Consumer Loan Processor Underwriter

Baker Boyer Career•Walla Walla, WA

1d•Onsite

About The Position

The Consumer Loan Processor / Underwriter plays a key supporting role in the lending team, working closely with the Consumer Loan Advisors to deliver positive and timely experience to our clients. In this position, you will assist in gathering documentation from clients and third-party vendors to prepare loan files for underwriting. You will help track timely delivery of disclosures and documentation, while carefully reviewing and analyzing income and collateral documents to evaluate loan files to make sound loan decisions that align with the bank’s standards and lending policy.

Requirements

Exceptional attention to detail and accuracy
Ability to work under pressure, prioritize multiple job tasks and meet deadlines
Excellent customer service skills
Demonstrate leadership proficiency
Knowledge of federal regulations as they pertain to lending
Understanding of income and financial documentation including comprehension of complete tax returns and supporting documentation.
Proactive problem solver
Positive approach to building relationships with other departments
Exceptional verbal and written communication skills
Strong computer literacy, including Microsoft Office
Demonstrated ability to efficiently learn new programs and to proficiently use and interpret data provided by software tools
Demonstrated excellent time management and organizational skills
Leads by example, with approach to work and coworker interactions exemplifying professionalism both in appearance and attitude
Knowledge of different loan types/products
Processor / Underwriter I: bachelor’s or associate degree in business, finance or related degree; two years related experience and/or training; or equivalent combination of education and experience.
General understanding of banking and/or financial services industry.
Processor / Underwriter II: Developed the knowledge, skills and experience to function independently and proficiently in all aspects of loan processing and underwriting in either the Consumer or Commercial channel.
This includes, but is not limited to: 3 years’ experience in consumer level income analysis and underwriting
Proficient understanding of Consumer lending compliance and regulations
Proficient in understanding and analysis of business financials and business structure
Expertise in Freddie Mac lending guidelines and use of the Seller Servicer Guide
Proficient knowledge of Baker Boyer Loan Policy

Responsibilities

Greeting walk-in clients, answering phones and scheduling appointments.
Work with clients and Advisors to gather required documents
Work with vendors to complete all necessary order outs as required.
Communicate with title companies, realtors, vendors and clients on loan progress
Review documents as they arrive for accuracy and updating the information as required
Review Appraisals and AVMs for accuracy and completeness
Assist in sending/managing timely delivery of disclosures
Organize complete file and complete credit and income underwriting according to company policy and investor guidelines as appropriate.
Evaluate all applicants’ credit risk and deliver appropriate credit decisions within approval limits.
Orders closing documents for loan files
Manage follow-up items after closing

Benefits

Medical, Dental, Vision plans
AD&D & Life Insurance
Long Term Disability
401(k) - 100% safe harbor match up to 6%, plus an additional profit-sharing contribution, resulting in employer contributions of up to 12% of annual salary.
10 days of Vacation time
7 days of Sick, Safe & More (SSMORE) leave
3 Revive & Renew (R&R) days
11 Paid Federal Holidays annually
Life Assistance Plan
Free access to financial counselors
Employee Wellness Program
8 hours of paid volunteer time annually