Underwriter I

About the role

Gesa Credit Union is dedicated to empowering its communities through its team of passionate professionals. The Underwriter I plays a crucial role in evaluating and approving consumer loan applications, ensuring compliance with underwriting standards and regulatory requirements.

Responsibilities

• Apply critical thinking skills and solid lending principles to evaluate and approve loan offers within delegated authority
• Evaluate and mitigate risk while maintaining profitability associated with extending credit requests
• Construct loan offers in accordance with loan policy under general guidance of a Sr. Underwriter or Manager
• Identify and recommend additional lending opportunities to increase relationships with members
• Provide accurate pricing and terms to dealerships in a courteous/professional manner
• Maintain compliance with legal requirements, lending regulations, and internal policies and procedures
• Maintain positive relationships with colleagues and business partners
• Ensure confidentiality of information received directly or indirectly
• Adhere to all local, state, and federal laws/regulatory requirements as related to functional areas including Truth in Lending, Reg B, Reg Z, and Bank Secrecy Act
• Develop knowledge and skills through formal training classes or on-the-job experience
• Display mutual respect, trust, and dignity, acting in the best interest of the credit union
• Lead by example by always displaying solid ethics and integrity
• Ensure all issues are handled in a fair, legal, and consistent manner

Requirements

• Maintain up-to-date and comprehensive knowledge of all laws, credit union products, services, policies and procedures regarding areas of responsibility
• Participate in and support a team environment
• Excellent interpersonal skills and ability to build and maintain positive working relationships with co-workers and business partners
• Demonstrate ability to make decisions in a timely manner and articulate the reasoning for decisions
• Demonstrate ability to prioritize and manage multiple demands effectively
• Demonstrate ability to work effectively both collaboratively and independently, with moderate supervision
• Effectively communicate and receive ideas and information, both orally and in writing
• Operate standard office equipment, computer and lending programs and programs related to areas of responsibility
• Work outside of business hours, including weekends (Sundays included) and holidays
• Demonstrate flexibility and openness; willing to change priorities, accept and act on input from supervisor, and meet changing demands
• Develop and/or improve processes, implement, and administer policies and procedures, and organize and present information
• Maintain a positive and professional image through effective verbal and written communication
• Make quality judgments and decisions in a timely manner with extreme attention to detail

Qualifications

• High School degree, GED, or equivalent experience required
• A minimum of one (1) year in managing client relationships or handling document processing required
• One (1) to two (2) years of similar or related exposure to indirect lending/financial services preferred
• Advanced knowledge of FICO preferred
• Advanced knowledge of CUDL, Dealer Track and Route One programs preferred
• A valid Driver’s License is required