Consumer Loan Underwriter I

Maine State Credit Union•Farmingdale, ME

4d•Onsite

About The Position

The Consumer Loan Underwriter I is responsible for evaluating and approving consumer loan applications. This role involves assessing creditworthiness, ensuring compliance with lending policies, and providing exceptional service to members by facilitating their financial needs through sound lending decisions. PLEASE NOTE: THIS IS AN ON-SITE, IN-PERSON POSITION. CANDIDATE MUST RESIDE IN STATE OF MAINE, POSSIBLE HYBRID OPPORTUNITY ONCE FULLY TRAINED

Requirements

Minimum of 1-2 years of experience in consumer loan underwriting or a related financial services role
Experience in evaluating creditworthiness and risk assessment for loan applicants
Familiarity with loan processing systems and financial software applications
Strong analytical skills to assess financial information and make informed decisions- Excellent communication skills for interacting with clients and team members.
Knowledge of state and federal regulations related to consumer lending.
Proficiency in Microsoft Office Suite, particularly Excel, for data analysis and reporting.

Responsibilities

Serve as the primary contact for dealerships and members with indirect loan needs
Complete and respond to employee, member, and dealer loan decisioning and funding requests with varying degrees of complexity
Maintain accurate records of loan decisions and ensure all documentation is complete and up to date
Provide recommendations for loan approvals, denials, or alternative solutions to meet members' financial needs
Individuals will go on dealership visits to engage in networking and support for our indirect partners

Benefits

Employer-subsidized medical insurance plans, includes one plan with employer paid premiums of 97%
HSA – generous employer contribution
Employer funded HRA
Employer-subsidized Dental and Vision Insurance
100% employer paid - Life, Short-Term Disability and Long-Term Disability Insurance
Accident Insurance
Competitive wages, and annual evaluations with compensation adjustments
Generous 401(k) employer match, plus annual discretionary contribution
Generous PTO with immediate PTO accruals + 8 hrs of birthday PTO & 12 paid holidays
Paid Parental Leave
Education reimbursement - up to $5,000 annually for undergraduate
Opportunities to volunteer in our local communities
100% Employer Paid EAP which includes 6 free mental health sessions
Wellness Reimbursement of up to $150
Free coffee, tea, and hot chocolate and an abundance of food