Consumer Analyst

Scope/Contacts

Incumbent has extensive contact with the company's lending and loan support staff. The incumbent must have the ability to express him/herself in a clear and concise manner. Under the general direction of the Consumer Analyst Manager, the incumbent performs key underwriting functions on consumer real estate loan applications. Incumbent also evaluates the degree to which underwriting functions performed by others satisfy the requirements of Regulation Z.

The incumbent underwrites the applicant(s) ability to repay the requested loan by performing certain critical calculations on income figures provided by the applicant and verified from other sources. The incumbent also evaluates the effectiveness of other underwriting procedures based on the documentary evidence in the file. Such procedures include assessments of the borrower's credit history, verification of past, current, and future employment, the sufficiency of documentation, and compliance with applicable Bank policy and regulatory requirements.

Throughout this process, the incumbent must maintain close communication with the loan officer, applicable members of the lending staff, mortgage loan processors, and loan document preparation personnel. The incumbent must be able to function efficiently and effectively under deadlines and stress while maintaining a professional and mature demeanor. Incumbent must exercise independent judgment and decision-making in routine situations within established guidelines.

• Perform underwriting duties required to effectively analyze the borrower's ability to repay.
• Verify supporting loan documentation.
• Advise applicable lending officers as to the degree to which the loan, if approved, will satisfy regulatory and applicable Bank policy requirements.
• Stay current with all applicable regulations and guidelines.
• Other duties and special projects as assigned.
• Actively understands and supports the Customer Service First sales and service culture and the values of the organization.
• Follows established Bank policies and procedures.

Strong analytical, auditing, and interpretive skills from multiple sources are needed which can be communicated by above average written and verbal communication skills. Thorough documentation, organizational, and underwriting skills are needed with the ability to analyze financial statements, tax returns, and credit reports. Understanding of mortgage loans, regulations governing mortgage lending with an emphasis on Regulation Z with a working knowledge of underwriting is preferred.

College degree with major in accounting, finance, or general business preferred or must have minimum of three years of accounting, finance, or underwriting experience. Must be proficient in Microsoft Word and Excel.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities