Will be responsible to verify VINs, as well as vehicle options, and to ensure all adverse action correspondence will be processed to the member within the required 10 days.ĮSSENTIAL DUTIES AND RESPONSIBILITIES include the following: ![]() The Indirect Loan Review Processor will make necessary data entry input on loans including interest rates, amounts financed, payment amount, selection of payment for dealer proceeds, the appropriate commission rate, and ordering payment coupons. Primarily responsible for the timely review of all indirect loans and coordinating disbursement with the Accounting Dept. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |