Indirect Underwriter 3

Overview

Description

Job Summary:

Reviews loan documents and appropriately decisions auto applications, by assessing financial risk, analyzing data, reviewing borrower’s creditworthiness, and ensuring compliance with banking regulations, while making critical loan underwriting decisions.

Requirements

• Performs all duties of a level 1 & 2 Indirect Underwriter.
• Act as subject matter experts for others in the department
• Assist in training new staff members on products and procedures
• Supports and responds to questions from Indirect Underwriter 1 and 2.
• Serves as a member of the Credit Committee in decisioning loan applications that involve high complexity and loan amounts according to policy
• Escalates loan file with recommendation that exceed individual lending authority and/or of high complexity and associated risks to a Indirect Underwriter 4 or Supervisor.
• Performs other duties as assigned.
• Excellent interpersonal and negotiation skills.
• Excellent organizational skills and attention to detail.
• Strong proficiency with Microsoft Office applications. Familiar and comfortable with information technology, particularly digital means of communication.
• Strong organizational skills in managing multiple initiatives.
• Strong analytical and decision-making skills
• Strong working knowledge of consumer credit and underwriting principles
• Strong working knowledge with federal and state regulations affecting consumer loans
• Strong working-level knowledge of overall consumer lending processes, including underwriting and loan processing.
• Strong working-level knowledge of valid documentation related to the processing of consumer applications (tax returns, financial statements, verification of income, etc.)
• Minimum four years’ direct experience in consumer underwriting.
• Minimum high school diploma/GED or more than four year of related experience.

Essential Job Duties:

Required Skills/Abilities:

Knowledge:

Education and Experience:

Physical Requirements:

Prolonged periods of sitting at a desk and working on a computer.

Must be able to lift 5 pounds at times.