Job Information
Illinois Employer Dealer Services Analyst in East Alton, Illinois
This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12157501
Confidential Page: 1/ 2
1st MidAmerica Credit Union
Structured Compensation - Job Description
Dealer Services Analyst
Role:
Receives and processes loan applications from dealers of the Indirect Program and makes the determination to
approve or deny indirect loans within authorized limits. Records loan applications and documentation in the
data
processing systems. Updates and maintains loan account information. Builds and maintains a good rapport
with
the existing dealers of the indirect program and keeps them informed of current loan rates, terms and
procedures.
Essential Functions & Responsibilities:
E 40% Assumes the responsibilities of the analyst during time of high volume. Analyzes a loan
applicant\'s credit worthiness by reviewing credit bureaus reports, credit score and verifying
information included on the loan applications, as necessary to determine feasibility of
granting
loan. Makes determination to approve or deny indirect loans within authorized limits.
Informs
dealer of loan decision including any changes or restrictions.
E 40% Receives indirect loan applications from dealer of the Indirect Program and esnures
documents
are complete and accurate according to policies and compliance regulations. Responsible for
entering application data into the lending software and core systems.
E 10% Cultivates a good rapport with current and potential dealer partners of the Indirect Program.
Responsible for dealer relationship building through dealer visits and phone calls. Ensures
program changes are communicated effectively and timely, including loan rates, terms and
procedures.
E 10% Assumes additional responsibilities during times of high volume and assists, when necessary
with reporting, task management, dealer engagement promotions, and other job-related
duties as assigned.
Performance Measurements:
1.
To ensure all documentation is completed in compliance with credit union policy and regulatory
guidelines.
2. To fund, organize and complete member loan files in a consistent and timely manner with accuracy.
3. To maintain a reputation as a quality partner within the dealer network.
4. To maintain a working knowledge of the credit union\'s loan standards and guidelines.
5. To maintain a dependable record of attendance and timeliness.
Knowledge and Skills:
Experience Two years of similar or related experience in lending environment processing, funding,
underwriting loans.
Education A high school education or GED.
Confidential Page: 2/ 2
Interpersonal
Skills
Work involves much personal contact with others inside and/or outside the organization for
the purpose of first-level conflict resolution, building relationships, and soliciting
cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring
diplomacy and tact in communication.
Other Skills Knowledge of legislation, regulation, policies and procedures pertaining to lending practices.
Basic understanding of the collection process
Complete knowledge of the indirect lending program.
Knowledge of lending software and data processing systems.
Proficient with Microsoft products including Outlook, Word and Excel.
Intermediate math skills, capable of calculations involving decimals, percentages and
fractions
Skilled in typing, 10-key and filing.
Work
Environment
Work frequently involves exposure to dust and time spent outside
May require working irregular hours with limited notice
Travel may be required both locally and out-of-state/overnight
Disclaimer:
Must be able to work and travel to different credit union locations as determined by management.
Th is Job Description is not a complete statement of all duties and responsibilities comprising the
position.