Consumer Credit Underwriter

Johnson Financial Group; Madison (WI); On-site; USD 65,000 - 95,000; Full time

Job summary

Johnson Financial Group in Madison, WI seeks a Consumer Credit Underwriter who applies loan policy and credit guidelines to consumer loans. The position involves evaluating financial documents and ensuring compliance with state and federal regulations.

You will review financial statements, appraisals, and title policies, assist Relationship Managers with risk assessment, and stay current on regulatory changes affecting lending activities. Strong analytical and communication skills are essential.

Qualifications

• Bachelor's degree in accounting, finance or other applicable discipline preferred.
• Strong analytical and communication skills; proficient in MS Office.

Responsibilities

• Review financial statements, appraisals, flood determinations and title policies to validate loan qualification.
• Assist Relationship Managers with structuring and risk assessment of loan relationships.
• Stay current on regulatory changes impacting consumer lending.
• Identify and mitigate rate and procedural exceptions with stakeholders.
• Maintain working knowledge of software related to consumer loan underwriting.

Skills

Analytical skills

Communication skills

Interpersonal skills

Microsoft Excel

Microsoft Word

Multi-tasking

Team leadership

Education

Bachelor's degree in accounting, finance or related discipline

Tools

Excel

Word

Job description

Overview

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.

Overview

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.