Consumer Indirect Loan Underwriter

DATCU • Corinth, TX

5d

About The Position

DATCU is currently looking for a Lending Underwriter. We are seeking a candidate with an understanding of the Indirect Lending Process: Familiarity with auto loan financing through dealerships and knowledge of underwriting guidelines and procedures. If you are interested, please read more below! About DATCU: DATCU was founded in 1936. We are a not-for-profit financial institution that helps to make a difference in the community. We encourage our employees growth and hire from within. We offer great benefits such as health insurance, 3+ weeks of paid time off, paid holidays, and a 401k plan. You'll be provided with a positive work environment and you'll feel like part of a family. We've also been named one of the best companies to work for in Texas! Average Day on the Job: Responsible for receiving, reviewing, and processing applications for indirect consumer loans. Assembles loan applications and coordinates appraisals for loans that meet initial lending criteria and are within approved lending limits. Approves loans within limits of authority. Presents loan requests above lending limit for approval as per loan policy. Answers any partner dealer questions regarding applications and speaking with dealer partners on the phone to obtain additional loan information and documentation as needed. Ensures that dealers and prospective dealers are promptly and professionally served. Provides general Credit Union information and cross-sells services. Responsible for maintaining and developing relationships with area automobile, boat, and recreational vehicle dealerships. Responsible for building relationships with staff of auto refinance companies signed. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice. This position has the potential for remote work based on management discretion.

Requirements

• High school graduate with required loan training and certification.
• Knowledge of Credit Union loan services, policies, and procedures.
• Understanding of related legal and regulatory standards, and required loan documentation.
• Knowledge of consumer lending practices.
• General lending knowledge.
• Abilities generally acquired on the job. Includes formal and on-the-job training.
• Excellent interviewing, communication, and public relations skills.
• Strong analytical and financial skills.
• Professional appearance, dress, and attitude.
• Exceptional Member Service skills.
• Ability to operate related computer applications and other business equipment.
• Strong typing skills.

Nice To Haves

• Minimum of one year of Loan Underwriting experience preferred.
• Bilingual a plus.

Responsibilities

• Receiving, reviewing, and processing applications for indirect consumer loans
• Assembling loan applications and coordinating appraisals for loans that meet initial lending criteria and are within approved lending limits
• Approving loans within limits of authority
• Presenting loan requests above lending limit for approval as per loan policy
• Answering any partner dealer questions regarding applications and speaking with dealer partners on the phone to obtain additional loan information and documentation as needed
• Ensuring that dealers and prospective dealers are promptly and professionally served
• Providing general Credit Union information and cross-sells services
• Maintaining and developing relationships with area automobile, boat, and recreational vehicle dealerships
• Responsible for building relationships with staff of auto refinance companies signed

Benefits

• health insurance
• 3+ weeks of paid time off
• paid holidays
• 401k plan

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 101-250 employees