Corporate Retail Loan Underwriter

Robbins Road • Springfield, IL

3d

About The Position

The Corporate Retail Loan Underwriter makes prudent credit decisions within the bank’s approval and exception guidelines, complies with state and federal regulations, and follows MCB practices, policies, and procedures. The role reviews loan requests for income, credit history, debt ratios, and savings, and ensures a buyer’s debt remains within the limits established by the applicable loan program. The position has no supervisory responsibilities.

Requirements

• High school education and diploma.
• Knowledge of customer service principles.
• Relevant computer skills.
• Must be authorized to work in the United States without restriction or employer sponsorship, now and in the future.

Nice To Haves

• Bachelor’s degree in an area of specialty.

Responsibilities

• Interview applicants and request specified information from residential loan applicants.
• Analyze applicants’ financial status, credit, and property evaluations to determine loan feasibility.
• Evaluate loans to maximize organizational profit while minimizing risk or loss.
• Submit applications to the Credit Analyst for verification and recommendation.
• Approve loans within specified limits or refer them to the Loan Committee for approval.
• Answer telephone and written inquiries concerning loan processing information.
• Attend MCB loan meetings as scheduled.
• Attend a loan overview course.
• Complete required annual BSA and other bank-related training through BAI.

Benefits

• Medical insurance.
• Dental insurance.
• Vision insurance.
• Short-term disability insurance.
• Health Savings Account (HSA).
• Flexible Spending Account (FSA).
• 401(k).
• Life and AD&D insurance.
• Long-term disability insurance.
• Vacation days.
• Personal days.
• Paid holidays.
• Employee Stock Ownership Plan (ESOP).

What This Job Offers

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