What are the responsibilities and job description for the Consumer Loan Underwriter position at F.N.B. Corporation?
Primary Office Location:
626 Washington Place. Pittsburgh, Pennsylvania. 15219.
Join our team. Make a difference - for us and for your future.
This position is responsible for evaluating consumer loan requests and making credit decisions while adhering to policy, procedure, and the Bank's risk appetite. This may include both secured and unsecured requests, such as home equity, auto, personal loans, and credit cards.
Position Title: Retail Lending Loan Underwriter 1
Business Unit: Retail Lending
Reports To: Varies Based on Assignment
Position Overview
This position description covers underwriting positions for Direct, Indirect or Small Business Lending. This position is primarily responsible for new loan application analysis, underwriting and declination review noting that the importance of this function impacts long term company goals and objectives. The incumbent plays a major role in the acquisition of loan assets utilizing appropriate risk management discipline.
Primary Responsibilities
Reviews loan applications from consumers and small businesses within the Bank’s delivery channels or directly through dealer channels to evaluate a degree of risk involved and determines the acceptance of applications. Verifies all application information for accuracy and completeness though validation of loan data against documentation provided.
Pays appropriate attention to proper ordering of documentation to lessen the Bank’s potential risk of loss considering a broad array of credit related information including repayment capacity, collateral valuations, credit histories, other banking relationships and regulatory impact in reaching final credit decisions.
Takes responsibility for compliance to Bank’s policies and procedures for underwriting loans depending on assignment. Complies with regulations regarding declinations and notification is sent within stated time frames.
Develops partnerships with loan processors and Bank branch personnel to improve overall customer satisfaction. Maintains the customer relationships that were developed by the loan originators including Bank branch personnel and the Business Development and Underwriter.
Performs tax return analysis to develop the self-employed borrower’s income. Obtains and compiles copies of loan applicants' credit histories, corporate financial statements, tax returns, collateral valuations and other financial information. Reviews the appraisal report for accuracy and completeness.
Takes responsibility for final approval of documents.
Continually educates other Bank personnel on policy, credit risk tolerance and regulatory factors involving all relevant loan issues. Stays abreast of new types of loans and other financial services and products to better meet customers' needs.
Approves loans up to and including a set loan authority.
Performs other related duties and projects as assigned.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.
F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Minimum Education
BA or BS
Minimum Years Experience
3
Special Skills
Excellent project management skills
Excellent communication skills, both written and verbal
Excellent organizational, analytical and interpersonal skills
Excellent customer service skills
Ability to use a personal computer and job-related software
MS Word - Basic Level
MS Excel - Intermediate Level
MS PowerPoint - Basic Level
Special Licenses And Certificates
N/A
Physical Requirements
N/A
Equal Employment Opportunity (EEO)
It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.
626 Washington Place. Pittsburgh, Pennsylvania. 15219.
Join our team. Make a difference - for us and for your future.
This position is responsible for evaluating consumer loan requests and making credit decisions while adhering to policy, procedure, and the Bank's risk appetite. This may include both secured and unsecured requests, such as home equity, auto, personal loans, and credit cards.
Position Title: Retail Lending Loan Underwriter 1
Business Unit: Retail Lending
Reports To: Varies Based on Assignment
Position Overview
This position description covers underwriting positions for Direct, Indirect or Small Business Lending. This position is primarily responsible for new loan application analysis, underwriting and declination review noting that the importance of this function impacts long term company goals and objectives. The incumbent plays a major role in the acquisition of loan assets utilizing appropriate risk management discipline.
Primary Responsibilities
Reviews loan applications from consumers and small businesses within the Bank’s delivery channels or directly through dealer channels to evaluate a degree of risk involved and determines the acceptance of applications. Verifies all application information for accuracy and completeness though validation of loan data against documentation provided.
Pays appropriate attention to proper ordering of documentation to lessen the Bank’s potential risk of loss considering a broad array of credit related information including repayment capacity, collateral valuations, credit histories, other banking relationships and regulatory impact in reaching final credit decisions.
Takes responsibility for compliance to Bank’s policies and procedures for underwriting loans depending on assignment. Complies with regulations regarding declinations and notification is sent within stated time frames.
Develops partnerships with loan processors and Bank branch personnel to improve overall customer satisfaction. Maintains the customer relationships that were developed by the loan originators including Bank branch personnel and the Business Development and Underwriter.
Performs tax return analysis to develop the self-employed borrower’s income. Obtains and compiles copies of loan applicants' credit histories, corporate financial statements, tax returns, collateral valuations and other financial information. Reviews the appraisal report for accuracy and completeness.
Takes responsibility for final approval of documents.
Continually educates other Bank personnel on policy, credit risk tolerance and regulatory factors involving all relevant loan issues. Stays abreast of new types of loans and other financial services and products to better meet customers' needs.
Approves loans up to and including a set loan authority.
Performs other related duties and projects as assigned.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.
F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Minimum Education
BA or BS
Minimum Years Experience
3
Special Skills
Excellent project management skills
Excellent communication skills, both written and verbal
Excellent organizational, analytical and interpersonal skills
Excellent customer service skills
Ability to use a personal computer and job-related software
MS Word - Basic Level
MS Excel - Intermediate Level
MS PowerPoint - Basic Level
Special Licenses And Certificates
N/A
Physical Requirements
N/A
Equal Employment Opportunity (EEO)
It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.
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