Consumer Loan Underwriter

Andover Bank • Andover, OH

1d • Onsite

About The Position

The Consumer Loan Underwriter underwrites consumer loans for quality, accuracy, and completeness. This role involves evaluating applications, making financing decisions, and ensuring all loan documentation is accurate and complete. The underwriter must maintain knowledge of bank regulations, security, compliance, products, and policies, while providing exceptional customer service.

Requirements

• High school diploma or general education degree (GED) required
• One to three years related experience
• Ability to read, analyze and interpret loan documents
• Ability to write routine reports and correspondence
• Ability to effectively present information and respond to questions from groups, internal and external customers and the general public
• Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals
• Ability to compute rate, ratio and percent
• Ability to solve practical problems and deal with a variety of concrete variables in standardized situations
• Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form
• Strong organizational skills with attention to detail
• Ability to perform strong computer skills and operate computer programs
• Demonstrated working knowledge of Microsoft Excel
• Proficient in analysis, cash flow, credit reporting and knowledge of FICO credit scores

Responsibilities

• Provides accurate, efficient and exceptional customer service to both internal and external customers
• Maintains knowledge of bank regulations, security and compliance responsibilities, products, policies, procedures and meets deadlines
• Satisfactorily completes all training required for the position
• Verifies completeness of data on loan papers
• Evaluates applications for loans and makes decisions regarding whether to approve an applicant for financing
• Contacts loan originators to discuss financial information material to the decision making process
• Underwrites, evaluates and analyzes the financial statement/tax returns of a loan applicant
• Assembles documents for delivery to title company, real estate broker or lending officer for closing
• Other duties as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED