Consumer Loan Underwriter

GENERAL DESCRIPTION OF POSITION

The Consumer Loan Underwriter utilizes the DecisionPro consumer loan decision software to evaluate applications, provide consumer underwriting decisions, and communicate those decisions to loan officers, loan assistants, branch managers, and customer service representatives (collectively referred to as Consumer Originators). This role supports a wide range of loan types and collateral types.

The position also assists Consumer Originators with compliance related to required disclosures and documentation. Additionally, the Consumer Loan Underwriter serves as a backup to the Credit Risk Management Specialists.

ESSENTIAL DUTIES AND RESPONSIBILITIES

1. Utilize DecisionPro software, underwrite and ensure the satisfactory and prompt delivery of all consumer loan underwriting decisions.
2. Ensure proper compliance measures and action regarding Fair Credit, Reg. Z, and Reg B compliance. 
3. Communicate alternative financing options for consumer credit requests.
4. Identify and communicate other pre-approved consumer products and services to loan originators.
5. Assist in conducting loan training for Consumer Originators, if requested.
6. Participate in new consumer loan product development and implementation, if requested.
7. Review and prepare loan denials for denied Consumer Non-Real Estate loans.
8. Perform other duties as required within the Credit Risk Management Department to maintain service level agreements.
9. The ability to work in a constant state of alertness and in a safe manner.
10. Completes required BSA/AML training and other compliance training as assigned.
11. Perform any other related duties as required or assigned.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

EDUCATION AND EXPERIENCE

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc. Equivalent to a four year college degree, plus 2 years related experience and/or training, or equivalent combination of education and experience.

COMMUNICATION SKILLS

Ability to effectively communicate information and respond to questions in person-to-person and small group situations with customers, clients, general public and other employees of the organization.

MATHEMATICAL SKILLS

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts such as fractions, ratios, and proportions to practical situations.

CRITICAL THINKING SKILLS

Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.

REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS

None.

PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS 

None.

SOFTWARE SKILLS REQUIRED

Intermediate: 10-Key, Alphanumeric Data Entry, Database, Spreadsheet, Word Processing/Typing

Basic: Accounting, Presentation/PowerPoint

WORKING CONDITIONS

Normal working conditions as found within an office setting, wherein there is controlled temperature and a low noise level, plus a minimum of distractions.

ENVIRONMENTAL CONDITIONS

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

The noise level in the work environment is usually moderate.

PHYSICAL ACTIVITIES

The following physical activities 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 and expectations. 

Semi-repetitive, low physical. Semi-repetitive type work which requires periods of concentration for varied time cycles as prescribed by the tasks.

While performing the functions of this job, the employee is continuously required to sit, use hands to finger, handle, or feel, talk or hear; frequently required to reach with hands and arms; and occasionally required to walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision.

ADDITIONAL INFORMATION

-Should be analytically minded
-Proficient in Microsoft Word & Excel
-General knowledge of the retail banking function
-Ability to multi-task and prioritize
-Ability to work under time constraints
-Excellent oral and written communication skills
-Overtime may be required