Consumer Loan Underwriter - Middletown, NY

Description

Make an impact where your lending expertise matters. At Heritage Financial Credit Union, we're committed to helping our members achieve their financial goals through smart lending decisions and exceptional service. We're looking for an experienced

Make an impact where your lending expertise matters. At Heritage Financial Credit Union, we're committed to helping our members achieve their financial goals through smart lending decisions and exceptional service. We're looking for an experienced Consumer Loan Underwriter to join our collaborative team and help deliver timely, sound credit decisions while supporting a wide range of consumer and indirect loan products.

If you're analytical, detail-oriented, and passionate about helping people, we'd love to hear from you.

Heritage Financial Credit Union is a member-owned financial institution that is committed to helping our members achieve their financial goals and building a stronger community. We believe that everyone deserves access to affordable financial services, and we are dedicated to providing our members with the tools and resources they need to achieve their financial dreams. Our vision is to be the leading financial institution in the communities we serve, and we are committed to creating a culture of excellence where our employees can thrive.

We believe in creating a workplace where everyone feels valued and respected, and where we can all work together to achieve our goals. We recognize that our employees are our most important asset, and we are committed to providing them with the training, development, and opportunities they need to succeed.

Go Above Expectations;
Create Positive Moments;
Personally Acknowledge

Deliver As One Team;
Stay A Step Ahead;
Guide with Product Expertise

Do What's Right;
Speak the Truth;
Own Our Actions

Grow Together;
Respect Every Voice;
Build Trusting Relationships;
Strengthen Culture & Community

This position is responsible for underwriting and processing various consumer loan applications, including personal, auto, home improvement, credit card as well as Indirect Lending automotive loans in accordance with Credit Union Policy. Performs a variety of support duties related to the lending function within the credit union.

• Perform responsibilities of position in accordance with federal and state regulations, credit union policies and procedures.
• Maintain a thorough understanding of HFCU’s Loan Policy and underwrite loans in accordance with those parameters.
• Proficient at pipeline management with an emphasis on organizational and multi-tasking skills.
• Underwrite loan applications generated through various channels; in Branch, Online, and Indirect Lending following established CU policies and procedures.
• Maintain a working knowledge of current loan fraud trends, leveraging internal tools and resources to evaluate incoming consumer loan applications for potential fraud.
• Collaborate effectively with branch personnel, processors and other underwriters to ensure that loan applications are fully completed, the necessary supporting documentation is received, and the loan closes properly.
• Gather background information on applicants by obtaining credit bureau reports, verify debts, and calculate aggregates and ratios to determine credit unions exposure in terms of secured and unsecured debt.
• Analyze loan applicants’ financial status, credit, and collateral to determine feasibility of granting loans and provide feedback to branch personnel or financial counseling to members if applicable.
• Approve consumer and indirect lending loans within authorized limits and communicate decisions to branch personnel and/or, and dealer if need be. Recommend approval or denial for those in excess of authorized limits;
  Explain reasons for declines and provide counter offers whenever possible.
• Process adverse action notices for declined loans
• Recommend operational procedures to increase effectiveness of department operations
• Assist in conducting training on loan origination system for end-users…