Consumer Loan Underwriter

General Responsibilities:

Responsible for performing administrative and underwriting duties to support the consumer loan function; achieving goals as established in the Bank’s business objectives; coordinating work within the department, as well as with other departments; complying with operating policies and procedures established for the consumer loan function; communicating with appropriate personnel; maintaining appropriate records and providing assigned reports.

Essential Duties:

• Performs administrative and underwriting duties to support the consumer loan function of which the following are illustrative:
• Evaluates consumer loan requests; determines debt-to-income ratio, collateral valuation, and general loan quality.
• Performs credit analysis and approves or denies consumer loans based on consumer loan standards.
• Ensures that all loan decisions are based on an accurate and thorough understanding of each customer’s financial needs and conditions, and that they are made in accordance with guidance contained in the policies and procedures manual.
• Utilizes appropriate investigative techniques and counter offer possibilities to maximize loan opportunities.
• Properly administers the creditworthiness and documentation of all loans that are originated; coordinates the elimination of any obstacles to closing.
• Maintains an accurate record of all loan decisions and actions taken.
• Recognizes and pursues opportunities for cross-sales.
• Performs additional duties and responsibilities as directed.
• Perform Administrative Compliance Reviews of subject property appraisals for completeness, accuracy, adequacy and validity in accordance with financial institution policy.

Ancillary Duties:

• Performs tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the essential job functions of this position, the employee is regularly required to sit, stand, talk, hear, walk, use hands and fingers, handle or feel objects, and reach with hands and arms. At times required to stoop, kneel, bend, crouch and lift up to 25 pounds. This position requires regular use of a computer.

Peoples Security Bank and Trust Company is an Equal Opportunity Employer

Basic Qualifications:

Education/Training: Associates Degree or equivalent knowledge normally required; specialized bank education/training related to mortgage lending.

Skill(s): Must demonstrate strong communication skills. Proficient mathematics skills; proficient interpersonal relations skills; demonstrated organizational skills; moderate analytical skills; proficient PC skills, including knowledge of loan processing software; proficient in all phases of underwriting, including credit and compliance education and testing; working knowledge of applicable lending laws and regulations, i.e., Reg B, Reg Z, and Fair Credit Reporting Act; visual and auditory skills.

Experience: A minimum of two (2) years of consumer loan underwriting experience normally required.