Consumer Loan Underwriter

The Consumer Loan Underwriter underwrites consumer loans for quality, accuracy and completeness. 

ESSENTIAL DUTIES AND RESPONSIBILITIES 

· Regular onsite attendance

· Ability to work well with others in a team environment

· Provides accurate, efficient and exceptional customer service to both internal and external customers

· Maintains knowledge of bank regulations, security and compliance responsibilities, products, policies, procedures and meets deadlines

· Satisfactorily completes all training required for the position

· Verifies completeness of data on loan papers

· Evaluates applications for loans and makes decisions regarding whether to approve an applicant for financing

· Proficient in analysis, cash flow, credit reporting and knowledge of FICO credit scores

· Contacts loan originators to discuss financial information material to the decision making process

· Underwrites, evaluates and analyzes the financial statement/tax returns of a loan applicant

· Assembles documents for delivery to title company, real estate broker or lending officer for closing

· Other duties as assigned

SUPERVISORY RESPONSIBILITIES

This job has no supervisory responsibilities

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION/EXPERIENCE 

High school diploma or general education degree (GED) required; one to three years related experience.

LANGUAGE SKILLS 

Ability to read, analyze and interpret loan documents. Ability to write routine reports and correspondence. Ability to effectively present information and respond to questions from groups, internal and external customers and the general public.

MATHEMATICAL SKILLS 

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio and percent.

REASONING ABILITY 

Ability to solve practical problems and deal with a variety of concrete variables in standardized situations. Ability to interept a variety of instructions furnished in written, oral, diagram or schedule form.

OTHER QUALIFICATIONS

Strong organizational skills with attention to detail

Computer Skills: Ability to perform strong computer skills and operate computer programs. Must have a demonstrated working knowledge of Microsoft Excel.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is occasionally required to stand; walk; or climb; and stoop, kneel or crouch. The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus

WORKING ENVIRONMENT/CONDITIONS

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

No hazardous or significantly unpleasant conditions (such as a typical office)

Noise level is usually quiet.