Auto Loan Underwriter (12:00 - 9:00 Pm MST)

Indirect Auto Underwriter Job Description Position: Indirect Auto Underwriter Schedule: Must be available for weekends and 12:00 PM – 9:00 PM MT shift

Overview

The Indirect Auto Underwriter is responsible for evaluating and decisioning indirect auto loan applications, working closely with dealership partners and credit unions to ensure sound lending practices, strong relationships, and efficient funding. This role requires a deep understanding of consumer lending, risk assessment, and the end‑to‑end underwriting process in an indirect environment.

Key Responsibilities

Underwriting & Decisioning

• Review individual queues to evaluate dealer and credit union applications.
• Analyze borrower credit profiles and break down credit criteria, including credit bureaus, income, DTI, LTV, PTI, dealer risk, and other underwriting factors.
• Render decisions (approve, decline, counteroffer) within established underwriting criteria and approval authority limits.
• Apply and document decisions accurately across multiple loan origination systems, including Temenos, Keystone Correlation, MeridianLink, and Excel.
• Evaluate and respond to second‑look requests in alignment with lending and exception guidelines.
• Follow up on approved applications to maximize funding ratios and capture rates.

Communication & Relationship Management

• Maintain regular communication with dealers and credit union partners to gather required information and clarify underwriting conditions.
• Develop and sustain strong working relationships with credit union representatives to negotiate acceptable loan terms between dealership and lender.
• Engage with members and dealers to collect missing items, stipulations, and documentation.
• Accurately track and document all inbound and outbound communication.

Operational Support

• Prepare and send completed loan packages to credit unions for final funding.
• Support operations in processing, funding, compliance, call center needs, and special projects.
• Monitor dealer productivity and assist in improving look‑to‑book ratios.
• Contribute to departmental goals such as turnaround times, funding efficiency, and loan volume.
• Mentor and support Credit Analyst I team members as needed.

Qualifications

Required

• Ability to work weekends and a 12:00 PM – 9:00 PM MT shift.
• Minimum 2 years of true indirect underwriting experience with independent decision‑making authority.
• 3–5 years of recent auto underwriting experience in a financial institution or consumer lending environment.
• Strong ability to break down credit bureaus and calculate borrower income.
• Knowledge of loan‑to‑value ratios and consumer lending risk factors.
• Experience with loan origination systems such as L360, CUDL, IDEAL, Keystone Correlation, LBQ, MeridianLink, or similar platforms.
• Knowledge of financial industry regulations, policies, and compliance requirements.

Preferred

• Prior experience in processing and funding within a financial institution.
• Experience in point‑of‑purchase or indirect auto lending or leasing.
• Familiarity with indirect dealer networks and credit union partnerships.

Soft Skills

• Strong analytical and problem‑solving abilities.
• Excellent verbal and written communication skills.
• Ability to multitask in a fast‑paced, high‑volume environment.
• High level of accuracy, attention to detail, and professional judgment.
• Relationship‑focused mindset with a customer‑service orientation.

Job Type & Location This is a Contract to Hire position based out of Chicago, IL. Pay And Benefits The pay range for this position is $27.00 - $29.00/hr. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following:

• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a fully remote position. Application Deadline This position is anticipated to close on Mar 20, 2026. h4>About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opport

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