Consumer Credit Underwriter

Lawrence Bank; Nashville (TN); On-site; USD 55,000 - 80,000; Full time

Job summary

Lawrence Bank in Nashville, TN is seeking a Consumer Credit Underwriter to evaluate loan applications, analyze credit reports and financial documents, and determine risk in line with lending policies and regulations.

The role requires 1–3+ years in consumer loan underwriting, a relevant associate degree, strong analytical skills, and excellent customer service to explain decisions and collaborate with loan officers.

Qualifications

• 1–3+ years in consumer loan underwriting.

Responsibilities

• Review and analyze loan applications: credit reports, financial statements, tax returns and documentation.
• Evaluate creditworthiness by applying policy guidelines to manually underwritten loans.
• Make credit decisions: approve, counter-approve, or deny within policy and compliance.
• Ensure compliance with federal, state, and industry regulations; protect lender’s interests.
• Provide responsive customer service by explaining decisions and addressing inquiries.

Skills

Credit analysis

Policy application

Regulatory knowledge

Customer service

Financial statement review

Education

Associate or college degree in business, finance, accounting, management, or related field

Job description

The Consumer Credit Underwriter is responsible for evaluating the creditworthiness of individuals applying for consumer loans, ensuring decisions align with lending policies, regulations, and risk management standards. The Consumer Credit Underwriter plays a critical role in protecting the lender’s interest by ensuring only qualified borrowers receive credit, while also supporting loan growth and customer satisfaction. The role blends analytical, compliance, and customer service responsibilities in a fast-paced lending environment.

Key Duties and Responsibilities

• Review and analyze loan applications : Examine credit reports, financial statements, tax returns, and other documentation to assess repayment ability and risk
• Evaluate creditworthiness : Knowledge and ability to Manually Underwrite, understanding and apply policy guidelines to manually underwritten loans. Determine if applicants meet lending criteria, considering income, savings, payment history, and debt levels.
• Make credit decisions : Approve, counter-approve, or deny loan requests within established credit policy and compliance guidelines
• Compliance and policy adherence : Ensure all underwriting decisions follow federal, state, and industry regulations
• Customer service : Respond to inquiries from internal teams and customers, explain decisions, and resolve issues in a timely manner.
• Collaboration : Work with loan officers, originators, and senior underwriters to gather documentation, and discuss issues.
• Specialized loan types : Underwrite installment loans, home equity loans, HELOCs, and other consumer products

Qualifications

Education

• Associate or college degree in business, finance, accounting, management, or related field, preferred

Experience

• 1–3+ years in consumer loan underwriting, with experience evaluating installment, HELOANS, and HELOCs

Knowledge and Skills :

• Able to maintain high production and quality
• Strong analytical and financial analysis skills
• Knowledge of consumer lending products and practices
• Familiarity with credit reports and lending regulations