Abound Credit Union · 2 weeks ago
Indirect Loan Specialist
Abound Credit Union is committed to serving hardworking Kentuckians and is seeking an Indirect Loan Specialist to join their team. The role involves processing loans from approved dealers, maintaining communication with members and dealer partners, and ensuring compliance with loan documentation and account opening procedures.
CommunitiesFinancial ServicesNon Profit
Responsibilities
Demonstrates strong teamwork and daily collaboration to achieve shared goals and maintain workflow efficiency
Maintains an extensive and detailed knowledge of all Credit Union products and services, ensuring clear communication with members and Indirect dealer partners, while also staying up to date on competitor products and services
Demonstrates proficiency in performing financial calculations, including income assessments, loan to value ratios, and interest rates
Accurately reviews loan documentation to verify the presence and correctness of all required forms and loan amounts; organizes documents in the proper order and submits completed applications for disbursement
Possesses extensive knowledge of account opening requirements and identification verification procedures. Responsible for opening new accounts and disbursing approved loans
Ensures the accurate completion of all Indirect loans and account openings in accordance with compliance guidelines and policies, demonstrating a thorough understanding of the relevant procedures and regulations
Builds and maintains professional relationships with Indirect dealer partners, communicating effectively by phone and email
Effectively communicate with members regarding their loans via phone, provide assistance with any inquiries and collaborate with other departments to ensure timely resolution of any issues
Qualification
Required
Minimum High School Diploma or GED
Able to clearly communicate Credit Union products and services
Eager to pursue learning and training opportunities related to the positions
Able to analyze member accounts
Experience with Excel, Adobe PDF, Microsoft Word, Microsoft Outlook, and JD Power
Able to accurately calculate income totals and percentages
Self-motivated, enthusiastic, and proactive, with a willingness to support others and work in a team-oriented environment
In-depth knowledge of consumer loan policies and procedures
Friendly and outgoing, with the ability to interact with members and dealers courteously and maintain professionalism in all situations
Able to communicate clearly, both verbally and in writing
Benefits
Great Salary
Pension
Health, Dental, Vision and Other Insurance Coverage
Paid Personal Time Off
Paid Holidays
Life Insurance
Short and Long-Term Disability
401(k) with matching funds
Tuition Reimbursement
HSA, FSA, and Dependent Care Spending Accounts
Company
Abound Credit Union
Abound Credit Union is a not-for-profit financial cooperative that has been serving communities in Kentucky since 1950.
Funding
Current Stage
Growth StageRecent News
Bank Innovation
2025-08-07
2025-07-15
GlobalFinTechSeries
2025-07-14
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