Consumer Loan Funding Specialist (Onsite)
Frontwave Credit Union, Oceanside, CA, United States
Consumer Loan Funding Specialist
The Consumer Loan Funding Specialist is responsible for the preparation of documents, funding, and maintenance of Consumer Loan applications in compliance with applicable Federal, State and NCUA rules and regulations. Maintains loan quality and ensures that loan packages are completely and accurately executed prior to loan funding. These loans may include indirect and direct auto loans, Auto Buying Service loans, as well as other consumer loan types. Will work closely with automobile dealerships, branch staff, and loan call center staff to ensure loans are processed and funded efficiently and within established guidelines. About Frontwave Credit Union: Frontwave Credit Union is a member-owned not-for-profit financial institution serving San Diego, Riverside, San Bernardino and Imperial counties. Founded in 1952, we have grown to 18 branches with 125,000 members and manage over 1.8 billion in assets. At Frontwave Credit Union, we are focused on creating consumer solutions to provide our members and the communities we serve with products and services that enhance the quality of life for our members through exceptional service and the progressive application of technology. What's In It For You: Competitive pay, 401k matching, mortgage and auto discounts. 9-27 days of PTO per year (based on tenure), VTO and 10 paid holidays. Affordable medical, dental, vision health plans, and Flexible Spending Account. Employee Assistance Program with a variety of services. Career development, training, and coaching, mentoring; tuition reimbursement up to $4,000/year. Culture of excellence and continuous improvement. We strive to be the best place you've ever worked! Responsibilities
Essential Duties and Responsibilities: Includes the following non-inclusive list. Other duties may be assigned. All duties are to be performed in compliance with applicable laws, regulations, and Credit Union policies and procedures. Confirm and verify the appropriate documents are assembled in loan files for proper vesting, collateral descriptions and contract signatures. Ensure accurate data input in related information systems. Ensure timely receipt and proper completion of all outstanding loan stipulations in accordance with established procedures and loans are closed within appropriate time frames. Provide and communicate file status as well as clear and concise instructions as to necessary documentation required for funding. 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. Fund appropriate monies to dealerships with the appropriate administrative fee. Prioritize workload to manage timely loan fundings and track files. Maintain communication with internal staff, dealerships, and contractors. Keep current with knowledge of credit union's lending updates, criteria, guidelines, and procedures, policies, and processes. Ensure loan documentation is complete and accurate according to credit union policy requirements, lending guidelines and compliance regulations. Provide funding support to Member Solutions Center, Branches, Employee Loans and Dealer Qualifications
Education and/or Experience:
High School Diploma or equivalent, Associate's Degree in business or related field preferred. Minimum two years of financial industry experience with one year of lending experience. Knowledge, Skills and Abilities: Knowledge of California and out of state DMV Policy and Procedures Demonstrated computer, Microsoft Office skills Proficient mathematical and analytical skills Organizational skills sufficient to prioritize, manage workflow processes, and meet deadlines Effective human relations and professional communication skills Ability to work in fast-paced, high intensity environment Ability to communicate clearly and effectively with all groups of people Salary Range: $24.46 - $36.69 Service Excellence Standards
When joining Frontwave Credit Union, you can expect to be a part of a workforce committed to the following Service Excellence standards: We see it. We own it. We get it done. We ignite positive experiences. We do things right every time. We are collaborators - united, cohesive and engaged We innovate and evolve. We create memorable experiences for life. We starts with me.
The Consumer Loan Funding Specialist is responsible for the preparation of documents, funding, and maintenance of Consumer Loan applications in compliance with applicable Federal, State and NCUA rules and regulations. Maintains loan quality and ensures that loan packages are completely and accurately executed prior to loan funding. These loans may include indirect and direct auto loans, Auto Buying Service loans, as well as other consumer loan types. Will work closely with automobile dealerships, branch staff, and loan call center staff to ensure loans are processed and funded efficiently and within established guidelines. About Frontwave Credit Union: Frontwave Credit Union is a member-owned not-for-profit financial institution serving San Diego, Riverside, San Bernardino and Imperial counties. Founded in 1952, we have grown to 18 branches with 125,000 members and manage over 1.8 billion in assets. At Frontwave Credit Union, we are focused on creating consumer solutions to provide our members and the communities we serve with products and services that enhance the quality of life for our members through exceptional service and the progressive application of technology. What's In It For You: Competitive pay, 401k matching, mortgage and auto discounts. 9-27 days of PTO per year (based on tenure), VTO and 10 paid holidays. Affordable medical, dental, vision health plans, and Flexible Spending Account. Employee Assistance Program with a variety of services. Career development, training, and coaching, mentoring; tuition reimbursement up to $4,000/year. Culture of excellence and continuous improvement. We strive to be the best place you've ever worked! Responsibilities
Essential Duties and Responsibilities: Includes the following non-inclusive list. Other duties may be assigned. All duties are to be performed in compliance with applicable laws, regulations, and Credit Union policies and procedures. Confirm and verify the appropriate documents are assembled in loan files for proper vesting, collateral descriptions and contract signatures. Ensure accurate data input in related information systems. Ensure timely receipt and proper completion of all outstanding loan stipulations in accordance with established procedures and loans are closed within appropriate time frames. Provide and communicate file status as well as clear and concise instructions as to necessary documentation required for funding. 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. Fund appropriate monies to dealerships with the appropriate administrative fee. Prioritize workload to manage timely loan fundings and track files. Maintain communication with internal staff, dealerships, and contractors. Keep current with knowledge of credit union's lending updates, criteria, guidelines, and procedures, policies, and processes. Ensure loan documentation is complete and accurate according to credit union policy requirements, lending guidelines and compliance regulations. Provide funding support to Member Solutions Center, Branches, Employee Loans and Dealer Qualifications
Education and/or Experience:
High School Diploma or equivalent, Associate's Degree in business or related field preferred. Minimum two years of financial industry experience with one year of lending experience. Knowledge, Skills and Abilities: Knowledge of California and out of state DMV Policy and Procedures Demonstrated computer, Microsoft Office skills Proficient mathematical and analytical skills Organizational skills sufficient to prioritize, manage workflow processes, and meet deadlines Effective human relations and professional communication skills Ability to work in fast-paced, high intensity environment Ability to communicate clearly and effectively with all groups of people Salary Range: $24.46 - $36.69 Service Excellence Standards
When joining Frontwave Credit Union, you can expect to be a part of a workforce committed to the following Service Excellence standards: We see it. We own it. We get it done. We ignite positive experiences. We do things right every time. We are collaborators - united, cohesive and engaged We innovate and evolve. We create memorable experiences for life. We starts with me.