Job Description
Job Description Company Description
Quantum Credit Union has been serving the financial needs of our community since 1938, originally founded to assist employees in the communication industry. Now open to the broader community, we offer a full range of banking services to help our members achieve financial well-being. As a not-for-profit credit union, we prioritize people over profits and are committed to fostering stronger financial health for all members. With a mission-driven culture, our team takes pride in building trusted relationships and delivering exceptional service. Join us in our effort to help individuals and communities "Find Your Yes!"
Position Summary
Quantum Credit Union is seeking a detail-oriented and service-focused Indirect Loan Processor to join our lending team in Wichita, Kansas.
The Indirect Loan Processor is responsible for the accurate and timely processing, documentation, and funding of indirect consumer loans submitted through the Credit Union's dealer network. This position works closely with dealerships, lending staff, and other Credit Union departments to ensure loan packages are complete, properly documented, and funded in accordance with Credit Union policies, procedures, and applicable regulatory requirements.
This position plays an important role in providing a high level of service to our dealer partners while helping protect the Credit Union from operational, compliance, and documentation risk.
Job Duties
- Review approved indirect loan applications and dealer funding packages for completeness, accuracy, and compliance with credit union requirements.
- Verify loan terms, interest rates, amount financed, collateral information, borrower information, and other documentation against the approved loan decision.
- Review purchase agreements, retail installment contracts, title, insurance, membership forms, income verification, identification and other required loan documents.
- Identify missing, incomplete, or inconsistent documentation and communicate with dealerships to obtain corrections or additional information.
- Ensure all approval conditions and underwriting stipulations have been satisfied before funding.
- Prepare, review, and finalize loan documentation within the credit union's core processing and lending systems.
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Fund completed indirect loans accurately and within established service expectations.
- Communicate professionally and promptly with dealership finance personnel regarding loan status, documentation requirements, funding questions, and corrections.
- Scan and maintain accurate records and documentation in accordance with credit union record-retention requirements.
- Follow credit union lending policies, procedures, internal controls, and applicable consumer lending regulations.
- Perform other duties as assigned
Qualifications
- High school diploma or equivalent required.
- Loan processing, loan underwriting, or dealership experience preferred.
- Excellent oral and written communication skills.
- Ability to multitask.
- Proficient in organization and attention to detail.
- Present a positive image of the Credit Union by being professional and courteous.
Benefits
- 401(k) with employer matching
- Health insurance
- Dental insurance
- Vision insurance
- Life insurance
- Paid time off
- Paid holidays
- Sick leave
Schedule
- Full-time
- Monday through Friday
- Rotating Saturdays
Job Type: Full-Time
Work Location: In-Person in Wichita, KS
Quantum Credit Union is an Equal Opportunity Employer committed to providing an inclusive workplace free of discrimination based on military or veteran status, disability, race, color, religion, sex, age, national origin, pregnancy, genetic information, sexual orientation, gender identity, or any other classification protected by applicable local, state, or federal law.