Underwriter Senior

OneMain Financial; Tempe (AZ); On-site; USD 80,000 - 105,000; Full time

Job summary

OneMain Financial in Tempe, AZ is seeking a Sr. Underwriter to analyze credit data, assess risk, and make prudent loan decisions within approved guidelines.

You will collaborate with internal and external partners to ensure timely turnarounds while upholding Fair and Responsible Lending practices. Responsibilities include reviewing complex financial information, interpreting credit bureau reports, mentoring junior staff, and meeting production goals without compromising underwriting integrity.

Qualifications

• HS Diploma or equivalent.
• Minimum of 5 years’ experience in consumer loan underwriting.
• Integrity, independent thinking, dealing with ambiguity, learning agility, detail oriented.
• Ability to work under pressure in a fast-paced environment.
• Effective written and verbal communication skills.
• Strong negotiation, analytical and problem-solving skills.
• Innovative thinker with the ability to implement actions to achieve the strategic vision.

Responsibilities

• Analyze credit bureau reports and evaluate stability, ability, willingness, and collateral/equity position of customer and make decisions regarding credit worthiness within approved limits.
• Analyze highly complex financial and credit information according to internal underwriting standards while complying with Fair and Responsible Lending Practices, identifying potential fraud.
• Meet production and goals while maintaining underwriting integrity and applying sound underwriting principles, policies, procedures, and controls.
• Utilize key metrics to strategically improve volume results.
• Provide strong and clear communication to internal and external partners for quick turnaround time.
• Partner with Central Sales and Branch leadership through deal reviews and escalations.
• Review complex loans requiring exceptions.
• Mentor less experienced underwriters and support staff.

Skills

Communication

Negotiation

Analytical thinking

Decision making under pressure

Mentorship

Education

HS Diploma or equivalent

Job description

The Sr. Underwriter is responsible for analysis, negotiation, and decisioning on loan requests submitted by multiple loan originating sources. The Senior Underwriter is responsible for making prudent credit decisions within established guidelines, in compliance with all state and federal laws as well as OneMain policies and procedures. The ideal candidate will have experience or capability to analyze the credit factors affecting loan risk to the company, appraisals, and loan yields. Effective communication and collaboration with OneMain and external resources is necessary to recommend terms and conditions of loan decisions within established approval guidelines, leveraging risk versus reward to ensure credit quality and profitability.

In the Role

• Analyzes credit bureau reports and evaluates stability, ability, willingness, and collateral/equity position of customer and makes decisions regarding the credit worthiness of customers within approved limits.
• Responsible for analyzing highly complex financial and credit information according to internal underwriting standards while complying with Fair and Responsible Lending Practices, identifying, and processing potential fraud.
• Meets production and goals while maintaining underwriting integrity through working knowledge of sound underwriting principles, policies, procedures, and controls to ensure overall profitability of product line.
• Utilize key metrics to strategically improve volume results.
• Responsible for providing strong and clear communication to internal and external partners to ensure quick turnaround time.
• Partnering with Central Sales and Branch leadership through deal reviews and escalations.
• Review complex loans requiring exceptions.
• Works collaboratively with other team members and provides mentorship to less experienced underwriters and support staff. Ex. Lending Manager support.

Requirements

• HS Diploma or equivalent
• Minimum of 5 years’ experience in consumer loan underwriting.
• Display high level of integrity, independent thinking, dealing with ambiguity, learning agility, detail oriented, inclusive and results oriented.
• Ability to work under pressure and make decisions in a fast-paced environment.
• Effective communication skills including verbal, written, and presentation.
• Strong negotiation, analytical, and problem-solving skills.
• Innovative thinker with strong ability to implement actions to achieve strategic vision.

Location: Tempe, AZ

Department Schedule: Mon-Fri 7:00 AM—9:0 0 PM CST, Saturday 7:00 AM -3:00 PM CST. Flexible scheduling is available within hours listed.