Indirect Lending Specialist MECU Oklahoma City, OK Job Details Full-time $24 - $30 an hour 1 day ago Benefits Paid holidays Health insurance Dental insurance 401(k) Flexible spending account Paid time off Employee assistance program Vision insurance 401(k) matching Opportunities for advancement Life insurance Qualifications Underwriting Mid-level Microsoft Office High school diploma or

GED TILA

Relationship management Lending 2 years Communication skills Banking Negotiation Credit analysis

Full Job Description Job Summary:

The Indirect Lender is responsible for developing, maintaining, and expanding relationships with auto dealerships and other indirect lending partners to generate high-quality loans for the credit union. This role ensures compliance with lending policies, promotes competitive loan products, and delivers outstanding service to dealers and members.

Key Responsibilities:

Establish and maintain relationships with auto dealerships and other indirect lending sources to promote the credit union's loan programs. Analyze and evaluate indirect loan applications, ensuring they meet credit union policies, risk guidelines, and regulatory requirements. Negotiate loan terms and pricing with dealers while maintaining profitability and member-friendly terms. Monitor dealer performance, ensuring adherence to credit union standards and identifying opportunities for growth or risk mitigation. Ensure smooth loan processing, funding, and member service experience. Maintain knowledge of industry trends, competitive offerings, and regulatory changes to adjust strategies and maintain a competitive edge. Provide periodic reports on loan performance, dealer relationships, and portfolio quality to management. Ensure compliance with all federal and state regulations, including but not limited to the Truth in Lending Act (TILA), Fair Credit Reporting Act (FCRA), and Equal Credit Opportunity Act (ECOA). Complete all funding documentation with all stipulations.

Qualifications:

Education:

High school diploma or equivalent

Experience:

Minimum of 2 years of experience in indirect lending, automotive financing, or a related field. Credit union or banking experience is highly desirable.

Skills & Competencies:

Strong knowledge of loan underwriting, credit analysis, and risk assessment. Excellent communication, negotiation, and relationship management skills. Ability to work independently and travel as needed to meet with dealership partners. Strong problem-solving and decision-making abilities. Proficiency in loan origination systems and Microsoft Office Suite. Knowledge of applicable regulatory requirements and compliance standards.

Work Environment:

This role requires travel to various dealership locations. May require occasional evening or weekend hours.

Benefits:

Competitive salary and incentive structure Health, dental, and vision insurance 401(k) with employer match Paid time off and holidays Professional development and career growth opportunities

Job Type:

Full-time Pay:

$24.00 - $30.00 per hour Expected hours: 40 per week

Benefits:

401(k) 401(k) matching Dental insurance Employee assistance program Flexible spending account Health insurance Life insurance Paid time off Vision insurance

Schedule:

Monday to Friday Weekends as needed

Work Location:

In person