Consumer Lending Underwriter (Indirect Auto Lending)

The Indirect Lending Underwriter underwrites indirect consumer loan applications and delivers exceptional service to automobile dealerships and AAA; performs related administrative and clerical duties under the direction of the AVP, Indirect Lending in conformance with established Credit Union strategies, policies, and procedures.

Primary Responsibilities:

Performs functions, within scope of authority and expertise, to provide the highest level of service and responsiveness to members served by the Credit Union.

• Reviews indirect loan applications received from automobile dealerships and AAA; evaluates the information and makes loan decisions within the parameters of loan authority matrix and policy.

• Documents loan decisions and required provisions necessary to complete the loan.

• Relays loan decisions to dealerships and AAA in an expeditious, tactful, and professional manner.

• Actively builds professional rapport and relationships with automobile dealers and AAA via phone or in-person; responds to automobile dealer inquiries in a timely manner, provides loan decisions and funding status updates and may contact an automobile dealer on behalf of another team member on loan status, missing documentation, etc.

• Reviews, balances, and makes any necessary corrections to the department general ledger.

• Responsible for assisting in setting up all new indirect automobile dealerships and for the organization of the indirect automobile dealer files, keeping them accurate and current.

• Responsible for training members of the funding and underwriting team when necessary and/or ensuring any changes in procedures are correctly implemented.

• Works with AVP Indirect Lending to create and maintain the appropriate monthly internal Indirect Loan Reports for respective automobile dealerships as well as monthly rate analysis of the indirect market.

• Responsible for the tracking and reporting of loans paid off early, within Loan Policy guidelines, and collecting automobile dealer payments.

• Responsible for providing reports based on indirect loan exceptions including Loan to Value, Debt to Income ratios and other exceptions, as noted in the Lending Policy.

• Performs testing for updates to the loan origination software.

• Ensures time management in daily tasks to guarantee tasks and funding are completed in a timely manner.

• Keeps current regarding consumer lending development and trends as they pertain to indirect lending.

• Adheres to All One Credit Union policies and procedures. Responsible for compliance with the following regulations: BSA, OFAC, and other regulations as required.

Secondary Responsibility:

• Acts as back-up to the Indirect Lending Specialists to include all funding and scanning tasks of indirect loan processes, as needed.

• Assists with gathering Better Business Bureau and Dun & Bradstreet reports to track dealer performances.

• Assists with providing documentation for all internal and external audit examinations.

• Responds to general loan inquiries from members and employees.

Work-Life Balance, Benefits & Compensation:

We understand the importance of work-life balance, and our programs give employees peace of mind. Employees at All One Credit Union are offered a comprehensive, affordable, and competitive benefits package including a rich 401K plan offering 100% of the first 5% 401K Match contribution and 3% 401K Safe Harbor contribution. Please review our full benefits package at

This position is eligible to work remotely up to 2 days per week after 3 months of hire in accordance with the Work From Home Policy.

The expected hiring range is between $26.86 - $33.57 per hour. Actual compensation will be determined based on experience and other factors as permitted by law.