Temporary Consumer Loan Funder

Temporary Consumer Loan Funder

Redwood Credit Union is looking for a Temporary Consumer Loan Funder I, who will be responsible for planning, preparing and organizing consumer loan documentation to ensure accurate and expeditious loan closings while providing superior Member service.

Key Responsibilities

Funding Loans :

• Responsible for the timely and accurate coordination, processing and funding of all loan files including reviewing and interpreting underwriting conditions.
• Receive funding packets as assigned by department and manage funding from various incoming channels.
• Analyze Loan approval conditions in loan origination system (LOS). Verify the accuracy and integrity of all loan data entered into the system including but not limited to Membership, names, addresses, government monitoring information, loan information (i.e. loan amount, interest rate, terms, KBB / NADA / Black Book / MSRP information, income, etc.).
• Manage and continue to maintain all data and updates within the LOS throughout the funding process.
• Communicate and follow-up with Members / vendors regarding loan status and request and manage the timely return of required documentation needed to fund loan.
• Discuss loan options and programs with Members and vendors to ensure quality Member service.
• Identify cross sell opportunities that will benefit Member.
• Analyze credit report, credit applications to ensure credit requirements and loan policies are met.
• Verify Members income by paystubs and / or analyze personal and business tax returns to ensure income and loan policy requirements are met.

Department and Consumer Loan Officer Support :

Other functions :

About Redwood Credit Union (RCU)

At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well-being of our Members through better rates, low or no fees, and best-in-class customer service. Our purpose is to inspire hope and elevate the financial well-being of our communities one person at a time, through good times and bad.

As a not-for-profit financial institution, we are committed to a people-first approach, which is reflected not only in how we serve our Members, but also in how we treat our employees. Our leadership team is deeply focused on fostering a culture of heart and empathy, integrity, passion, inclusion, meaningful relationships, excellence, and ensuring financial well-being for all.

Why work for Redwood Credit Union?

Minimum Qualification : Knowledge, Skills and Abilities

Thorough knowledge in the use of Internet-based loan origination software.

Knowledge of lending principles, practices, rules, regulations, and sales.

Ability to calculate income from paystubs, tax returns and or business returns.

Knowledge of compliance requirements.

Skill in the operation of personal computers and general office equipment.

Ability to communicate effectively both verbally and in writing.

Ability to establish and maintain effective working relationships with a diverse group of people including vendors and other Credit Union team members.

Ability to act independently and confidentially, using discretion and tact.

Ability to analyze situations and recommend workable solutions.

Ability to coordinate a variety of activities simultaneously and prioritize work.

Ability and desire to work in and contribute to a team environment.

The ideal candidate has a combination of education and experience equivalent to a high school diploma, plus a minimum of two years' experience in consumer lending industry or closely related field.

Compensation : Base starting range : $23.00 to $31.00 hourly commensurate with experience.

Physical Requirements :

We are an Equal Opportunity Employer