Loan Underwriter

Are you passionate about helping people achieve their financial goals while ensuring smart sound lending decisions Were looking for a Lending Support Underwriter to join our dynamic team someone who thrives on precision service and collaboration.

In this role youll be responsible for reviewing and underwriting applications for consumer direct and indirect loans home improvement home equity credit cards and lines of credit . Youll ensure internal customers are served promptly and professionally while providing guidance and support to frontline staff on loan policies procedures products and decisions.

Youll also communicate with staff to gather additional information or documentation needed for accurate and timely credit decisions ensuring each loan meets both member needs and Credit Union standards.

Key Responsibilities

Evaluate and analyze members current financial positions to determine the degree of risk involved in extending credit. Approve deny or escalate loan requests as appropriate requesting additional information when needed.

Prepare complete and accurate home equity loan documents. Explain loan terms and options clearly and guide members through the home equity closing process.

Assist in servicing loans by processing payoffs refinances payment extensions collateral releases and other adjustments at the direction of the Collections Department and Lending Support Manager.

Maintain compliance with loan terms and conditions while staying informed on lending trends laws and regulations.

Review post-funding loan terms conditions and stipulations to ensure data accuracy and integrity.

Perform other related duties as assigned.

Additional Duties

Assist in processing new member accounts and loans from indirect channels.

Ensure all loan information is accurate and complete for decision-making within the Credit Unions loan origination system.

Analyze data to make informed decisions beyond automated system capabilities.

Ensure full compliance with Fair Lending laws and federal regulations.

Present loan requests exceeding your lending authority for higher-level approval as required by policy.

Performance Expectations

Underwriting and lending support functions are completed efficiently accurately and in full compliance with policies procedures and regulations.

Members and internal teams receive timely courteous and knowledgeable service.

Lending decisions are well-analyzed clearly communicated and align with Credit Union objectives.

Delinquency and write-off levels remain within established targets.

Strong relationships are maintained across departments and with management.

Qualifications :

Education / Certification :

Bachelors degree strongly preferred.

Required Knowledge :

Solid understanding of financial services products and Credit Union lending operations.

Working knowledge of consumer and residential lending practices regulatory standards and loan documentation requirements.

Experience :

25 years of similar or related lending / underwriting experience.

Skills / Abilities :

Exceptional analytical financial and decision-making skills.

Excellent communication interviewing and public relations abilities.

Strong attention to detail with a professional appearance and attitude.

Proficient in loan origination software Microsoft Office and related business equipment.

Additional Information :

Compensation & Benefits :   $60-70K annually

Benefits :

• Affordable Benefits : Ensuring your health and well-being are taken care of.
• Up to 6% 401K Matching : Invest in your future with our generous matching program.
• Eleven Paid Holidays : Celebrate the moments that matter with paid time off.
• 120 PTO Hours : Enjoy ample paid time off to recharge and relax.
• Employee LOC with a 0% Interest Rate : Access financial support when you need it most.
• Free Telemedicine : Convenient access to medical care from the comfort of your home.
• Relaxed Casual Dress Code : Feel comfortable and confident while you work.
• Flexible Spending Account : Manage your healthcare expenses with ease.
• Health Savings Account : Save for medical expenses with pre-tax dollars.
• Employee Assistance Programs : Support and resources for your personal and professional well-being.
• Company Diversity Council : Join a community dedicated to fostering inclusion and diversity.
• Community Engagement Opportunities : Make a difference beyond the workplace with volunteer opportunities

Remote Work : No

Employment Type : Full-time

Key Skills

Loan Processing,Computer Skills,Fraud,Math,Banking,Pricing,Analysis Skills,Fair Housing Regulations,Underwriting,Financial Analysis,negotiation,Phone Etiquette

Experience : years

Vacancy : 1