Indirect Auto Loan Servicing Rep

Valley National Bancorp Fairfield , NJ 07004

Posted 2 weeks ago

Responsibilities include but are not limited to:

  • 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.

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Indirect Auto Loan Servicing Rep

Valley National Bancorp