Home Equity Senior Underwriter

About the role

The Home Equity Senior Underwriter at Citizens is responsible for rendering quality credit decisions on complicated new HELOC applications. This role requires analyzing applications in accordance with Consumer Lending credit policy and regulatory guidelines, ensuring accuracy of information, demonstrating sound judgment, and meeting productivity and credit quality standards.

Responsibilities

• Analyze and appropriately decide Home Equity Line of Credit applications in accordance with Consumer Lending credit policy and regulatory guidelines.
• Ensure material information in applications is accurate and updated based on provided documentation.
• Demonstrate sound judgment in the analysis of required documentation while mitigating organization risk through appropriate decision-making.
• Meet or exceed productivity levels and credit quality standards.
• Analyze and interpret POI documents, including personal and business tax returns/K1s, to determine verifiable income and verify a customer’s ability to repay the loan. Clearly document the methodology used to calculate the income.
• Analyze all applications for counteroffer opportunities when original terms requested do not qualify.

Qualifications, Education, Certifications and/or Other Professional Credentials

• Three to five years related experience.
• Home Equity lending and processing experience preferred.
• Demonstrated knowledge of equity lending policies, procedures, and products, as well as knowledge of secondary market guidelines.
• Must be organized, detail-oriented, and have excellent interpersonal, communication, and computer skills.
• Experience with automated systems.
• Proficiency with the system is essential. Attendance in office during normal business hours (at minimum) may be required in order to effectively coordinate with multiple departments, projects, and outside entities.
• Ability to work well with retail sales and loan officers.
• Demonstrated ability to analyze and evaluate complex income calculations.
• Desire to work in a fast-paced production environment.

Hours & Work Schedule

Hours per Week: 40
Work Schedule: Monday- Friday, in office in Johnston, RI