Sunward · 5 days ago
Indirect Processor 1
Albuquerque,NM,US
Full-time
Onsite
Entry Level
1+ years expSunward is a company focused on consumer lending, and they are seeking an Indirect Processor 1 to play a pivotal role in processing and originating indirect loan applications. The role involves verifying loan files, analyzing documentation, and ensuring compliance with regulations while also handling dealer interactions and funding loan requests.
BankingFinancial ServicesNon Profit
Responsibilities
Process loans are initiated by third party partners
Verify loan files for accuracy, completeness and to ensure compliance with all federal and state requirements including but not limited to interest rate, collateral value, payment calculation, payment schedule
Input loan data into the system
Analyze supporting documentation, utilize credit reports to verify accuracy of loan application, and forward non-automated response loans to Loan Officer for underwriting
Verify and inspect collateral offered
Calculate loan payments, determine loan to value (LTV) and make loan changes to secure a clear lien position
Conducting callbacks to members and dealers
Perform other duties as assigned by management
Verify dealer reserve fees and promotional charges
Open new membership accounts as needed
Act as primary contact for vendor to verify current membership and/or pre-approved loan status
Fund completed loan requests
Qualification
Required
Excellent interpersonal skills
Excellent organizational skills and attention to detail
Strong proficiency with Microsoft Office applications
Familiar and comfortable with information technology, particularly digital means of communication
Strong analytical and problem-solving skills
Basic knowledge of consumer loan products, regulations, and market trends
Basic knowledge of compliance with federal and state lending regulations (e.g., Equal Credit Opportunity Act, Fair Lending, Truth in Lending Act)
Minimum one year's experience in financial institutions or related experience
Minimum high school diploma/GED or more than one year of related experience
Prolonged periods of sitting at a desk and working on a computer
Must be able to lift 5 pounds at times
Company
Sunward
Sunward, formerly known as Sandia Laboratory Federal Credit Union (SLFCU), is one of New Mexico’s largest credit unions, serving 170,000+ members and managing more than $4.1 billion in assets.
501-1000 employees
H1B Sponsorship
Sunward 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
Represents job field similar to this job
Trends of Total Sponsorships
2022 (2)
Funding
Current Stage
Late StageLeadership Team
Zachary Hill
Interim CTO
Chris Linford, SPHR
Chief People Officer
Recent News
2025-05-08
Sandia Laboratory Federal Credit Union
2025-04-10
GlobeNewswire
2024-12-29
Company data provided by crunchbase