What are the responsibilities and job description for the Underwriter-Direct position at Farmers Logo 2022?
SUMMARY: This position will work with consumer loan applications to determine credit worthiness and suitability for approval. This position will routinely handle confidential documents and conduct a thorough financial analysis of appropriate client information.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Analyze a borrower’s credit worthiness by reviewing verification of income, tax returns, financial statements, credit reports, real estate, appraisals, title work, and any other supporting documents
necessary - Determine if a customer’s loan application should be approved or denied within the lending limit authority
- Ensure the compliance, accuracy and completeness of loan documentation
- Assist when necessary in the preparation of loan closing documentation
- Review credit applications and recommends decisions on applications over their assigned authority to supervisor
- Rework loan to new terms or identify additional conditions as needed
- Interact with Operations, Compliance, and Funding for problem resolution, risk evaluation and compliance concerns, as needed
- Provide input on new and/or existing underwriting processes and procedures
- Remain current and knowledgeable regarding industry, new product offering guidelines, department procedures, and regulatory changes
- Assist lenders and processors with file documentation
- Accomplish bank mission by completing related results as needed
- Communicate and interpret in a clear and concise manner any insufficient or inadequate data not properly documented or received to the Loan Manager or other lending officer
- Determine alternate documentation that can be used in lieu of standard requirements using sound judgment and prior knowledge/experience
- Prepare and presents summation reports related to monthly, quarterly, and annual goals, and for compliance reporting
- Properly process and underwrite Indirect loan applications as needed
- Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money Laundering procedures. Maintain compliance with all appropriate rules and regulations
- Regular, predictable attendance is an essential requirement of this position
- Complete all other duties as assigned
EDUCATION and/or EXPERIENCE:
- Bachelor’s Degree in finance or accounting (or equivalent work experience)
- Minimum of three (3) years of lending and/or underwriting experience
- Proven customer service skills, direct contact and via phone
- Strong knowledge of Word, Excel, Internet navigation/research, and Outlook is expected
Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran