Direct Lending Specialist

Location: 100% Remote

Schedule: Monday Friday, 8:00 AM5:00 PM

Employment Type: Short-Term Contract

We are seeking an experienced Direct Lending Specialist to join a high-volume consumer lending team. This position is responsible for reviewing and underwriting consumer loan applications, analyzing applicant financial and credit information, managing a loan pipeline, and working directly with applicants throughout the lending process.

The ideal candidate will have 12+ years of banking or credit union experience in loan origination or underwriting
, strong analytical skills, and the ability to make sound lending decisions while maintaining excellent member service.

• Review and underwrite consumer loan applications in accordance with established lending guidelines.
• Analyze credit reports, account information, financial statements, collateral information, and supporting documentation.
• Calculate applicable financial ratios and evaluate credit utilization, disposable income, and collateral when applicable.
• Communicate loan decisions, requirements, and outstanding conditions directly to applicants.
• Collect necessary documentation and conditions to prepare approved loans for processing.
• Manage a high-volume loan pipeline while meeting production and service expectations.
• Handle inbound calls from applicants regarding new consumer loan applications.
• Originate and underwrite consumer loan products.
• Review approvals and conditions to ensure all requirements have been satisfied.
• Accurately enter loan information into loan origination and core banking systems.
• Identify potentially fraudulent applications and escalated them appropriately.
• Communicate adverse lending decisions professionally and clearly.
• Provide applicants with accurate expectations regarding the loan process and timelines.
• Assist team members with loan-related questions and transactions.
• Maintain compliance with applicable lending policies, procedures, and regulations.

• 12+ years of banking or credit union experience in loan origination and/or underwriting
• Experience reviewing and underwriting consumer loan applications
• Ability to analyze credit reports and personal financial information
• Understanding of consumer lending guidelines and risk mitigation
• Experience managing a high-volume loan pipeline
• Strong analytical and decision-making skills
• High attention to detail and accuracy
• Strong verbal and written communication skills
• Comfortable communicating with applicants and internal teams by phone
• Ability to multitask in a fast-paced lending environment
• Proficiency with Microsoft Office / Microsoft 365

Experience with any of the following is highly desirable:

• Symitar
• Meridian Link
• Salesforce
• Loan Origination Systems (LOS)
• Credit union lending
• Consumer loan origination
• Consumer loan underwriting

This is a 100% remote position working Monday through Friday, 8:00 AM5:00 PM PST. You will work alongside an experienced consumer lending team and manager, with communication primarily taking place through video conferencing and phone systems.

This is a great opportunity for someone with a banking or credit union lending experience who wants to strengthen their consumer underwriting experience while working fully remote
. Youll gain additional experience reviewing high-volume consumer loan applications, evaluating credit risk, and managing loans throughout the origination process.

This is a Contract position based out of Concord, CA.

The pay range for this position is $27.73 - $38.13/hr.

Individual compensation offered for this position within this range will depend on many factors, including…