FSB Consumer Underwriter I

USAA•Phoenix Metro, AZ

12d•Hybrid

About The Position

USAA is seeking a Consumer Underwriter I to review and underwrite consumer loan and credit card applications within defined guidelines and framework. This role requires an understanding of established written risks, compliance policies, guidelines, procedures, and regulatory requirements. The position is based in Arizona and is remote eligible, with occasional business travel. USAA's mission is to empower its members to achieve financial security through highly competitive products, exceptional service, and trusted advice, aiming to be the #1 choice for the military community and their families. USAA values honesty, integrity, loyalty, and service.

Requirements

Bachelor's degree; OR 4 years of relevant education and/or experience.
4 years of consumer lending and/or real estate lending experience with at least 2 years of consumer lending and/or real estate underwriting experience.
Proficient knowledge of consumer loan processes, data analysis tools, and industry acumen.
Successful completion of a job-related assessment and certification to obtain lending authority is required upon completion of training.
Knowledge of federal laws, rules, regulations, and applicable guidance to include: TILA/REG Z, REG B, UDAAP/UDAP, FCRA, BSA/AML, SCRA/MLA, OCC Heightened Standards.

Nice To Haves

Recent Consumer Underwriting experience within the last 6 months
US military experience gained through military service or gained as a military spouse / domestic partner

Responsibilities

Utilize established procedures and guidelines to validate credit, income, and other relevant information to underwrite credit card and consumer loans of moderate risk within a defined limit of authority and to ensure compliance with all regulatory requirements.
Ensure loan agreements are complete, accurate, and in compliance with policy.
Research, develop, and document detailed synopsis of the application files to ensure decision clarity while providing feedback and serving as a resource to peers and business partners.
May provide insight on projects relating to process and system enhancements.
Maintain proficient understanding of all aspects of Consumer Lending and Credit Card portfolio and underwriting guidelines.
Utilize prior relevant underwriting experience to make lending decisions with an advanced level of authority.
Manage a high volume of credit card and consumer loans due to higher level of decisioning authority.
Review member provided documents for accuracy and alignment with company and industry standards.
Document loan decisions and required provisions necessary to complete the loan and communicate the decision.
Complete loan decisions which most effectively mitigate credit risks for USAA.
Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.