Consumer Loan Underwriter

Jimmy Jazz; Tulsa (OK); On-site; USD 32,000 - 36,000; Full time

Benefits offered by this job

401(k)

401(k) matching

Health, Dental, and Vision Insurance

Paid Time Off

Life Insurance

Short/Long Term Disability Insurance

Flex Spending Account (FSA)

Job summary

Energy One Federal Credit Union is seeking a detail-oriented Consumer Loan Underwriter to evaluate loan applications, analyze creditworthiness, and make sound lending decisions for members. The role requires strong analytical skills and a focus on member service.

The position involves reviewing credit reports, applying lending guidelines, and staying current with consumer lending regulations while supporting team initiatives.

Qualifications

• Review and analyze consumer loan applications for approval or denial.
• Evaluate credit reports, credit scores, income documentation, collateral, debt-to-income ratios, and other financial information.
• Assess lending risk and determine members' ability to repay loans.
• Make lending decisions within authority limits and refer exceptions as appropriate.
• Ensure compliance with policies and regulations.

Responsibilities

• Review and analyze consumer loan applications for approval or denial.
• Evaluate credit reports, credit scores, income documentation, collateral, debt-to-income ratios, and other financial information.
• Assess lending risk and determine members' ability to repay loans.
• Make lending decisions within established authority limits and refer exceptions as appropriate.
• Ensure all lending decisions comply with credit union policies and federal and state regulations.
• Process payment deferrals, due date changes, and collateral releases within policy guidelines.
• Identify cross-sell opportunities for loan, deposit, and financial products.
• Stay informed regarding lending trends and regulatory changes.
• Assist members and staff with loan-related questions and lending solutions.

Skills

Credit analysis

Underwriting

Financial evaluation

Attention to detail

Education

High School Diploma or GED

Tools

Loan origination systems

Microsoft Office

Job description

• Location 6555 S LEWIS AVE,TULSA, OK, 74136-1010,United States
• Base Pay $23.30 - $25.92 / Hour
• Job Category loan underwriting, consumer lending, financial services
• Employee Type FT Non-Exempt
• Required Degree High school
• Manage Others No

Contact information

• Name Victoria Turner
• Phone [phone]
• Email [e-mail]

Description

Energy One Federal Credit Union is seeking a detail-oriented and member-focused Consumer Loan Underwriter to join our lending team. In this role, you will evaluate consumer loan applications, analyze creditworthiness, and make sound lending decisions while providing exceptional service to our members.

If you have strong analytical skills, lending experience, and a passion for helping people achieve their financial goals, we'd love to hear from you!

Duties Include:

• Review and analyze consumer loan applications for approval or denial.
• Evaluate credit reports, credit scores, income documentation, collateral, debt-to-income ratios, and other financial information.
• Assess lending risk and determine members' ability to repay loans.
• Make lending decisions within established authority limits and refer exceptions as appropriate.
• Ensure all lending decisions comply with credit union policies and federal and state regulations.
• Process payment deferrals, due date changes, and collateral releases within policy guidelines.
• Identify opportunities to cross-sell additional loan, deposit, and financial products that benefit members.
• Stay informed regarding consumer lending trends, products, and regulatory changes.
• Assist members and internal staff with loan-related questions and lending solutions.
• Participate in team meetings, training, and other department initiatives.
• 401(k)
• 401(k) matching
• Health, Dental, and Vision Insurances
• Paid Time Off
• Life Insurance
• Short and Long Term Disability Insurance
• Flex Spending Account (FSA)

Requirements

Required

• High School Diploma or GED.
• 3 to 5 years of consumer lending, loan underwriting, loan processing, banking, or credit union experience.
• Strong understanding of credit reports, consumer lending principles, and risk evaluation.
• Ability to analyze financial information and make sound lending decisions.
• Strong verbal and written communication skills.
• Excellent attention to detail and organizational skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Proficiency with loan origination systems and Microsoft Office applications.

Preferred

• Knowledge of indirect, auto, personal, recreational vehicle, or unsecured lending.
• Familiarity with consumer lending regulations and compliance requirements.
• Experience with loan exception analysis and tiered lending programs.

Summary

Full Time Position - Not a Remote Position

Schedule & Work Hours:

• Monday through Friday, with a rotating Saturday schedule
• Schedule may vary based on operational needs