Municipal Credit Union | Indirect Lending Credit ...

About MCU: At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 600,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people. About the job: Overview: The Indirect Lending Credit Analyst will be responsible for conducting careful risk analysis on loans and exercise judgement based on experience to approve or deny loan files ensuring that they meet the various loan program requirements. With limited supervision, effective and comprehensively research, analyze and underwrite applications for consumer loans. Responsible for building member and dealership relationships by cross selling MCU's products and services. Responsibilities : Specific duties include, but are not limited to, the following: Evaluates auto loan applications submitted by dealerships and makes credit decisions within lending authority and in accordance with internal policies and procedures, as well as, federal and state regulations. Manage credit risk and quality of loan portfolio by utilizing strong attention to detail and applying thorough analysis and independent judgement on decisions of presented loan applications while complying with MCU's credit policies and procedures. Works under limited supervision; acquires and applies intermediate knowledge of the business, its products and processes. Uses established procedures and significant job experiences to perform work assignments and problem resolution. Utilize underwriting skills to capture loan approvals, counter offers and denials, while effectively maintaining positive dealer relationships when decisioning credit applications. Build, maintain and strengthen relationships with dealership personnel via telephone and electronic correspondence. Represent and sell the MCU brand by relaying our commitment to excellent member service and dependability. Evaluates current processes and procedures for accomplishing department objectives to develop and implement improved practices. Maintain expected application efficiency and loan conversion ratios. Analyze application approval trends. Prepare monthly and weekly report on Indirect Lending program as requested. Actively support and promote the MCU Strategic Plan by promoting a unified workforce through a culture of teamwork among peers and help grow our market share through new member acquisition. Work closely with the Indirect team Employ a strong sense of urgency and ownership, and demonstrate a highly professional work ethic in all facets of completing work duties. Adhere to all regulatory compliance training inclusive of BSA/AML/OFAC and overall BSA/AML/OFAC compliance. Perform other duties as required. Requirements : 2-5 years of Indirect Industry experience College education preferred or significant job specific experience Knowledge of indirect lending industry standards Familiar with state and federal regulations concerning lending Ability to work evenings, Saturdays and some holidays as scheduled Competencies : Excellent organization skills Ability to work in a fast paced environment Excellent oral and written communication skills Proficiency in Microsoft Office Suite. Strong sales and negotiation skills with professional demeanor Ability to think and work independently Why you'll be a good fit: Our Core Values are an integral part of who we are and who we hire. By living our Core Values, every day, we continue to attract the best and brightest talent, achieve unsurpassed results and continuously challenge ourselves to be better than yesterday. These values are at the heart of our organization and within every teammate. To be a great fit, you'll bring the following: Results - You'll look to achieve the best outcomes for our members. Continuously track and measure everything, and use it to always improve. Be proactive, not reactive. Agility - You'll remain agile in your decision making, planning, and delivery; using curiosity and creativity to see situations from all perspectives. Integrity - You'll act professionally and positively. Build trust, be upfront and communicate thoroughly. Teamwork - You'll work to achieve common goals as part of ONE TEAM. Ownership - You'll hold yourself and others accountable and remain committed to our obligations while caring about the outcomes as much as an owner would. Belonging - You'll embrace and environment in which any individual or group can be and feel welcomed, respected, supported and valued. We stand by our mission to connect our members and communities with an exceptional financial future and we are looking for individuals who share this same purpose to take this journey with us. What we can offer you: Competitive compensation, medical and dental benefits. 401K with employer match Flexible paid time off We are committed to hiring, training, cultivating, promoting, and celebrating an environment where we have a welcoming and fulfilling place for all people to call home. Diversity of race, thought, sexual orientation, age, veteran status, religion, and disability will empower us to thrive as individuals, as teams, and as an organization. Municipal Credit Union (MCU) is an Equal Opportunity Employer. Municipal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Created: 2024-12-09