Direct Consumer Lending Underwriter I

SAN-Diego-County-Credit-Union

San Diego (CA)

On-site

USD 84,364,000 - 103,871,000

Full time

14 days+

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Job summary

SAN-Diego-County-Credit-Union is seeking a Direct Consumer Lending Underwriter I in San Diego, CA to review low to medium complexity loan files and render sound credit decisions in line with policies and regulations. The role involves gathering information from branches, explaining requirements, and maintaining high service standards.

You will analyze financial data, credit reports, and ratios, stay current with lending guidelines, and collaborate with senior underwriters.

Qualifications

High school diploma or equivalent.
Minimum one year related experience in consumer lending, branch or related department.
Ability to analyze financial statements, credit bureau reports, and other financial data.
Ability to calculate lending ratios and identify credit issues, fraud or other lending risks.
Knowledge of Reg Z, Reg B, FCRA & FACTA, ECOA.
Basic PC skills.
Effective written, verbal, and organizational skills.

Responsibilities

Analyze and evaluate routine loan requests and related data to make decisions in compliance with underwriting policies.
Keep current with lending updates, criteria, guidelines, procedures and processes.
Work within authority limits and seek assistance when appropriate.
Develop and maintain relationships with branch staff and provide service.
Gather information and explain loan decision reasons to branches.
Meet or exceed targets for decision turn time, volume, service, and loan performance.
Participate in AML/BSA compliance training and CTR rules.

Skills

Analytical skills

Credit analysis

Written communication

Verbal communication

Organizational skills

Regulatory knowledge

Basic PC skills

Attention to detail

Education

High school diploma or equivalent

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time San Diego, CA, US

3 days ago Requisition ID: 1403

Salary Range: $29.50 To $36.25 Hourly

Position Summary:

The Direct Consumer Lending Underwriter I is responsible for reviewing low to medium complexity files and evaluating consumer loan applications and related data/documentation to render sound credit decisions according to credit union policies, procedures and state and federal guidelines. This position communicates with branch and other Credit Union staff to gather information or to explain reasons for requirements, stipulations or decisions. Maintain quality service standards set by the organization.

Minimum Qualifications (Education, Experience, Skills)

High school diploma or equivalent.
Minimum one year related experience in consumer lending, branch or related department.
Demonstrated ability to thoroughly analyze financial statements, credit bureau reports and other financial data and document findings.
College level analytical skills with the ability to calculate a wide variety of lending ratios, conduct loan risk analysis and properly identify credit issues, fraud or other associated lending risks.
Working knowledge of financial institution regulations and policies, including Reg Z, Reg B, FCRA & FACTA, and Equal Credit Opportunity Act (ECOA).
Basic PC Skills.
Effective written, verbal, and organizational skills.

Essential Duties and Responsibilities

Analyze and evaluate routine loan requests including application information, credit bureau reports, collateral evaluation, account information and any other internal or external data/documentation pertinent to making decisions in compliance with underwriting, processing policies and guidelines.
Keep current with knowledge of the credit union’s lending updates, criteria, guidelines, procedures, policies, and processes in order to make sound lending decisions.
Work within authority limits, seeking assistance when appropriate.
Develop and maintain relationships with branch and other credit union employees through open and professional communication while consistently providing expected levels of service.
Communicate with branch staff and management to gather information to make appropriate decisions.
Provide guidance to branches and other credit union staff and clearly explain reasons for stipulating or denying the loan request. Partner with Senior Direct Consumer Lending Underwriters on loan review to maintain good loan performance and enhance independent loan review skills.
Meet or exceed established targets/business metrics with regard to decision turn time, volume, service, quality and loan performance.
Participate in AML/BSA compliance training as assigned. Adhere to credit union AML/BSA policy and procedures including CTR rules and form preparation, identify and refer suspicious activity to the Compliance Department, perform OFAC comparisons and properly identify individuals in accordance with Branch Operations procedures.

Other Duties and Responsibilities

Participate as needed in SDCCU car sales or other events.
Assist Indirect Lending when needed.
Assist in various projects.
Perform other duties as assigned.

Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; and talk or hear. The employee is occasionally required to reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl.

The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, and color vision.

The noise level in the work environment is usually moderate.