Indirect Specialty Underwriter II

Fifth Third Bank; United States; Remote; USD 47,000 - 95,000; Full time

Job summary

An established industry player is seeking a detail-oriented Indirect Specialty Underwriter to join their team. In this role, you will analyze consumer credit applications, make informed credit decisions, and provide exceptional service to internal and external clients. Your expertise will directly contribute to the success of the lending process across multiple regions. This dynamic position requires strong analytical and communication skills, as well as the ability to thrive in a fast-paced environment. Join a forward-thinking organization that values inclusivity and professional growth, where your contributions will make a meaningful impact.

Qualifications

• Minimum 6 months experience in Consumer Lending or Underwriting.
• Strong analytical and organizational skills required.

Responsibilities

• Analyze consumer credit reports for lending applications.
• Communicate credit decisions in compliance with guidelines.
• Develop business relationships with customers.

Skills

Consumer Lending

Underwriting

Analytical Skills

Interpersonal Skills

Communication Skills

Organizational Skills

Computer Skills

Time Management

Education

College degree in business or Finance

Tools

ACAPS

Job description

Make banking a Fifth Third better

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION: Responsible for analyzing Consumer Credit applications and information for Indirect Specialty Lending. Direct responsibility to underwrite secured and unsecured Consumer Specialty Lending products (i.e., indirect installment loans/leases) across multiple states, affiliates or geographic regions. Provides superior quality service to internal and external customers (Dealership FI Finance & Insurance Managers, affiliates and vendors). Trains less experienced underwriters. Supports process improvements and business objectives. Accepts additional projects as assigned.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Analyze consumer credit reports for Consumer Specialty lending applications to evaluate risk and make appropriate credit decision for Indirect Specialty Lending across multiple states, affiliates or geographic regions.
• Reviews documents to support credit decisions (dealer contracts, verification of income, tax returns, and additional supporting documentation, etc.)
• Verifies completeness and accuracy of credit applications.
• Formulates and communicates credit decision (approve, decline or counteroffer) in compliance with established underwriting guidelines, compliance and Regulatory requirements.
• Develops business relationships and builds rapport with customers to achieve mutual goals across multiple states, affiliates or geographic regions.
• Manages application pipeline to meet business objectives.
• Reviews complex credit, declined and pipeline applications and recommends appropriate action to maximize production and meet stated service quality levels.
• Assists less experienced underwriters with structuring loans to maximize production and manage risk.
• Provides superior quality service to internal and external customers at all times and demonstrates professional demeanor.
• Consumer lending credit authority is commensurate with consumer lending authority guidelines and business need.
• Reviews credit applications and recommends decisions on applications over their assigned authority to their manager.

SUPERVISORY RESPONSIBILITIES: None.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• College degree in business or Finance or equivalent work experience.
• Minimum 6 months Consumer Lending or related industry experience or a minimum 6 months Consumer Lending Underwriting experience.
• Strong interpersonal, written and verbal communication skills.
• Ability to handle multiple tasks and Meet deadlines in fast paced environment.
• Ability to interact with Vice President level managers; build consensus; and motivate others.
• Strong analytical and organizational skills.
• Strong computer skills.
• Strong working knowledge of ACAPS.

Indirect Specialty Underwriter IITotal Base Pay Range 47,100.00 - 94,200.00 USD AnnualLOCATION -- Virtual, Arizona 00000

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.