Indirect Lending Credit Underwriter

First US Bank; Birmingham; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading bank is seeking an Indirect Lending Credit Underwriter to analyze loan applications and make credit decisions. The role involves evaluating credit applications, ensuring compliance with regulations, and providing excellent customer service. This position offers a unique 4/10 work schedule, with in-office work on weekdays and remote work on Saturdays.

Qualifications

• Minimum of two years of consumer lending credit underwriting experience.

Responsibilities

• Evaluates credit applications and makes credit decisions.
• Reviews documents to support credit decisions.
• Communicates credit decisions to dealers.

Skills

Analytical Skills

Organizational Skills

Communication Skills

Education

High School diploma or equivalent

Bachelor’s degree

Job description

Position:Indirect Lending Credit Underwriter

Location: 3291 US Hwy 280 Ste. 100

Birmingham, AL

Job Id:575

# of Openings:1

Job Summary:

Analyzes loan applications against credit criteria and bank policy to make credit decisions for approval. Supports the overall business needs of the indirect lending department. Provides superior service in a prompt, courteous, and professional manner.

This position is a “4/10” work schedule of four 10-hour days each week - Wednesday, Thursday, Friday, and Saturday; 8:00 am to 6:00 pm. Wednesday, Thursday, and Friday is in-office; Saturday is remote.

Primary Responsibilities / Job Duties:

• Evaluates credit applications to evaluate risk and make appropriate credit decision for indirect consumer loans submitted by boat, camper, RV, horse trailer, and cargo trailer dealerships across multiple states.
• Verifies completeness and accuracy of credit applications.
• Reviews documents to support credit decision (credit report, verification of income, tax returns, personal financial statements, etc.)
• Underwrites loans within stated consumer lending guidelines and applicable regulations.
• Formulates and communicates credit decision (approve, decline, or counteroffer) in compliance with established procedures and applicable regulations.
• Interacts with dealers clarifying loan decisions as necessary.
• Manages application pipeline to meet business objectives.
• Provides superior quality service to internal and external customers at all times and demonstrates a professional demeanor.
• Complies with all applicable laws, regulations, guidelines, processes, and procedures.
• Participates in and complete all required compliance training, including BSA/AML, as well as other internal and external training programs.
• Participates in training new teammates as needed.
• Performs other duties as assigned.

Position Requirements:

• High School diploma or equivalent required. Bachelor’s degree preferred.
• Minimum of two years of consumer lending credit underwriting experience.
• Strong analytical and organizational skills.
• Excellent verbal and written communication skills.
• Ability to work in a fast-paced environment and complete tasks within time limits.
• Ability to work four 10-hour days each week. (Wednesday, Thursday, Friday, and Saturday; 8:00 am to 6:00 pm) Wednesday, Thursday, and Friday is in-office; Saturday is remote.

Working Environment / Physical Demands:

Work is performed in a professional office environment and requires the ability to operate standard office equipment and keyboards. Prolonged periods sitting at a desk and working on a computer. May require the ability to lift files, bend, reach, walk or maneuver around the bank. Must be able to lift up to 25 pounds at times.

Disclaimer:

This position description is not intended, and should not be construed, to be an exhaustive list of all responsibilities, skills, efforts or working conditions associated with the job; it is intended to be an accurate reflection of those principal job elements essential to the job.

Federal Contractor – Equal Opportunity Employer M/F/Disabled/Vets