Consumer Underwriter Lubbock, Ave Q Annex

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Full Time Credit Underwriting LUBBOCK ANNEX, Lubbock, TX, US

2 days ago Requisition

Prosperity Bank is an Equal Opportunity Employer.

To review and underwrite consumer purpose loans:

• Identifies, analyzes, and evaluates loan risks and compensating factors
• Approves, suspends, or denies loan applications
• Determines eligibility and problem solves to provide customers with alternative solutions
• Ensures that loans are approved within the terms of the Bank’s standards and procedures, regulatory underwriting guidelines

• Evaluates the adequacy of the applicant’s income and the probability that the customer will be able to meet expected financial obligations.
• Reviews borrower’s credit reports and the manner in which obligations have been met and financial affairs managed.
• Completes all underwriting functions in accordance with various program requirements.
• Understands Bank’s loan policy and identifies exceptions and non-compliance with loan while performing credit underwriting.
• Stays informed regarding bank loan policy, changes in lending standards and related legal requirements.
• High level of confidentiality required.
• Frequently monitors "queue" pending loans.
• Ensures that the Central Credit Underwriting maintains an acceptable if not exceptional service level.

• Assists and supports Bank personnel as needed. Answers questions of loan personnel regarding policies and procedures.
• Attends and participates in meetings and committees as required.
• Keeps Central Credit Underwriting Manager informed of area activities and of any significant problems.
• Completes required reports and records.
• Reports technical problems to appropriate personnel for investigation and to prevent reoccurrence of problems.

• Maintains and updates knowledge of underwriting requirements and policies.
• Stays informed of modifications and updates in software applications.
• Completes special projects as assigned.
• Keeps work area clean, secure, and well maintained.
• Provides suggestions for improvements in underwriting policies and procedures.

• Excellent communication skills.
• Sound credit judgment.
• Good organizational skills and attentive to detail.
• Able to operate required computer applications, typewriter, 10-key, and other basic business machines.

Associates degree in business or a related field, or an equivalent combination of training and work experience.

• Strong knowledge of credit reports and determination of credit worthiness while maximizing productivity and minimizing credit risk.
• Properly review third party credit and collateral data.
• High level of confidentiality required.

• 1-3 years' experience credit underwriting, loan review or related experience.

Talking:
Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.

Average Hearing:
Able to hear average or normal conversations and receive ordinary information.

Repetitive Motion:
Movements frequently and regularly required using the wrists, hands, and/or fingers.

Average Visual Abilities:
Average, ordinary, visual acuity necessary to prepare or inspect documents or…