About this opportunity
Ent Credit Union | Wings lists this GAP Administration Processor opportunity in colorado springs, Colorado. Review the employer’s description below for duties, qualifications and application requirements.
Job description
GAP Administration ProcessorThe GAP-Administration Processor will focus primarily on the Indirect department's Dealer Guaranteed Asset Protection (GAP) Refund process. The primary focus of this position will be the distribution and data entry of Indirect Dealer GAP Contract cancellations to the GAP Providers and selling Dealers, the balancing of GLs and the processing of refund checks. In addition, the Gap-Administration Processor will track, document, and assist with collection activity on aged, unresolved refunds due. This entails processing an average of 800 new GAP cancellations for up to $400,000.00 per month in addition to all aged/unresponsive dealer cancellations what will need to be collected on. Essential FunctionsCoordinates Indirect GAP cancellations through both the Dealer and Provider.Track and Audit GAP refunds, Balance GLs and Process ChecksCollect outstanding Gap Cancellations from Indirect Dealer.Answer member/dealer questions and resolve issues.Research Gap policies/documents and cancellation discrepancies.Adjust/Balance General Ledgers.Deposit/Cut Checks/ Transfer funds for Gap refunds to current and prior members.Bank Secrecy Act: Remains cognizant of and adheres to Wings policies and procedures, and regulations pertaining to the Bank Secrecy Act.Minimum Formal Qualifications for this Position:High School Diploma/G.E.D., required4+ years' general lending, loan, or equivalent work experience, required to include: 3+ Consumer lending processing, accounting or auto dealer financing, required1+ GAP experience, preferred1+ years' quality control experience, preferred1+ years' collections experience, preferredTechnical or Specialized Knowledge/Skills:Knowledge of Indirect Lending practices, policies, and procedures.Attention to detail and mathematical accuracy.Understanding of regulatory demands relevant to indirect lending preferred.Ability to recognize and mitigate potentially fraudulent activity using available tools (i.e. Fraud Shield).Knowledge of the Microsoft office suite with particular focus on Microsoft Excel.Knowledge of loan documentation.(preferred) Symitar / Akcelerant experience.(preferred) Knowledge of Ent lending systems.(preferred) Experience with General Ledger balancing & check cutting.Additional InformationPAY RANGE: $25 to $29 per Hour, plus monthly incentives, and 3% annual target bonus. Final compensation for this position will be determined by various factors such as relevant work experience, specific skills and competencies, education, certifications, location and internal pay equity. BENEFITS:Generous 401(k) match401k Discretionary Profit SharingHealth InsuranceDental InsuranceVision InsuranceLife InsuranceShort Term and Long Term DisabilityHealth Savings Account with company contributionEmployee Assistance ProgramPaid Vacation, Sick, Floating Holidays and Volunteer Time OffPaid HolidaysTuition ReimbursementPaid Parental LeaveWe anticipate this position to close on 10/05/2026. Please submit your application at your earliest convenience to be considered. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
Worksite address
colorado springs, CO, 80921, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.