Senior Consumer Loan Underwriter Professional (Centralized Lending)

Hawaii State Federal Credit Union; Honolulu (HI); Vor Ort; USD 70.600 - 90.825; Vollzeit

Benefits dieser Stelle

Health coverage

Paid time off

401(k) plan

Transportation subsidy

Wellness programs

Tuition assistance

Zusammenfassung

Hawaii State Federal Credit Union is seeking a Senior Consumer Loan Underwriter Professional for its Centralized Lending team in Honolulu. The role reviews and underwrites consumer loan products, including online and branch-originated loans, and ensures compliance with credit union standards and regulatory guidelines.

Key duties include risk assessment, loan approvals, and collaboration with Loan Coordinators, branch staff, and vendors to maintain efficient, secure lending operations.

Qualifikationen

• 4–6 years of loan underwriting experience.
• Knowledge of consumer and home equity lending practices.
• Strong math, analytical, and financial skills.
• Working knowledge of Windows, Outlook, Word, and Excel.
• Ability to adapt to changes in work environment or processes.
• Bachelor’s degree or equivalent experience.

Aufgaben

• Review and underwrite all consumer loan products, including home equity loans originated online, in branches, or through centralized lending.
• Approve, suspend, or deny loan applications in line with standards and regulatory guidelines.
• Identify, analyze, and evaluate loan risks and compensating factors.
• Support front-line staff and vendors in loan origination and processing.
• Ensure loans are approved within credit union policies and legal requirements.
• Provide guidance to Loan Personnel and maintain asset safety.

Kenntnisse

Loan underwriting

Consumer lending

Home equity lending

Analytical skills

Excel

Windows

Outlook

Word

Regulatory knowledge

Ausbildung

Bachelor’s degree

Tools

MeridianLink

Origence

Jobbeschreibung

Position Summary

The Senior Consumer Loan Underwriter Professional (Centralized Lending) is an opportunity to contribute to a cross‑functional, agile team that validates and facilitates high‑volume loan requests. As the Senior Underwriter, you review and underwrite all consumer loan products, including home equity loans originated online, in branches, or through the centralized lending branch support process. This role performs all underwriting duties without face‑to‑face contact, identifies, analyzes, and evaluates loan risks and compensating factors, and ensures marketability of closed loans and safety of credit union assets. You approve, suspend, or deny loan applications, serving members and prospective members promptly and professionally by working with the Loan Coordinator Associates, branch lenders, or vendors (for indirect lending). You ensure loans are approved within the credit union’s standards, procedures, and regulatory underwriting guidelines and provide support and guidance to front‑line Loan Personnel.

Location: HSFCU Headquarters, Downtown Honolulu. Salary Range: $70,600 – $90,825 per year. NMLS Registration: Requires National Mortgage Licensing System registration under the SAFE Act of 2008; upon employment you must register on NMLS or transfer your previous registration to HSFCU, with annual renewal thereafter.

Essential Duties

• Execute established operational goals and ensure corporate plans and programs are complemented and supported.
• Ensure all department functions conform to credit union policies, procedures, and governmental regulations.
• Resolve moderately complex issues, compare alternative solutions, and decide on appropriate approaches.
• Evaluate and assess the capacity and collateral of consumers, including home equity loans.
• Assess applicant’s employment history, verifying employment, and evaluating overtime, bonuses, commissions, and tax returns.
• Determine the adequacy of applicant’s income and the probability of meeting financial obligations, comparing previous housing expenses with proposed expenses and analyzing income trends for future increases.
• Review borrower’s credit history, investigate derogatory credit, and ensure all mortgage histories are rated and debts listed.
• Complete all underwriting functions in accordance with credit union program requirements and legal/regulatory requirements.

Minimum Qualifications And Experience

• 4–6 years of loan underwriting experience.
• Knowledge of consumer and home equity lending practices.
• Strong math, analytical, and financial skills.
• Working knowledge of Windows, File Explorer, Outlook, Microsoft Word, and Excel.
• Ability to adapt to changes in work environment or processes.
• Efficient and organized work habits.
• Understanding of related legal and regulatory standards and loan documentation.
• Bachelor’s degree or equivalent experience.

Preferred Qualifications

• Bachelor’s degree in Business or related field.
• Prior work experience in a credit union or financial institution.
• Familiarity with loan origination systems and underwriting platforms (e.g., MeridianLink, Origence).

Overview

Find your happy place. Hawaii State Federal Credit Union is more than a bank or a credit union; we’re a place where “Always Right By You” is a promise to our employees. Our dynamic, supportive work environment offers competitive compensation and robust benefits, along with opportunities for career advancement and a healthy work‑life balance.

Benefits

• Competitive Compensation: Merit increases and incentives.
• Health Coverage: 100% coverage for medical and dental premiums for full‑time employees, 50% for family members; flexible spending plan pre‑tax deductions available after 6 months.
• Paid Time Off: 13 paid holidays, Election Day, and up to 2 full days for community service, with additional PTO accrual for each year employed.
• Retirement Savings: 401(k) plan with up to 10% employer contributions, including 6% match and profit sharing after the first year.
• Transportation Subsidy: 100% bus pass reimbursement or up to $100 subsidy for parking.
• Health & Wellness: Access to wellness fairs, flu shot clinics, and on‑site fitness centers.
• Additional Benefits: Flexible spending plans, credit union discounts, life, accident, and disability insurance.
• Growth Opportunities: Employee development through training programs, workshops, career development assistance, and tuition assistance.
• Work Environment: Modern headquarters prioritizing wellness and productivity, inclusive culture focused on teamwork and community.
• Employee Recognition: Appreciated for supportive environment, inclusive voice, recognized as one of Hawaii’s best places to work for over 15 years.