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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/12317880

Department: Dealer Services Grade: 7

Reports To: Dealer Services Supervisor Classification: Non-Exempt

Supervises Direct: 0 Supervises Indirect: 0

Approved By: Vice President of Human

Resources Effective Date: 09/01/2012

Revised Date: 11/08/2023

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:

1st MidAmerica Credit Union

Structured Compensation - Job Description

Dealer Services Analyst

Data Year: 2025

Prepared On: 11/04/2024

Confidential Page 1 / 2

Experience Two years of similar or related experience in lending environment processing, funding,

underwriting loans.

Education A high school education or GED.

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.

Physical

Requirements

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.

This Job Description is not a complete statement of all duties and responsibilities comprising the position.

DatePrinted Employee Name

Employee Signature

1st MidAmerica Credit Union

Structured Compensation - Job Description

Dealer Services Analyst

Data Year: 2025

Prepared On: 11/04/2024

Confidential Page 2 / 2

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