Consumer Loan Underwriter — Fast Approvals & Solutions

TAMPA BAY FEDERAL CREDIT UNION.; Tampa (FL); On-site; USD 34,000 - 41,000; Full time

Job summary

Tampa Bay Federal Credit Union in Tampa, FL seeks a Consumer Loan Underwriter to review and underwrite credit requests within loan authority limits. You will support a sales culture and apply knowledge of lending products and the credit union's offerings to serve members efficiently.

The role requires 1 year of loan authority experience (or 4 years consumer lending) and involves explaining policies, calculating loan terms, and communicating decisions to dealers and members.

Qualifications

• One year of loan authority experience (excluding automated approvals) demonstrating proficient skill in making loan decisions on motor vehicles and unsecured credit requests strongly preferred
• Four years consumer lending experience demonstrating proficient skill in originating, processing or collecting loans

Responsibilities

• Promptly review and act on credit requests submitted through our Direct and Indirect platforms
• Approve or decline consumer loans requests using prudent judgement within the designated lending authority according to the credit unions policies and guidelines
• Increase, decrease or change the conditions of existing lines of credit within authorized guidelines
• Processes loans as warranted
• Communicates lending decisions on indirect loan applications to assigned dealers in a manner that provides the dealer prompt and efficient service
• Provides guidance in various loan alternatives or solutions to associates with recommendations for different credit union loan products and services
• Maintains knowledge of direct and indirect lending markets
• Explains loan policies, credit granting criteria, interest rates, loan calculations, as well as procedures and required documentation for each loan product

Job description

Tampa Bay Federal Credit Union in Tampa, FL seeks a Consumer Loan Underwriter to review and underwrite credit requests within loan authority limits. You will support a sales culture and apply knowledge of lending products and the credit union's offerings to serve members efficiently.

The role requires 1 year of loan authority experience (or 4 years consumer lending) and involves explaining policies, calculating loan terms, and communicating decisions to dealers and members.