Strategic Consumer Loan Underwriter (Auto, Card, HELOC)

Sunward; Albuquerque (NM); On-site; USD 37,000 - 47,000; Full time

Job summary

Sunward in Albuquerque, NM is seeking a Consumer Underwriter to review and decide on consumer loan applications. You will assess creditworthiness, analyze borrower finances, and ensure compliance with credit union policies and regulatory requirements.

Depending on level, you will underwrite auto, personal, credit card, and home equity line of credit applications, exercising lending authority based on experience and approved limits. Strong analytical and communication skills are essential.

Qualifications

• Minimum two years’ experience in loan underwriting or directly related experience.
• Minimum high school diploma/GED or more than two year of related experience.

Responsibilities

• Reviews consumer loan applications and supporting documentation to evaluate creditworthiness, repayment ability, and overall risk.
• Assesses borrower financial profiles, including credit history, income and employment stability, debt-to-income ratios, loan-to-value ratios, assets, and other relevant information.
• Calculates and evaluates key financial ratios and debt-servicing ability using applicable financial tools and credit scoring models.
• Obtains and verifies required documentation, including income verification, employment history, financial statements, and other supporting information.
• Makes loan approval or decline decisions within assigned lending authority based on risk assessment, underwriting criteria, and the General Loan Policy.
• Clearly documents and communicates the rationale for underwriting decisions.
• Recommends appropriate loan terms and conditions and identifies alternative loan structures when appropriate based on borrower needs and risk profile.
• Collaborates with loan processors, originators, and other stakeholders to obtain additional information or clarification needed to decision loan applications.
• Responds to underwriting questions accurately and in a timely manner.
• Escalates loan applications that exceed assigned lending authority or involve higher levels of complexity or risk, providing a recommendation to a higher-level Consumer Underwriter or Supervisor.
• Participates in lending seminars, training, and other development opportunities as appropriate.
• Performs other duties as assigned.

Skills

Interpersonal skills

Negotiation

Organizational skills

Attention to detail

MS Office

Digital communication

Analytical decision making

Education

High school diploma or GED

Job description

Sunward in Albuquerque, NM is seeking a Consumer Underwriter to review and decide on consumer loan applications. You will assess creditworthiness, analyze borrower finances, and ensure compliance with credit union policies and regulatory requirements.

Depending on level, you will underwrite auto, personal, credit card, and home equity line of credit applications, exercising lending authority based on experience and approved limits. Strong analytical and communication skills are essential.