Consumer Lending Underwriter

Lake Michigan Credit Union•Grand Rapids, MI

1d•Onsite

About The Position

Lake Michigan Credit Union is seeking a detail-oriented, member-focused Consumer Lending Underwriter to evaluate loan applications, make sound credit decisions, and provide an exceptional member experience. The position supports members’ financial goals by assessing risk and loan eligibility, explaining available products, and helping members navigate their financial needs. It is based at 4027 Lake Drive, Grand Rapids, Michigan, and is fully on-site.

Requirements

Strong analytical and decision-making skills, including the ability to assess financial risk.
Excellent written and verbal communication skills.
Ability to explain complex financial concepts clearly to members.
Detail-oriented, with strong organizational skills.
Ability to manage multiple priorities in a fast-paced environment.
Commitment to exceptional member service.
High school diploma or equivalent required.
Three to five years of experience in consumer lending, underwriting, or a related financial services role is listed as preferred experience.

Nice To Haves

Experience with lending systems, credit analysis tools, and loan documentation processes.
Additional education in finance, business, or a related field.

Responsibilities

Interview loan applicants to gather information about their financial needs, income, and overall financial condition.
Analyze applicants’ financial profiles, credit reports, and supporting documentation to assess risk and determine loan eligibility.
Approve, deny, or escalate loan applications according to lending policies and authority limits.
Educate members about available loan products and help them select options suited to their needs.
Establish loan terms and communicate conditions, rates, and repayment expectations to members.
Prepare and review loan documentation for accuracy, completeness, and compliance.
Process and authorize servicing actions, including collateral releases, loan modifications, due date changes, payment deferrals, and waivers.
Monitor funded loans for adherence to terms and coordinate with collections when necessary.
Participate in sales and business development activities to support lending growth.
Stay informed about industry trends, regulatory changes, and consumer lending best practices.
Adhere to and champion LMCU’s core values of curious minds, collaborative hearts, and continuous excellence.
Follow applicable federal and state laws, regulations, and guidance; comply with LMCU policies and procedures; and complete required training.