What are the responsibilities and job description for the Indirect Lending Manager position at POINT BREEZE CREDIT UNION?
Point Breeze Credit Union is currently seeking an Indirect Lending Manager to join our team!
Point Breeze Credit Union offers easy, reliable banking by helping our members save time and money. This starts with a dedicated and engaged team of employees who have a shared passion for helping each other and our members. As employees of Point Breeze Credit Union, we follow the Rules of the Road: Deliver Quality and Value, Focus Our Efforts, Participate and Be Candid, Take Responsibility, and Be Kind.
Essential functions in the Indirect Lending Manager role are:
- Oversee Indirect Lending department personnel located in the Hunt Valley office. Responsible for scheduling and assigning work.
- Dealership Management: Establishing and maintaining relationships with auto dealers to grow the loan portfolio.
- Manage third party relationships with Lending Solutions Inc. (LSI) and Origence (CUDL). Responsible for updating rates, notification of special promotions and policy updates.
- Compliance & Risk Mitigation: Ensures all loans comply with state/federal regulations, monitors portfolio performance. Maintains or reviews loan documentation in the member’s file, ensuring all policies and procedures are followed
- Prepare monthly and quarterly Indirect Lending reports.
- Underwrite indirect loan applications by reviewing credit report and analyzing the information provided.
- Inform and explain loan decisions and stipulations to dealer representatives via the Origence CUDL system or over the phone. Ensure that all loan documentation is complete before processing the loan request.
- Funding & Processing: Reviewing contracts for accuracy to ensure quick funding
- Adhere to all credit union compliance requirements, including Bank Secrecy Act (BSA) guidelines and regulations as explained and as appropriate for the position.
- Perform other lending and administrative related duties as assigned by the Vice President, Lending.
The role of Indirect Lending Manager is in Exempt Pay Grade 12 (starting rate $74,540 - max rate $111,810). Incumbents are placed within range based on experience.
Qualifications:Qualified candidates will have:
- High School Diploma or equivalent.
- Familiarity with consumer loan products and features.
- Minimum 3-4 years' experience in indirect lending.
- Experience with Origence (CUDL) or similiar platform.
- Supervisory experience preferred.
- Previous credit training preferred.
- Analytical skills to conduct preliminary analysis of an applicant's financial condition.
- Excellent interviewing, telephone and interpersonal skills.
- Excellent attention to detail.
- Good organizational skills and the ability to supervise others.
- Proficiency in Microsoft Excel and Word applications.
Salary : $74,540 - $111,810