Consumer Credit Underwriter

Johnson Financial Group; Madison (WI); On-site; USD 60,000 - 75,000; Full time

Job summary

Johnson Financial Group in Madison, WI, seeks a Consumer Credit Underwriter (CCU) to evaluate consumer loan applications in line with bank policy and regulatory requirements.

The role emphasizes thorough analysis of financial statements, appraisals, flood determinations, and title policies to determine loan qualification.

Qualifications

• Bachelor's degree in accounting, finance or related discipline preferred.
• Analytical and communication skills with solid computer skills.
• Proficiency in Microsoft Office applications (Word, Excel).
• Strong interpersonal, relationship-building and leadership potential.

Responsibilities

• Review and analyze financial statements, appraisals, flood determinations and title policies to validate loan qualification.
• Assist Relationship Managers with structuring and risk assessment of loan relationships.
• Remain current on state and federal regulations affecting consumer lending.
• Identify and mitigate rate and procedural exceptions to gain approvals as needed.
• Maintain working knowledge of underwriting software used for consumer loans.

Skills

Analytical skills

Communication skills

Microsoft Office

Interpersonal skills

Relationship building

Leadership

Education

Bachelor's degree in accounting or finance

Tools

Microsoft Word

Microsoft Excel

Job description

The Consumer Credit Underwriter (CCU) possesses a thorough understanding of the principles governing credit administration with an emphasis on consumer loans. The Consumer Credit Underwriter ensures that all loans, extensions, modifications, renewals, subordinations and partial releases are underwritten according to the approved guidelines with the Bank's loan policy and are in compliance with applicable state and federal banking regulations.

KEY RESPONSIBILITIES

• Review and analyze financial statements, appraisals, flood determinations and title policies to validate loan qualification in order to approve and/or decline applications acceptable to the Bank.
• Assist Relationship Managers with structuring and risk assessment of loan relationships.
• Remains current on all pending and proposed state and federal regulatory changes impacting consumer lending.
• Identify and mitigate rate and procedural exceptions by working with the Relationship Manger, Regional Line of Business Leaders and/or Regional Credit Officer to clear loan exceptions or gain approval as necessary.
• Maintains working knowledge of software in relation to consumer loan underwriting.

Our Associates are expected to willingly accept new responsibilities to support our success; this includes either taking on new tasks or learning new skills in order to meet business and organizational goals.

JOB REQUIREMENTS - EDUCATION, KNOWLEDGE AND SKILLS

• Bachelor's degree in accounting, finance or other applicable discipline preferred (the appropriate combination of education and experience will be considered). Must possess excellent analytical and communication skills with above-average computer skills and demonstrated proficiency in Microsoft Office applications (Word, Excel). Excellent interpersonal skills, relationship building skills, with the ability to multi-task and meet deadlines; must function as a team player and have the ability to lead projects. Attention to detail and accuracy is critical and must also demonstrate the ability to think creatively to provide added value to the underwriting and credit process.

Come as you are.

Our culture embraces diversity, equity, & inclusion; one where everyone feels valued and heard. For more information on JFG's culture and diversity efforts, including our employee resource groups, please visit the Diversity section of our career website.