Consumer Loan Underwriter (I, II, Senior)

About the role

We are a credit union dedicated to improving lives through mutual assistance and adherence to ethical principles. We seek individuals passionate about making a positive impact and committed to providing fair and just treatment to all members.

Essential Duties/Responsibilities

• Assess credit risk on incoming applications in Symitar and MeridianLink.
• Determine financial eligibility for credit using specified limits.
• Complete income verification or financial document analysis as necessary.
• Maintain compliance with lending legislation and institutional guidelines.
• Achieve and exceed performance expectations set by the Credit Union and department.
• Evaluate financial data and assess borrower creditworthiness.
• Evaluate collateral value and assign finance limits within determined limits.
• Maintain timely action on loan requests.
• Collaborate with fellow underwriters for consistent decision-making.
• Make informed lending decisions based on thorough evaluation of financial data.
• Avoid violations of federal and state consumer lending regulations.
• Manage escalations for complex or borderline applications.
• Support audit preparation and contribute to quality control strategies.
• Monitor loan performance trends and contribute to portfolio risk management.
• Research account information and correct discrepancies as needed.

Job Qualifications (Skills)

• Work within the consumer lending operating system, credit union core system, and internal internet and reference sites.
• Maintain an updated knowledge of consumer lending products, policies, and procedures.
• Understand and follow complex written and oral instructions.
• Communicate clearly and concisely, both orally and in writing.
• Analyze statistics and financial data.
• Interact with other credit union areas and vendors professionally.
• Work within precise standardized guidelines.
• Take initiative to resolve problems or unique circumstances.

Job Qualifications (Education/Experience)

• Consumer Loan Underwriter I: Two-year college level of language, math, and reasoning skills; one to three years of relevant experience.
• Consumer Loan Underwriter II: Two-year college level of language, math, and reasoning skills; three to five years of relevant experience.
• Senior Consumer Loan Underwriter: Four-year college level of language, math, and reasoning skills; five years or more of relevant experience.

Working Conditions

• Occasional travel to branch locations or community events.
• Option for a hybrid work schedule.
• Occasional work over normal hours and Saturday work schedules.
• Primarily sedentary work with limited physical exertion and occasional lifting up to 5 lbs.
• Regular, reliable, and timely attendance required.