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Open Lending Jobs in Tennessee (NOW HIRING)

Collection Clerk

Memphis, TN · On-site

$15 - $19.75/hr

This position will also assist the Open Lending Team with filing claims or reporting. The Collection Clerk must adhere to all Bank policies, procedures, and compliance regulations. SKILLS REQUIRED ...

Collection Clerk

Memphis, TN · On-site

$15 - $19.75/hr

This position will also assist the Open Lending Team with filing claims or reporting. The Collection Clerk must adhere to all Bank policies, procedures, and compliance regulations. SKILLS REQUIRED ...

Collection Clerk

Memphis, TN · On-site

$15 - $19.75/hr

This position will also assist the Open Lending Team with filing claims or reporting. The Collection Clerk must adhere to all Bank policies, procedures, and compliance regulations. SKILLS REQUIRED ...

Mortgage Loan Officer Position Summary Lending Hand Mortgage is seeking a motivated and ... Attend networking events, open houses, and community activities to generate business. * Deliver ...

Mortgage Loan Officer Position Summary Lending Hand Mortgage is seeking a motivated and ... Attend networking events, open houses, and community activities to generate business. * Deliver ...

Working within established lending requirements, the incumbent evaluates projects against agency ... This role has multiple levels, open to candidates with a minimum one year of mortgage, sales, real ...

Sales and Service Associate

Kingsport, TN · On-site

$14.25 - $19/hr

... opening and maintenance activities. * Familiarity with all federal and state banking regulations pertaining to lending and consumer finance, including fair lending laws, the Bank Secrecy Act, and the ...

Sales and Service Associate

Kingsport, TN · On-site

$14.25 - $19/hr

... opening and maintenance activities. * Familiarity with all federal and state banking regulations pertaining to lending and consumer finance, including fair lending laws, the Bank Secrecy Act, and the ...

Lead Member Services Officer

Whiteville, TN

$17.25 - $21/hr

Completion of Consumer Lending Program (CLP) courses. Passing score on CLP Exam required within 6 ... Open and process maintenance on tax advantaged accounts, process foreign and domestic wire ...

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Showing results 1-20

Open Lending information

See Tennessee salary details

$22.7K

$38.2K

$57.2K

How much do open lending jobs pay per year?

As of Aug 27, 2026, the average yearly pay for open lending in Tennessee is $38,199.00, according to ZipRecruiter salary data. Most workers in this role earn between $31,800.00 and $40,800.00 per year, depending on experience, location, and employer.

What is Open Lending?

Open Lending is a financial technology company that provides loan analytics, risk-based pricing, and automated decision technology for automotive lenders. Their primary service is the Lenders Protection™ program, which helps lenders approve more loans to near-prime and non-prime borrowers by providing default insurance and advanced risk modeling. This enables financial institutions to safely increase their auto loan portfolios while managing risk. Open Lending partners with banks, credit unions, and other automotive lenders to optimize their lending strategies and expand access to credit.

What are some common challenges faced by professionals working in Open Lending roles, and how can they be addressed?

Professionals in Open Lending roles often encounter challenges such as managing complex borrower profiles, keeping up with regulatory requirements, and ensuring the accuracy of risk assessments. To address these, it’s important to stay updated on industry compliance standards, collaborate closely with underwriting and risk teams, and leverage advanced analytics tools provided by the organization. Effective communication and continual learning are key to navigating these challenges and contributing to a successful lending process.

What are the key skills and qualifications needed to thrive as an Open Lending specialist, and why are they important?

To thrive as an Open Lending Specialist, you need a strong understanding of automotive finance, risk assessment, underwriting processes, and typically a background in finance or banking. Familiarity with loan origination systems, credit scoring models, and compliance regulations, along with relevant certifications such as NMLS, is highly valuable. Excellent analytical skills, attention to detail, and effective communication are important soft skills for building relationships with clients and stakeholders. These competencies help ensure accurate risk evaluation, regulatory adherence, and successful partnership development in the auto lending industry.

What is the difference between Open Lending vs Loan Processor?

AspectOpen LendingLoan Processor
CredentialsTypically requires knowledge of lending software, credit analysis, and industry regulationsRequires understanding of loan documentation, credit reports, and customer service skills
Work EnvironmentFinancial institutions, lending companies, or fintech firmsBanks, credit unions, mortgage companies, and lending institutions
Industry UsageUsed in auto, mortgage, and personal lending sectorsCommonly found in mortgage, auto, and personal loan processing

Open Lending professionals focus on managing lending software and credit analysis to facilitate loan approvals, while Loan Processors handle the administrative tasks of verifying documents and preparing loans for approval. Both roles are essential in the lending industry but differ in responsibilities and required skills.

Infographic showing various Open Lending job openings in Tennessee as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $38,199 per year, or $18.4 per hour.

Collection Clerk

Memphis, TN • On-site

$15 - $19.75/hr

Full-time

Re-posted 9 days ago


Job description

Description

 
JOB SUMMARY: The Collection Clerk will initiate contact with dealers and insurance companies to request refunds for financed products, such as GAP Insurance, Extended Warranties, and Maintenance Agreements, for accounts in which the bank has repossessed the vehicle or the customer's insurance company has deemed the vehicle a total loss. This position will also assist the Open Lending Team with filing claims or reporting. The Collection Clerk must adhere to all Bank policies, procedures, and compliance regulations.


SKILLS REQUIRED:

  • 1-2 years of experience in collections or bank operations preferred 
  • Ability to prioritize in a fast-paced, high-volume environment with minimal supervision
  • Basic knowledge of Windows operations
  • Ability to type 30-35 wpm
  • Demonstrated ability to multitask      
  • Excellent verbal and written communications and math skills
  • Must possess a high school diploma or equivalent / some college preferred

PRIMARY DUTIES:

  1. Generate refund request letters to the dealerships and/or insurance companies for any repossessed or total loss accounts.
  2. Follow up with dealerships and/or insurance companies via email or phone calls if refunds are not received within 14 days.
  3. Track and record funds received. Prepare status reports for the Asset Remarketing/Recovery Manager. Scan all documentation into the Document Imaging System.
  4. Assist the Open Lending Team with filing claims and reporting.
  5. Other duties as assigned or required

Independent Bank is an EO/AA Employer - M/F/Vets/Disabled