Underwriter

Essential Functions And Basic Duties

• Analyzes applicant financial status, credit and collateral to determine feasibility of granting loans.
• Sets employee loans, loans exceeding approval limit, marginal loans, etc. to Loan Quality Manager for decision.
• Collections and reviews documentation from applicants after decision has been made by underwriting.
• Analyzes and reviews documentation related to consumer loan applications with an emphasis on accuracy, legitimacy, and completeness of required documentation.
• Maintains a working knowledge of current fraud trends, leveraging internal tools and resources to evaluate incoming consumer loan applications for potential fraud.
• Works with members, staff, and external partners to obtain documentation needed for loan.
• Speaks effectively and professionally with members to streamline processes.
• Performs other functions that might be needed from time to assist others in completing tasks.
• Affirms responsibility for establishing and maintaining effective coordination and working relations with Company personnel and with management.
• Takes part in peer mentoring and coaching activities designed to maximize performance.
• Affirms responsibility for assisting other departments with systems testing.
• Collaborates with other departments and or institutions to corroborate or collect information related to consumer lending.
• Communicates well with loan officers and other relevant departments to resolve issues.
• Maintains understanding of loan policy, loan products and services.
• Follows all policies and procedures regulated by the credit union as well as governmental policies, procedures, and regulations.

Post-Decision Activities

• Ensures the accuracy and completeness of documentation.
• Conducts thorough research on potential fraud applications.
• Engages in outbound calling when necessary.