Indirect Lending Processor

Description

Join Our Team

For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America's Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation's leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.

Summary:

Responsible for processing car loans received through a network of car dealerships. Counts and separates packages received by product and region; collecting and checking all necessary documentation; entering package information into the computer system; and resolving discrepancies prior to funding.

Education and/or Experience:

High school education or GED required

Minimum two years of disbursing experience required

Minimum one-year dealership experience preferred Essential Skills:

Proficiency in Microsoft Office

Strong writing and communication skills

Strong attention to detail

Ability to work in a fast-paced environment Job Responsibilities:

Reviews loan packages for accuracy and completion by verifying information across multiple documents, ensuring the contracted and approved rate are accurate, ensuring all stipulations have been met, verifying all DMV paperwork meets the criteria of the state the vehicle is being registered in, ensuring the information in the loan packages matches the core system if the applicant is an existing member.

Responsible for verifying vehicle and member information based on internet research of various databases, telephone listings, etc.

Enters all information from loan package into the loan application system, verifies package meets approval guidelines and if not contacts loan officers to re-evaluate

Contacts and corresponds with dealerships and other parties in order to obtain all required documents

Responsible for placing applications in the correct queues in the loan application system and communicating the status of the applications to the dealerships

Verifies all information in the core system is accurate once funding is complete and ensures cashbox is balanced each day

Performs other duties as assigned Benefits of Joining the Teachers Team:

We provide a competitive compensation and benefits package that includes, but is not limited to:

Paid time off for vacation, personal days, and holidays

Fully-funded pension plan

401(k) company contribution

Teachers pays 100% of Dental & Vision premium

Tuition reimbursement is offered to full-time employees

Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers

The good faith range for this position is $24.80 - $29.75 an hour. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.

All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.To learn more about Teachers and to view a full list of our job opportunities please visit

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