FSB Consumer Underwriter II

USAA•Phoenix Metro, AZ

11d•Hybrid

About The Position

As a dedicated Consumer Underwriter II, you will, within defined guidelines and framework, review and underwrite consumer loan and credit card applications. Apply understanding of established written risks and compliance policies, guidelines, and procedures and regulatory requirements when evaluating loan attributes. This role must be based in the state of Arizona and is remote eligible, with occasional business travel.

Requirements

Bachelor's degree; OR 4 years of relevant education and/or experience.
2 years of consumer lending and/or real estate lending experience with an understanding of underwriting.
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 lower risk credit card and consumer loans within a lower defined limit of authority and to ensure compliance with all regulatory requirements.
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.
Maintain developing knowledge of all aspects of Consumer Lending and Credit Card portfolio and underwriting guidelines.
Ensure loan agreements are complete, accurate, and in compliance with policy.
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.