Jr Underwriting/Funding Specialist at Drivata

Moline, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

22 Apr, 26

Salary

0.0

Posted On

22 Jan, 26

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Critical Thinking, Attention To Detail, Communication Skills, Organizational Skills, Customer Service, Problem Solving, Learning Agility, Teamwork, Professionalism, Accountability, Technology Proficiency, Fraud Detection, Data Entry, Regulatory Compliance, Loan Processing, Documentation Review

Industry

Financial Services

Description

Description About Drivata Finance Drivata Finance is a high-performance Credit Union Service Organization (CUSO) dedicated to supporting credit union partners by originating, underwriting, and funding indirect auto loans across the Midwest. We are data-driven, ethically grounded, and committed to enhancing the borrower and dealer experience through compliant, efficient processes and exceptional service. Position Summary The Junior Underwriting/Funding Specialist provides critical support in the processing, review, and funding of indirect auto loan applications. This is an entry-level role ideal for candidates with strong critical thinking skills, attention to detail, and a desire to learn the fundamentals of consumer lending operations. Under senior staff guidance, this individual will help review applications, validate documentation, and ensure that funded loan packages meet credit union and regulatory standards. Requirements Key Responsibilities Underwriting Support: Assist in the review of indirect auto loan applications to ensure completeness and accuracy. Learn and apply credit union underwriting guidelines and regulatory compliance requirements. Support the calculation and verification of applicant information (income, collateral, DTI/LTV) under supervision. Flag applications requiring additional information or review by senior underwriters. Develop skills in identifying potential fraud indicators through training and mentoring. Funding Support: Review loan packages for completeness and ensure required documentation (insurance, title work, purchase agreements) is present before funding. Verify that approvals match stipulations provided by the underwriter. Communicate with dealer finance managers to request missing or corrected documents professionally. Assist in entering accurate data into the Loan Origination System (LOS) and digital document management platforms. Support the funding process to ensure contracts are processed within required SLAs. General Duties: Maintain organized records in compliance with NCUA and credit union retention policies. Participate in training sessions to build knowledge in underwriting, funding, and compliance standards. Collaborate with team members to meet department performance goals. Uphold Drivata’s service standards when communicating with dealers, partners, and colleagues. Qualifications & Experience High school diploma or equivalent required; associate or bachelor's degree in business, Finance, or related field preferred. No prior lending experience required training provided. Strong critical thinking and problem-solving skills with a demonstrated ability to learn quickly. High attention to detail and organizational skills. Professional written and verbal communication skills. Comfort with technology, including Microsoft Office Suite and the ability to learn LOS and document management systems. Preferred Attributes Customer service or administrative experience in a financial or retail setting. Exposure to loan or credit-related work through coursework, internships, or prior jobs. Bilingual in English and Spanish (preferred but not required). Core Competencies Learning Agility: Demonstrates the ability to learn new systems, processes, and regulations quickly. Critical Thinking: Approaches problems logically and considers multiple solutions. Detail Orientation: Maintains accuracy when reviewing data and documents. Teamwork: Works collaboratively with peers and supervisors. Professionalism: Maintains a positive, service-oriented attitude in all interactions. Accountability: Takes ownership of assigned tasks and follows through to completion. Equal Opportunity Employer Drivata Finance is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status, and will not be discriminated against based on disability.

Responsibilities

The Junior Underwriting/Funding Specialist assists in processing, reviewing, and funding indirect auto loan applications. They ensure that loan packages meet credit union and regulatory standards while developing skills in underwriting and funding.