HELOC Analyst

A GREAT PLACE TO WORK AND BANK

Join our team! 1st Security Bank team members deliver service that "WOWs" each other and our customers. We value relationships, teamwork, community, and professional growth in a safe, friendly, and progressive workplace. We celebrate diversity and support equality for all. If you share these core values and are committed to career excellence, let us help you reach your dreams!

If you are the type of individual that would enjoy working at one of the Puget Sound's Best Places to Work for 9 years in a row and focuses on providing an exceptional client experience, then 1st Security Bank is the place for you. 1st Security Bank was named a bronze medal winner in its class in the Puget Sound Business Journal's Best Workplaces contest in its first year nominated and is also consistently rated a 5 star Bank in Washington State by Bauer Financial, an independent bank rating firm.

POSITION SUMMARY:

Responsible for order out, processing, underwriting, and funding tasks for Standalone Home Equity loans submitted by 1st Security Bank branches, Home Lending Loan Officers and through the online customer portal.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

• Promote positive attitude and provide exceptional customer service to customers and co-workers. Embraces 1SB Core Values.
• Reviews credit applications and makes underwriting decisions using the appropriate standards and limits as listed in the HELOC Loan Underwriting Guidelines.
• Performs all order out, processing, underwriting, closing and communications tasks associated with Home Equity loans within all regulatory time constraints and restrictions.
• Maintains acceptable decision turn times to meet management, branch and customer expectations.
• Communicates loan decisions, resolves issues with individual loan files, answers general lending and HELOC program questions, and seek to best serve our customers.
• Reviews Home Equity loan application packages, including income verification, credit reports, title, property inspections, valuations/appraisals, and other loan documents for accuracy and to identify exceptions to policy and guidelines.
• Approve loans within Loan Limit authority assigned by Sr. Management.
• Collaborate with HELOC team to maintain effective and efficient policy and procedures.
• Ensures that all documentation standards and underwriting conditions have been met/noted.
• Prepares and reviews for accuracy all HELOC loan documents, correspondence, etc., as required for each loan.
• Prepares the files for recording and funding.
• Prepares accurate DNA upload report and sends to Loan Servicing for accurate boarding of the loan.
• Possess the Analyst skills and knowledge to work independently, making decisions without constant management oversite.
• Performs other duties as assigned.

BENEFITS AND PERKS

• Full medical, dental, and vision coverage for individual or family plan.
• Life insurance.
• Long-term disability insurance.
• 401K matching program.
• Paid sick and vacation time.

OUR CORE VALUES

• Relationship Driven - we strive to "WOW" (surprise, excite and delight) each other and our customers.
• Ethical - fair, honest and act with integrity.
• Lead by Example - maintain a positive attitude, show respect for others, and have some fun!
• Accountable - we take our responsibilities seriously and we meet our commitments with urgency.
• Team Player - dependable, enthusiastic contributor to team success and to the greater good of the bank.
• Embrace Dreams - we encourage each other to reach for our dreams.
• Diversity - we celebrate diversity and support equality for all.
• Community Oriented - we actively support our communities and the Bank's CRA initiatives.
• Open and Honest Communication - always professional, responsive, and timely

EDUCATION and/or EXPERIENCE

• High School Diploma or GED required

• Associate’s degree or equivalent preferred in field which demonstrates strong analytical skills preferred.

• Proficient with credit analysis including analysis of applicant financials, tax returns, income verification, etc.

• Experience in reviewing property Titles Commitments, Appraisals, and Mortgage Loan Documentation.

• Knowledge of applicable regulations that pertain to this position, such as the Bank Secrecy Act, Anti-Money Laundering policies, Military Lending Act, Reg. B, Reg Z. and general Analyst procedures and related regulations.

• Excellent written and verbal communication skills

• Strong customer service skills required for internal and external customer communications

• The ability to work in office at one of our approved locations, this is not a remote position

COMPUTER SKILLS

To perform this job successfully, an individual should have general skills with Microsoft Office Products, be able to type 45 WPM, and possess 10-key/computer experience.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

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. 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.

The employee will primarily operate in a general office environment, using office equipment such as a phone and a computer.

• The noise level in the work environment is usually quiet to moderate as compared to a private office with light foot traffic and office equipment. The employee must be able and willing and able to interact frequently with the general public.

• On occasion, office hours will flex to meet increased demand.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.