Consumer Loan Underwriter 4

Sunward Federal Credit Union; Albuquerque (NM); On-site; USD 90,000 - 120,000; Full time

Job summary

Sunward Federal Credit Union is seeking a seasoned Consumer Underwriter to review loan documents and analyze borrower risk across auto, personal, credit card and home equity lines of credit.

The role includes mentoring staff, providing policy feedback, and responding to underwriting inquiries to ensure compliance with banking regulations.

Qualifications

• Minimum six years’ experience in consumer and HELOC underwriting, lending or related experience.
• Minimum high school diploma/GED or more than six year of related experience.

Responsibilities

• Review loan documents and underwriting decisions for consumer loans and HELOCs.
• Mentor and train new staff on underwriting processes.
• Provide feedback on underwriting policies and procedures.

Skills

Interpersonal communication

Negotiation

Organizational skills

Microsoft Office

Analytical thinking

Decision making

Education

High school diploma or GED

Six years underwriting experience

Tools

Microsoft Office

Job description

Description

Job Summary:

Reviews loan documents and appropriate auto, personal, credit card and home equity lines of credit applications, by assessing financial risk, analyzing data, reviewing borrowers creditworthiness, and ensuring compliance with banking regulations, while making crucial loan underwriting decisions.

Essential Job Duties:

• Perform all duties for a level 1, 2, and 3 Consumer Underwriter
• Assist in coaching, mentoring, motivation and training new staff members on products and procedures
• Identifies training or knowledge gaps within the team and brings to the attention of supervisor, while seeking to close those gaps, to ensure consistent, superior service for our members.
• Provide insight and feedback to management on underwriting policies and procedures
• Answer underwriting inquiries and provided detailed and accurate response in a timely manner
• Support and respond to questions from Consumer Underwriter 1, 2 and 3.
• Support staff in absence of manager or supervisor
• Resolve escalated issues of high complexity and associated risks.
• Perform other duties as assigned.

Requirements

Required Skills/Abilities:

• Excellent interpersonal and negotiation skills.
• Excellent organizational skills and attention to detail.
• Strong proficiency with Microsoft Office applications. Familiar and comfortable with information technology, particularly digital means of communication.
• Strong organizational skills in managing multiple initiatives.
• Strong analytical and decision-making skills

Knowledge:

• Expert knowledge of consumer credit and underwriting principles
• Expert with federal and state regulations affecting consumer loans
• Expert level knowledge of overall consumer and mortgage lending processes, including underwriting and loan processing.
• Expert level knowledge of valid documentation related to the processing of consumer and mortgage applications (tax returns, financial statements, verification of income, etc.)
• High level experience underwriting portfolio

Education and Experience:

• Minimum six years’ experience in consumer and HELOC underwriting, lending or related experience
• Minimum high school diploma/GED or more than six year of related experience.

Physical Requirements:

Prolonged periods of sitting at a desk and working on a computer.

Must be able to lift 5 pounds at times.