Consumer Loan Underwriter

Centennial Bank•Conway, AR

About The Position

The Consumer Loan Underwriter utilizes the DecisionPro consumer loan decision software to evaluate applications, provide consumer underwriting decisions, and communicate those decisions to loan officers, loan assistants, branch managers, and customer service representatives (collectively referred to as Consumer Originators). This role supports a wide range of loan types and collateral types. The position also assists Consumer Originators with compliance related to required disclosures and documentation. Additionally, the Consumer Loan Underwriter serves as a backup to the Credit Risk Management Specialists.

Requirements

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc.
Equivalent to a four year college degree, plus 2 years related experience and/or training, or equivalent combination of education and experience.
Ability to effectively communicate information and respond to questions in person-to-person and small group situations with customers, clients, general public and other employees of the organization.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
Ability to apply concepts such as fractions, ratios, and proportions to practical situations.
Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.
Intermediate: 10-Key, Alphanumeric Data Entry, Database, Spreadsheet, Word Processing/Typing
Basic: Accounting, Presentation/PowerPoint
Should be analytically minded.
Proficient in Microsoft Word & Excel.
General knowledge of the retail banking function.
Ability to multi-task and prioritize.
Ability to work under time constraints.
Excellent oral and written communication skills.

Responsibilities

Utilize DecisionPro software, underwrite and ensure the satisfactory and prompt delivery of all consumer loan underwriting decisions.
Ensure proper compliance measures and action regarding Fair Credit, Reg. Z, and Reg B compliance.
Communicate alternative financing options for consumer credit requests.
Identify and communicate other pre-approved consumer products and services to loan originators.
Assist in conducting loan training for Consumer Originators, if requested.
Participate in new consumer loan product development and implementation, if requested.
Review and prepare loan denials for denied Consumer Non-Real Estate loans.
Perform other duties as required within the Credit Risk Management Department to maintain service level agreements.
The ability to work in a constant state of alertness and in a safe manner.
Completes required BSA/AML training and other compliance training as assigned.
Perform any other related duties as required or assigned.