National Police Federal Credit Union · 1 day ago
Lending Services Representative
Chicago, IL
Full-time
Onsite
New Grad, Entry LevelNational Police Federal Credit Union is seeking a Lending Services Representative to support multiple servicing functions within the Lending Department. This role is essential for ensuring seamless lending operations while safeguarding the Credit Union’s security interests on secured loans and providing outstanding member service.
LendingFinanceCreditFinancial Services
Responsibilities
To track and provide support as needed to ensure secured consumer loan lien perfection. Perform lien releases for paid secured loans including the posting of incoming dealership checks
Perform accurate file maintenance and provide appropriate member notifications as required by policy while fielding member inquiries related to various lending tasks
Maintain open communication channels with members, third party vendors, co-workers, and management
To review and process Collateral Placed Insurance (CPI) reports and invoicing from Allied Solutions for secured consumer loans as well as mortgage loans
Contact members before the final placement of CPI, add CPI to uninsured loan accounts, prepare loan modifications as needed, and ensure proper credits are issued by Allied when coverage is cancelled. Provide documentation updates to Allied Solutions where borrower insurance exists (if available)
Maintain the monthly End of Watch qualification report, ensuring accounts are coded correctly and the signed waiver is in file
Provide primary and back-up support as needed for department production reporting. Perform other related duties as assigned
Qualification
Required
Excellent organizational and time management skills
Superior communication abilities
Attention to detail
Comprehensive knowledge of credit union products and services
Company
National Police Federal Credit Union
National Police Federal Credit Union serves over 42,000 members and has assets in excess of $575 million.
Founded in 1938
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase