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Valley Bank · 17 hours ago

Indirect Auto Loan Servicing Rep

Fairfield, NJ

Full-time

Onsite

Entry Level

2+ years exp

Valley Bank is a leading relationship bank built for growth, focusing on clients' and associates' potential. The Indirect Auto Loan Servicing Rep is responsible for post-closing review and booking of consumer loan products, ensuring accuracy and completeness of loan documentation, and resolving customer account issues.

Banking

H1B Sponsor Likely

Responsibilities

Review loan documentation to ensure accuracy and completeness including amount, rate, term, vehicle descriptions, signatures and approvals

Discount loans for booking. Compare amount financed to Dealer contract terms and calculate the loan amount financed when there is a difference in the loan approval terms. This includes amount financed, term and interest rate

Book and fund loans

Reconcile daily loans that are booked and funded to be in proof prior to submitting ACH funding file

Resolve customer account issues

Enters loan documentation into Harland, Dealer Track and Route One systems and follow up with auto dealerships for missing or corrected documents

Ensure that loan officers' approval and conditions have been met

Review underwriting exceptions with the Underwriting staff and resolve prior to booking loans

Performs quality control of loans booked to ensure accuracy of set-ups in Miser and Smart Search. Ensure customer information has transferred from Harland system and that loan is booked and funded

Qualification

Indirect Auto Lending knowledgeHarland to Miser systemLoan documentation reviewBasic math skillsPC skillsCommunication skillsAttention to detailOrganizational skillsInterpersonal skills

Required

Knowledge of lending terminology and loan documents used in Indirect Auto Lending

Ability to book, fund, and research information on indirect auto loans on the Harland to Miser system including field changes/modifications when necessary and history information

Ability to read and interpret documents such as credit applications, approvals, loan documents, letters and procedure manuals

Good communication skills both written and verbal

Strong phone skills

Basic math skills

Strong attention to detail

Basic PC skills using Microsoft Office, Word, Excel, and Outlook

Ability to organize - prioritize daily work assignments

Ability to handle multiple priorities simultaneously

Ability to use strong interpersonal skills to clarify instructions from Auto Dealer Services and other bank representatives to resolve problems and correct discrepancies

High School Diploma or GED and a minimum of 2 years' loan servicing experience

Preferred

Bookkeeping or accounting experience preferred

Associates Degree preferred

Company

Valley Bank

Glassdoor3.2

Valley National Bank is a regional financial institution

Founded in 1927

Wayne, New Jersey, USA

1001-5000 employees

https://www.valley.com/

H1B Sponsorship

Valley Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (18)

2024 (13)

2023 (7)

2022 (11)

2021 (5)

2020 (5)