Junior Underwriter

SUMMARY

The primary objective of this position is to assist with consumer, mortgage, and commercial underwriting, processing, and closing activities on behalf of the company's clients. This position serves as backup and support on an as needed basis for Community Funding Development.

ESSENTIAL FUNCTIONS

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Review submitted application packages for completeness prior to commencement of analysis


• Examine/review credit underwriting documentation, including applications, mortgages and notes, deeds, tax returns, bank statements, credit reports, and other financial information for accuracy and compliance with client underwriting guidelines


• Apply lending guidelines and underwriting criteria during the application review process;


• Communicate effectively with staff on issues with applicant/client submissions or interpretation of applicable underwriting criteria as it relates to submissions;


• Adhere to timelines established based on client needs and department workflow


• Assist in Annual Financial Updates


• Review and secure portal submittal of applications for the Elevate, HOP, NIP, AMP, and AHP programs with the Federal Home Loan Bank of Indianapolis (FHLBank);


• Assistance as needed with underwriting requirements for FHLBank grant requests on which the Bank serves as the member partner;


• Assistance as needed with disbursements and ongoing monitoring of existing grant awards on which the Bank serves as a member partner;


• Backup of administrative functions for the Bank's Banzai! financial literacy program.

COMPETENCIES

Communicating

• Communicates in a straightforward and assertive fashion


• Updates relevant people with timely information


• Listens carefully to what others are saying


• Respects and considers all opinions, even counter-opinions

Demonstrating Integrity

• Assumes responsibility for mistakes and failures


• Demonstrates consistency between what is said and what is done


• Behaves according to sound ethical and legal standards

Working with Others

• Is respectful of others


• Balances individual goals with team goals


• Builds and maintains productive relationships with people throughout the organization

Adapting to Change

• Maintains composure in frustrating situations


• Demonstrations flexibility in working with others


• Adapts to help others adapt to change

Advising Bank Management

• Demonstrates a solid understanding of the bank's strategy and operations


• Makes recommendations and policies consistent with the bank's strategy and operations


• Stays current with best practices and legal regulations within the profession


• Shares expertise in a timely and helpful manner

Investigating and Solving Problems

• Clearly and accurately defines problems


• Collects all of the data critical to solving the problem


• Examines the data and establishes facts about the problem


• Makes valid and actionable conclusions based upon the facts

Planning and Organizing

• Effectively handles and organizes large amounts of information


• Allocates time and resources across multiple priorities


• Addresses time sensitive issues quickly

Junior Underwriter Excellence

• Works to understand each customer and situation's unique financial needs

Professional Excellence

• Demonstrates a consistently high level of professional judgement


• Maintains independence and objectivity in carrying out job responsibilities


• Provides customers with accurate and reliable financial information


• Prepares useful and timely reports for a variety of different purposes

JOB KNOWLEDGE

• General business and financial knowledge


• Junior Underwriter job knowledge


• Knowledge of accounting principles and techniques


• Knowledge of credit policies and standards


• Knowledge of department-related financial services regulations and compliance


• Knowledge of lending and lending policies and procedures


• Knowledge of the company's products and services

COMPLIANCE

All positions within Home Bank SB must comply with all state and federal laws and regulations as per the Bank's compliance policies and procedures.

SUPERVISORY RESPONSIBILITIES

This position requires no supervisory responsibilities.

WORK ENVIRONMENT

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines.

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.

While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, use hands to finger, handle or feel, and reach with hands and arms.

POSITION TYPE

This is a full-time position. Days and hours of work are Monday through Friday, 8:30am to 5pm. This position may require long hours and weekend work.

TRAVEL

Travel is not expected for this position.

REQUIRED EDUCATION AND EXPERIENCE

• 0-3 years' experience underwriting consumer revolving and installment loans


• College degree in finance, economics or accounting; may substitute for experience.


• Strong attention to detail


• Ability to be flexible and meet deadlines


• Proficient with Microsoft Office (Excel, Word, and Outlook) and ability to learn new loan processing systems


• Excellent analytical and communication skills (both verbal and written)

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.