Consumer Lending Underwriter

Responsible for underwriting Direct and Indirect consumer loans from multiple origination channels. Utilizes Credit Union policies and consumer lending guidelines for the extension of credit. Meets underwriting and other job expectations as determined by the Director of Consumer Lending. Serves members, prospective members and dealers promptly and professionally. Provides guidance to Credit Union lending staff as needed.

• Monitors the consumer lending underwriting queue and evaluates loan applications from branch, Contact Center, and indirect dealer channels, rendering credit decisions within established lending authority. Escalates applications exceeding authority to the Director of Consumer Lending as appropriate. Maintains a thorough understanding of Credit Union lending policies, guidelines, and procedures.
• Provides high-quality underwriting support to consumer lending personnel in accordance with the Credit Union’s established practices, policies, guidelines, and procedures.
• Ensures approved loans are appropriately structured with suitable terms and conditions to mitigate risk and maintain portfolio quality. Identifies and discusses counter-offer opportunities with lenders when applicable.
• Uncovers and recommends new opportunities to consumer lending personnel to effectively meet members’ needs while supporting the organization’s strategic objectives.
• Maintains strong working relationships with lenders, branches, and dealers while executing responsibilities efficiently and accurately in accordance with service and quality standards. Communicates loan decisions and recommendations clearly to ensure shared understanding.
• Continually cross-trains on additional roles within the Centralized/Indirect Lending Department to support operational flexibility, while assisting the Indirect Loan Processor with various stages of the loan process as needed.
• Maintains an organized and professional individual and departmental work environment.
• Facilitates ongoing communication with branch lenders regarding underwriting updates, while addressing lending-related questions and providing education on process enhancements.
• Performs additional duties as assigned by the Director of Consumer Lending.

Education/Certification &

Experience:

• High School Diploma required.
• At least 2 years of financial institution experience required.
• Basic consumer lending knowledge.

Skills/Abilities:

• Proven ability to create, comprehend, analyze, and interpret data.
• Proven analytical skills with the ability to interpret financial analyses.
• Proven ability to solve advanced problems and effectively navigate through complex situations.
• Proven understanding of lending products, policies, procedures, standards, government regulations and legal requirements.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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Works well as a member of a group

Capable of carrying out a given task with all details necessary to get the task done well

Devoted to a task or purpose with loyalty or integrity

Shows intense and eager enjoyment and interest

Inspired to perform without outside help

Inspired to perform well by the chance to take on more responsibility

Inspired to perform well by the completion of tasks

Inspired to perform well by the ability to contribute to the success of a project or the organization