What are the responsibilities and job description for the Consumer Lending Underwriter position at Gateway First Bank?
Consumer Lending Underwriter JOB SUMMARY:
Responsible for reviewing and rendering decisions on prime credit applications using the loan origination system while ensuring adherence to established credit policies and risk standards. This role evaluates creditworthiness, balances risk against growth objectives, and prepares analytical reports on loan performance, trends, and key risk indicators. The position interacts directly with applicants to obtain required information and collaborates closely with sales and operations teams to support an efficient, customer focused lending process.
Consumer Lending Underwriter ESSENTIAL FUNCTIONS (RESPONSIBILITIES):
* Reviews and decisions prime credit applications using the loan origination system.
* Preforms right size credit risk while adhering to policy and supporting growth objectives.
* Prepares and analyzes reports related to loan performance, trends, and risk metrics.
* Communicates directly with applicants when additional information is required to complete a decision.
* Partners closely with sales and operations teams to ensure an efficient lending process.
* Exercises awareness with regard to possible suspicious activity, money laundering or fraudulent behavior and reports any such incidents to the BSA department. Performs all job functions in compliance with all company policies and federal, state, and local laws and regulations as applicable to the position, including, but not limited to BSA/AML, OFAC and GLBA/privacy rules.
* Performs related responsibilities as required or assigned.
Qualifications:
Consumer Lending Underwriter REQUIRED QUALIFICATIONS:
Knowledge/Skills/Abilities
* Thorough knowledge in Consumer Lending specifically in Home Improvement Lending policies, procedures, and practices.
* Proficient in MS Office.
* Strong communication and presentation skills for engaging clients.
* Ability to develop relationships.
* Exemplifies the Gateway Values: Growth Oriented, Make a Difference, "Get it Done" Attitude, Team Player, Do the Right Thing.
* Thorough knowledge in Consumer Lending specifically in Home Improvement Lending policies, procedures, and practices.
* Proficient in MS Office.
* Strong communication and presentation skills for engaging clients.
* Ability to develop relationships.
* Exemplifies the Gateway Values: Growth Oriented, Make a Difference, "Get it Done" Attitude, Team Player, Do the Right Thing.
Equivalent Education/Experience
* High School Diploma required or equivalent work experience.
* 2-4 years of Consumer Lending experience required, ideally within home improvement financing.
* Familiarity with MeridianLink or similar systems is preferred.
* High School Diploma required or equivalent work experience.
* 2-4 years of Consumer Lending experience required, ideally within home improvement financing.
* Familiarity with MeridianLink or similar systems is preferred.
Consumer Lending Underwriter SPECIAL JOB DIMENSIONS:
None.
NOTE: The essential job functions and associated qualifications contained in this document describe the general nature and level of the work performed. They are not intended to represent an exhaustive listing or be inclusive of all aspects of the job. The tasks and procedures involved in the performance of the essential job functions may vary from day-to-day. Major changes in areas of responsibility may occur, as directed by management, and will require revision of this job description.