Consumer Loan Underwriter

Ultimate Staffing Services; San Jose (CA); Hybrid; USD 70,000 - 95,000; Full time

Benefits offered by this job

Hybrid work flexibility

Competitive hourly pay

Job summary

Ultimate Staffing Services in San Jose, CA, is seeking a Consumer Loan Underwriter to evaluate and approve consumer loan applications while balancing sound credit decisions with customer experience.

The role requires underwriting direct and indirect loans, analyzing credit, income, debt, and regulatory compliance, with a hybrid work schedule based on business needs.

Qualifications

• 3+ years of consumer loan underwriting experience.
• Experience underwriting direct and indirect consumer loans.
• Strong credit analysis and risk assessment skills.
• Experience working within a bank, credit union, or financial institution.
• Ability to analyze financial information and make sound lending decisions.
• Strong communication and customer service skills.
• Ability to manage multiple priorities in a fast-paced environment.

Responsibilities

• Underwrite direct and indirect consumer loan applications.
• Analyze credit, income, collateral, debt, and overall risk.
• Make loan decisions within assigned lending authority.
• Recommend exceptions and approvals outside authorization limits.
• Identify solutions that help applicants qualify when appropriate.
• Review complex loan requests and financial documentation.
• Ensure compliance with lending policies and regulatory requirements.
• Partner with lending and branch teams to support loan growth.
• Provide guidance and support to team members on underwriting decisions.
• Recommend process improvements to enhance efficiency and service.

Skills

Credit Analysis

Loan Underwriting

Regulatory Compliance

Financial Statement Analysis

Customer Service

Multi-tasking

Education

Associate degree or equivalent work experience

Bachelor's degree in Finance, Business, or related field

Tools

Microsoft Excel

Microsoft Word

Job description

Consumer Loan Underwriter (JN -082026-429052) San Jose, California

Salary: USD33.65 - USD45.67 per hour

Consumer Loan Underwriter

Location: San Jose, CA

Pay: $33.65 - $45.67 per hour

Overview

Join a growing financial institution as a Consumer Loan Underwriter responsible for evaluating and approving consumer loan applications while balancing sound credit decisions with an exceptional customer experience.

What You'll Do

• Underwrite direct and indirect consumer loan applications.
• Analyze credit, income, collateral, debt, and overall risk.
• Make loan decisions within assigned lending authority.
• Recommend exceptions and approvals outside authorization limits.
• Identify solutions that help applicants qualify when appropriate.
• Review complex loan requests and financial documentation.
• Ensure compliance with lending policies and regulatory requirements.
• Partner with lending and branch teams to support loan growth.
• Provide guidance and support to team members on underwriting decisions.
• Recommend process improvements to enhance efficiency and service.

What We're Looking For

Required Qualifications

• 3+ years of consumer loan underwriting experience.
• Experience underwriting direct and indirect consumer loans.
• Strong credit analysis and risk assessment skills.
• Experience working within a bank, credit union, or financial institution.
• Ability to analyze financial information and make sound lending decisions.
• Strong communication and customer service skills.
• Ability to manage multiple priorities in a fast-paced environment.

Preferred Qualifications

• Associate degree or equivalent work experience.
• Bachelor's degree in Finance, Business, or a related field.
• Experience reviewing complex financial statements and credit profiles.
• Proficiency with Microsoft Excel and Word.

Key Skills

• Credit Analysis
• Loan Underwriting
• Secured Lending
• Unsecured Lending
• Regulatory Compliance

Schedule

• Full-Time
• Monday through Friday
• 9:00 AM to 6:00 PM
• Occasional overtime as needed
• Flexibility to work additional hours during peak periods

Why Join?

• Competitive hourly pay: $33.65 - $45.67/hour
• Opportunity to underwrite a wide variety of consumer loan products.
• Collaborative and supportive team environment.
• Hybrid work flexibility based on business needs and performance.
• Growth opportunities within lending and credit operations.