Consumer Lending Underwriter II

Bellco Credit Union•Greenwood Village, CO

6d•Hybrid

About The Position

The Consumer Lending Underwriter II will review and analyze both direct and indirect loan applications to determine whether applicants meet financial and creditworthiness criteria. The Underwriter II assesses the risk associated with approving a loan, evaluates the borrower’s income, credit history, employment history, debt-to-income ratio, confirms compliance with guidelines and all regulatory requirements (both state and federal), and to render a sound credit decision. The Underwriter II will utilize experience to drive consistency and in mentoring team members. Will also assist in training as necessary and will provide advanced technical expertise. As part of the Consumer Lending Underwriting team, Underwriter II strives to provide exceptional service to all members. The Consumer Loan Underwriter II may participate in QC activities.

Requirements

Minimum 3 years’ experience in underwriting, preferably with Consumer Lending experience
Knowledge of general lending guidelines including state, federal and fair lending
Ability to work with a high degree of confidentiality
Ability to adjust and effectively incorporate changes to guidelines and procedures in a timely manner
Thorough understanding of credit reporting and credit analysis
Proven ability to analyze income documentation including personal and business tax returns and complete a cash flow analysis.
Ability to apply guidelines and lending matrices
Ability to review member data in Core system
Working knowledge of home equity processing and state and federal lending guidelines
Proficient with Microsoft Office (Word, Excel, Outlook).
Strong analytical and decision-making skills.
Strong attention to detail.
Organized and ability to handle fast paced environment with time management skills with the ability to prioritize workload.
Strong communication skills both verbal and written.
Demonstrates strong analytical/problem solving and time-management skills.
Ability to work flexible hours
Regular and punctual attendance

Nice To Haves

Bachelor’s degree in related field or equivalent experience preferred

Responsibilities

Review and analyze loan applications to determine creditworthiness.
Assess the risk associated with approving a loan.
Evaluate borrower's income, credit history, employment history, and debt-to-income ratio.
Confirm compliance with guidelines and regulatory requirements.
Render sound credit decisions.
Drive consistency and mentor team members.
Assist in training as necessary and provide advanced technical expertise.
Provide exceptional service to all members.
Participate in QC activities.
Manage pipeline and complete work within established Service Level Agreement (SLA) standards.
Complete activities associated with the underwriting of home equity lines of credit.
Perform accurate math computations including income, debt to income ratios, loan to value ratios, and combined loan to value ratios.
Ensure compliance with regulatory and Agency requirements.
Make final underwriting decisions on loans within granted lending authority.
Apply lending guidelines fairly and without bias.
Contribute to compliance, auditing, and other organization-wide initiatives.
Provide Quality Control support.
Manage fluctuating volumes, including high volume periods.
Distribute and reallocate pipelines as necessary to ensure member experience.
Identify training needs for team members and lead on-the-job training.
Ensure member satisfaction within all loan channels and points of contact.
Report vendor performance and service standards to the management team.
Collaborate internally to troubleshoot questions/issues and resolve inquiries.
Maintain regular and punctual attendance.