Senior Indirect Auto & Specialty Lending Underwriter

Texas Dow Employees Credit Union; Post Oak (TX); Hybrid; USD 80,000 - 110,000; Full time

Benefits offered by this job

Hybrid work arrangement

On-site 3 days/week Post Oak office

Job summary

Texas Dow Employees Credit Union in Texas is seeking a Sr. Indirect Consumer Loan Underwriter to evaluate creditworthiness and approve indirect auto and specialty lending, including autos, boats, motorcycles, RVs, and other collateralized loans.

You will exercise delegated authority and serve as SME for the underwriting team and dealer partners. The role supports process improvements, mentors teammates, handles escalations, and collaborates with processing and funding to ensure accurate, timely

Qualifications

• Minimum five (5) years of work experience in Consumer Loan or Indirect Underwriting.
• Comprehensive knowledge of Indirect Auto and Specialty Lending products, underwriting guidelines, loan documentation requirements, policies, procedures, and lending practices.
• Advanced understanding of consumer credit analysis, including creditworthiness, income verification, debt-to-income (DTI), loan-to-value (LTV), collateral valuation, and risk assessment.
• Demonstrated ability to exercise sound credit judgment and independent decision-making within assigned lending authority, including complex credit scenarios, policy exceptions, and elevated lending limits.
• Strong analytical, critical thinking, and problem-solving skills with the ability to evaluate complex loan requests, identify potential risks, and recommend appropriate lending solutions.
• Ability to identify process gaps, recommend improvements, and support initiatives that enhance underwriting efficiency, decision quality, and service level performance.
• Excellent verbal and written communication skills, with the ability to effectively communicate credit decisions, lending requirements, and policy interpretations to management, team members, dealer partners, and other stakeholders.
• Strong interpersonal and relationship-building skills, demonstrating professionalism, empathy, courtesy, and tact when interacting with internal and external business partners.
• Ability to work independently while maintaining a collaborative, team-oriented approach.
• Knowledge of applicable federal and state consumer lending laws and regulations, including NCUA requirements, Reg B, Reg Z, BSA, OFAC, and Identity Theft Red Flags.

Responsibilities

• Evaluates, analyzes, and underwrites consumer loan applications primarily received through the Indirect Lending channel, including Auto and Specialty Lending products.
• Exercises independent lending authority and sound credit judgment when evaluating creditworthiness, income, collateral, and overall risk exposure.
• Reviews and decisions complex credit applications requiring advanced underwriting knowledge and problem-solving.
• Communicates credit decisions clearly to dealer partners, internal lending teams, and other stakeholders.
• Serves as SME for Indirect Consumer Lending, providing guidance, coaching, and mentoring to Underwriters.
• Identifies opportunities to improve underwriting processes, workflows, policies, and procedures.
• Builds and maintains relationships with internal departments and dealer teams to promote collaboration and consistent lending practices.
• Collaborates with Loan Processing and Funding teams to ensure packages meet underwriting requirements and SLAs.
• Supports Consumer Lending performance by maintaining productivity, quality, and service levels.

Skills

Advanced underwriting

Credit analysis

Strong communication

Decision-making under authority

Education

HS Diploma or GED

Bachelor's degree preferred

Tools

MeridianLink CLOS

CUDL

Dealertrack

AppOne

IMM

DocuSign

Fiserv DNA

Job description

Texas Dow Employees Credit Union in Texas is seeking a Sr. Indirect Consumer Loan Underwriter to evaluate creditworthiness and approve indirect auto and specialty lending, including autos, boats, motorcycles, RVs, and other collateralized loans.

You will exercise delegated authority and serve as SME for the underwriting team and dealer partners. The role supports process improvements, mentors teammates, handles escalations, and collaborates with processing and funding to ensure accurate, timely