Consumer Loan Underwriter
Description
ABNB Federal Credit Union is dedicated to being the best place you will ever work, starting with our comprehensive employee benefits package, which features affordable medical, dental, and vision plans to support your well-being and future growth in addition to:
Paid time off that begins accruing on your first day
Enjoy 11 paid federal holidays each year, giving you more time to relax and recharge
401(k) matching up to 4% with immediate vesting, plus an additional 2% match with future vesting
Company-paid short-term, long-term disability, and employee life and AD&D coverage
A tuition reimbursement benefit which reflects our investment in your future
Competitive pay along with opportunities for annual raises and promotions
Paid community involvement opportunities offer rewarding chances to network, make a positive impact, and get involved in meaningful local initiatives
A supportive environment which fosters an employee-centric workplace where growth and member relationships are prioritized
The Consumer Loan Underwriter role is to analyze loan applications/requests and make credit decisions based on provided data, lending policy, and federal/state regulations.
Key Responsibilities
Analyzes current financial position of loan applicants to determine the degree of risk involved in extending credit. Makes decisions to approve, deny, or forward the loan request to higher levels of authority for decisioning. Establishes the terms and conditions of loan approval to include collateral.
Assists the Loan Center Manager in coordination of duties including development and implementation of various lending programs in accordance with project goals and time lines.
Assists all member facing staff and loan staff with loan application and credit discussions. Assists with the processing and structuring of loans and loan applications. Answers questions regarding loan decisioning and provides feedback to management on quality of applications.
Ensures loan decisions are in compliance with regulations, policies and procedures. Refers issues that are beyond their authority to their supervisor, along with their recommendations.
Other duties as assigned.
Requirements
Education: A high school education or GED.
Experience: Three years to five years of similar or related experience.
Interpersonal Skills: Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills: 1. Minimum 2 years experience in consumer and or indirect lending. 2. Project management experience is desired. 3. Thorough knowledge and understanding of regulations governing loan approvals. 4. Analytical ability to conduct an analysis of loan application quality and make recommendations for action. 5. Possess high level of interpersonal sills 6. Must be able to operate various office equipment, PC with related software programs, and Microsoft Office Suite with average speed and accuracy.
Physical Requirements: Physical qualifications require being able to sit at a computer and other office related equipment for extended periods of time and be able to lift and carry up to 10 pounds.
Work Environment: Office and Remote
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, marital status, pregnancy, disability, or protected veteransâ status.
Apply To This Job
ABNB Federal Credit Union is dedicated to being the best place you will ever work, starting with our comprehensive employee benefits package, which features affordable medical, dental, and vision plans to support your well-being and future growth in addition to:
Paid time off that begins accruing on your first day
Enjoy 11 paid federal holidays each year, giving you more time to relax and recharge
401(k) matching up to 4% with immediate vesting, plus an additional 2% match with future vesting
Company-paid short-term, long-term disability, and employee life and AD&D coverage
A tuition reimbursement benefit which reflects our investment in your future
Competitive pay along with opportunities for annual raises and promotions
Paid community involvement opportunities offer rewarding chances to network, make a positive impact, and get involved in meaningful local initiatives
A supportive environment which fosters an employee-centric workplace where growth and member relationships are prioritized
The Consumer Loan Underwriter role is to analyze loan applications/requests and make credit decisions based on provided data, lending policy, and federal/state regulations.
Key Responsibilities
Analyzes current financial position of loan applicants to determine the degree of risk involved in extending credit. Makes decisions to approve, deny, or forward the loan request to higher levels of authority for decisioning. Establishes the terms and conditions of loan approval to include collateral.
Assists the Loan Center Manager in coordination of duties including development and implementation of various lending programs in accordance with project goals and time lines.
Assists all member facing staff and loan staff with loan application and credit discussions. Assists with the processing and structuring of loans and loan applications. Answers questions regarding loan decisioning and provides feedback to management on quality of applications.
Ensures loan decisions are in compliance with regulations, policies and procedures. Refers issues that are beyond their authority to their supervisor, along with their recommendations.
Other duties as assigned.
Requirements
Education: A high school education or GED.
Experience: Three years to five years of similar or related experience.
Interpersonal Skills: Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.
Other Skills: 1. Minimum 2 years experience in consumer and or indirect lending. 2. Project management experience is desired. 3. Thorough knowledge and understanding of regulations governing loan approvals. 4. Analytical ability to conduct an analysis of loan application quality and make recommendations for action. 5. Possess high level of interpersonal sills 6. Must be able to operate various office equipment, PC with related software programs, and Microsoft Office Suite with average speed and accuracy.
Physical Requirements: Physical qualifications require being able to sit at a computer and other office related equipment for extended periods of time and be able to lift and carry up to 10 pounds.
Work Environment: Office and Remote
Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, marital status, pregnancy, disability, or protected veteransâ status.
Apply To This Job