HELOC Analyst

Overview

A GREAT PLACE TO WORK AND BANK. Join our team! 1st Security Bank team members deliver service that WOWs each other and our customers. We value relationships, teamwork, community, and professional growth in a safe, friendly, and progressive workplace. We celebrate diversity and support equality for all. If you share these core values and are committed to career excellence, let us help you reach your dreams!

If you are the type of individual that would enjoy working at one of Puget Sound's Best Places to Work for 9 years in a row and focuses on providing an exceptional client experience, then 1st Security Bank is the place for you. 1st Security Bank was named a bronze medal winner in its class in the Puget Sound Business Journal's Best Workplaces contest in its first year nominated and is also consistently rated a 5 star Bank in Washington State by Bauer Financial, an independent bank rating firm.

Responsible for order out, processing, underwriting, and funding tasks for Standalone Home Equity loans submitted by 1st Security Bank branches, Home Lending Loan Officers and through the online customer portal.

• Promote positive attitude and provide exceptional customer service to customers and co-workers. Embraces 1SB Core Values.
• Review credit applications and make underwriting decisions using the appropriate standards and limits as listed in the HELOC Loan Underwriting Guidelines.
• Perform all order out, processing, underwriting, closing and communications tasks associated with Home Equity loans within regulatory time constraints and restrictions.
• Maintain acceptable decision turn times to meet management, branch and customer expectations.
• Communicate loan decisions, resolve issues with loan files, answer general lending and HELOC program questions, and serve our customers.
• Review Home Equity loan application packages, including income verification, credit reports, title, property inspections, valuations/appraisals, and other loan documents for accuracy and to identify exceptions to policy and guidelines.
• Approve loans within Loan Limit authority assigned by Sr. Management.
• Collaborate with HELOC team to maintain effective and efficient policy and procedures.
• Ensure that all documentation standards and underwriting conditions have been met/noted.
• Prepare and review for accuracy all HELOC loan documents, correspondence, etc., as required for each loan.
• Prepare the files for recording and funding.
• Prepare accurate DNA upload report and send to Loan Servicing for accurate boarding of the loan.
• Possess the analytic skills and knowledge to work independently, making decisions without constant management oversight.
• Perform other duties as assigned.

• Full medical, dental, and vision coverage for individual or family plan.
• Life insurance.
• Long-term disability insurance.
• 401K matching program.
• Paid sick and vacation time.

• Relationship Driven – we strive to WOW (surprise, excite and delight) each other and our customers.
• Ethical – fair, honest and act with integrity.
• Lead by Example – maintain a positive attitude, show respect for others, and have some fun!
• Accountable – we take our responsibilities seriously and meet our commitments with urgency.
• Team Player – dependable, enthusiastic contributor to team success and to the greater good of the bank.
• Embrace Dreams – we encourage each other to reach for our dreams.
• Diversity – we celebrate diversity and support equality for all.
• Community Oriented – we actively support our communities and the Bank's CRA initiatives.
• Open and Honest Communication – always professional, responsive, and timely.

• High School Diploma or GED required
• Associate’s degree or equivalent preferred in a field that demonstrates strong analytical skills
• Proficient with credit analysis including analysis of applicant financials, tax returns, income verification, etc.
• Experience in reviewing property titles commitments, appraisals, and mortgage loan documentation.
• Knowledge of applicable regulations that pertain to this position, such as the Bank Secrecy Act, Anti-Money Laundering policies, Military…