Retail Lending Loan Underwriter

First National Bank; Pittsburgh (Allegheny County); On-site; USD 55,000 - 85,000; Full time

Job summary

First National Bank is seeking a Retail Lending Loan Underwriter 1 in Pittsburgh to analyze new loan applications and determine risk. You will underwrite and review declinations, ensuring accuracy and compliance with policy and timelines.

The role involves verifying data, reviewing appraisals and income sources, and collaborating with loan processors and branches to strengthen customer relationships. Requires 3 years of experience and a BA/BS degree.

Qualifications

• BA or BS required for a loan underwriting role.
• 3 years of underwriting experience preferred.
• Strong analysis, communication, and documentation skills.

Responsibilities

• Review consumer and small business loan applications for risk and acceptance.
• Validate accuracy and completeness of documentation and data.
• Ensure compliance with policies and regulatory timelines for declinations.
• Develop partnerships with processors and branches to improve customer satisfaction.
• Analyze tax returns and financial statements for self-employed borrowers.

Skills

Project management

Communication

Organizational skills

Interpersonal skills

Customer service

Proficient PC use

Education

BA/BS degree

Tools

MS Word

MS Excel

MS PowerPoint

Job description

Primary Office Location: 626 Washington Place, Pittsburgh, Pennsylvania, 15219.

Position Title: Retail Lending Loan Underwriter 1

Business Unit: Retail Lending

Reports To: Varies Based on Assignment

Position Overview

This position description covers underwriting positions for Direct, Indirect, or Small Business Lending. This position is primarily responsible for new loan application analysis, underwriting, and declination review noting that the importance of this function impacts long‑term company goals and objectives. The incumbent plays a major role in the acquisition of loan assets utilizing appropriate risk management discipline.

Primary Responsibilities

• Reviews loan applications from consumers and small businesses within the Bank's delivery channels or directly through dealer channels to evaluate a degree of risk involved and determines the acceptance of applications.
• Verifies all application information for accuracy and completeness through validation of loan data against documentation provided.
• Pays appropriate attention to proper ordering of documentation to lessen the Bank's potential risk of loss considering a broad array of credit related information including repayment capacity, collateral valuations, credit histories, other banking relationships and regulatory impact in reaching final credit decisions.
• Takes responsibility for compliance to Bank's policies and procedures for underwriting loans depending on assignment. Complies with regulations regarding declinations and notification is sent within stated time frames.
• Develops partnerships with loan processors and Bank branch personnel to improve overall customer satisfaction. Maintains the customer relationships that were developed by the loan originators including Bank branch personnel and the Business Development and Underwriter.
• Performs tax return analysis to develop the self‑employed borrower's income. Obtains and compiles copies of loan applicants' credit histories, corporate financial statements, tax returns, collateral valuations and other financial information.
• Reviews the appraisal report for accuracy and completeness.
• Takes responsibility for final approval of documents.
• Continually educates other Bank personnel on policy, credit risk tolerance and regulatory factors involving all relevant loan issues. Stays abreast of new types of loans and other financial services and products to better meet customers' needs.
• Approves loans up to and including a set loan authority.
• Performs other related duties and projects as assigned.
• All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program.

Minimum Education

BA or BS

Minimum Years Experience

3 years

Special Skills

• Excellent project management skills
• Excellent communication skills, both written and verbal
• Excellent organizational, analytical and interpersonal skills
• Excellent customer service skills
• Ability to use a personal computer and job‑related software
• MS Word - Basic Level
• MS Excel - Intermediate Level
• MS PowerPoint - Basic Level

Special Licenses and Certificates

N/A

Physical Requirements

N/A

Equal Employment Opportunity (EEO)

It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.

FNB will not provide sponsorship for employment‑based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.