Consumer Loan Specialist I

Alpine Bank•Rifle, CO

3d•$20 - $25•Hybrid

About The Position

General Purpose The Consumer Loan Specialist I position is the entry level position in the Consumer Loan Underwriting Team. Under direct supervision, the Consumer Loan Specialist I will review and evaluate consumer non-real estate loan applications using the Bank’s automated loan platform system. Essential Duties/Responsibilities Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Understanding of different types of consumer loan applications and disclosures used for each. Understands consumer loan documentation and follows compliance regulations. Discerns the Bank’s loan policy guidelines and underwrites loan requests within lending parameters. Inputs loan application into loan software and upload any supporting documents that are sent by the location contact. Reviews system decision recommendation by analyzing the application information, credit report history, debt-to-income ratio, and the collateral loan-to-value ratio. Reviews and deciphers essential information on an applicant’s credit history report. Identifies missing items or information and communicates with location contact and customer. Ensures underwriting meets loan policy requirements with supervisor review and assistance. Decisions the loan and articulates decision to both the customer and the Retail Branch Representative. Orchestrates loan closing between the customer and the Retail Branch Representative or completes adverse action for disclosure. Regular and reliable attendance is required as an essential function of this position. Performs other duties as assigned. Employees are held accountable for all duties of this job.

Requirements

Teamwork ethics: demonstrates ability to work successfully as a team player.
Demonstrates a positive attitude and adaptability, especially regarding workflow process and technology changes.
Displays motivation to initiate work; is a self-starter.
Ability to work independently.
Organizational skills: ability to effectively prioritize, be detailed oriented, and manage workload.
Good analytical abilities to gather and interpret data and decision basic loan requests.
Ability to work in a fast-paced environment with a desire for professional growth.
Strong verbal and written communication skills.
Computer Skills: Underwriters require advanced computer skills and must be proficient with Excel, Word, and financial analysis software and other spreadsheet packages.
High School Diploma or General Education Diploma (GED) equivalent required.
Possession of, or ability to obtain, a valid NMLS License, required.

Nice To Haves

Working knowledge of Loan Policy desired.
Minimum of 2 years of banking experience preferred.
Experience with loan compliance and loan documentation preferred.
An equivalent combination of education and experience may be substituted on a year-to-year basis.

Responsibilities

Understanding of different types of consumer loan applications and disclosures used for each.
Understands consumer loan documentation and follows compliance regulations.
Discerns the Bank’s loan policy guidelines and underwrites loan requests within lending parameters.
Inputs loan application into loan software and upload any supporting documents that are sent by the location contact.
Reviews system decision recommendation by analyzing the application information, credit report history, debt-to-income ratio, and the collateral loan-to-value ratio.
Reviews and deciphers essential information on an applicant’s credit history report.
Identifies missing items or information and communicates with location contact and customer.
Ensures underwriting meets loan policy requirements with supervisor review and assistance.
Decisions the loan and articulates decision to both the customer and the Retail Branch Representative.
Orchestrates loan closing between the customer and the Retail Branch Representative or completes adverse action for disclosure.
Regular and reliable attendance is required as an essential function of this position.
Performs other duties as assigned.
Employees are held accountable for all duties of this job.