Consumer Loan Processor Underwriter

Description

About Baker Boyer:

Baker Boyer is the oldest independently owned community bank in the Pacific Northwest. We are Eastern Washington’s trusted financial advisor, serving the Walla Walla Valley, Tri-Cities and Yakima Valley communities, providing wealth management as well as personal and business banking services.

What We Offer:

• Consumer Loan Processor / Underwriter - $24.00 - $34.00 per hour
• Great Benefits!Medical, Dental, Vision plans with additional:
  • AD&D & Life Insurance
  • Long Term Disability
• 401(k) -100% safe harbor match up to 6%, plus an additional profit-sharing contribution, resulting in employer contributions of up to 12% of annual salary.
• 10 days
  * of Vacation time – The annual Vacation accrual increases by a day each year for the first 10 years, and an additional half day each year for the next 10 years, reaching the maximum Vacation accrual of 25 days at year 20.
• 7 days
  * of Sick, Safe & More (SSMORE) leave
  - SSMORE accrues at a rate of 1.2 hours for every 40 hours worked. SSMORE is intended to meet sick and safe leave needs, but it can also be used for vacation or other personal leave.
• 3 Revive & Renew (R&R) days* – We understand the importance of unwinding and recharging, so these R&R days are loaded on the first of each year (prorated for new hires based on the quarter in which they’re hired).
• 11 Paid Federal Holidays annually*

* Number of paid holidays may be fewer than 11 on years when there are Federal Holidays that are observed on Saturdays.

• Life Assistance Plan
• Free access to financial counselors
• Employee Wellness Program
• 8 hours of paid volunteer time annually

About the Role:

The Consumer Loan Processor/Underwriter works with the Consumer Loan Advisor providing basic customer service to our clients. They assist in gathering documents from clients and vendors to prepare loans for file underwriting. This individual will help track timely delivery of disclosures, documentation and analyze income and collateral documentation. The individual must be detail oriented, self-motivated and have excellent customer service, communication, organizational and time management skills.

Key Responsibilities:

• Greet walk-in clients, answer phones and schedule appointments
• Work with clients and Advisors to gather required documents
• Work with vendors to complete all necessary order outs as required
• Communicate with title companies, realtors, vendors and clients on loan progress
• As documents arrive from the client/vendor, review for accuracy and content, updating the information as required
• Review appraisals and automated valuation models (AVMs) for accuracy and completeness
• Responsible for reviewing, analyzing, approving and underwriting large, unusual or complex individual consumer requests and products within company, investor and industry guidelines
• Depending on complexity of underwriting, functions may include reviewing financial statements, credit reports, and applicable ratios (e.g., debt ratios, loan-to-value)
• Evaluating consumer loan applications
• Examining transactions to ensure accuracy and completeness
• Preparing formal reports for review
• Ensuring that documents are consistent and uphold to company and industry guidelines
• Implementing fraud detection techniques, performing compliance reviews
• Assisting with re-negotiations of loans based on lending guidelines
• Contacting partners to gather information to make appropriate decisions and explain rationale behind credit decisions
• Evaluate all applicants’ credit risk and deliver appropriate credit decisions within approval limits
• Coordinates and orders closing documents for both the title companies and clients
• Manage follow up items after closing

Skills and

Qualifications:

• Exceptional attention to detail and accuracy
• Ability to work under pressure, prioritize…