Indirect Lending Underwriter III

Fifth Third Bank

1d • Remote

About The Position

Responsible for analyzing Consumer Credit applications and information for Indirect Lending. Direct responsibility to underwrite secured and unsecured Consumer Lending products (i.e., indirect installment loans/leases) across multiple states, Affiliates or geographic regions. Provides superior quality service to internal and external customers (Dealership FI Finance & Insurance Managers, Affiliates and vendors). Trains less experienced underwriters. Supports process improvements and business objectives. Accepts additional projects as assigned. Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Requirements

• College degree in business or Finance or equivalent work experience.
• Minimum 6 months Consumer Lending or related industry experience or a minimum 6 months Consumer Lending Underwriting experience.
• Strong interpersonal, written and verbal communication skills.
• Ability to handle multiple tasks and Meet deadlines in fast paced environment.
• Ability to interact with Vice President level managers; build consensus; and motivate others.
• Strong analytical and organizational skills.
• Strong computer skills.
• Strong working knowledge of ACAPS.

Responsibilities

• Analyze consumer credit Reports for consumer lending applications to evaluate risk and make appropriate credit decision for Indirect lending across multiple states, Affiliates or geographic regions.
• Reviews documents to Support credit decision (Dealer contracts, Verification of income, tax returns, and additional supporting documentation, etc.)
• Verifies completeness and accuracy of credit applications.
• Formulates and Communicates credit decision (approve, decline or counteroffer) in compliance with established underwriting guidelines, compliance and Regulatory requirements.
• Develops business relationships and Build rapports with Customers to achieve mutual goals across multiple states, Affiliates or geographic regions to achieve mutual goals.
• Manages application pipeline to Meet business objectives.
• Reviews complex credit, declined and pipeline applications and recommends appropriate action to maximize production and Meet stated service quality levels.
• Assists Less experienced underwriters with structuring loans to maximize production and Manage risk.
• Provides superior quality service to internal and external Customers at all times and demonstrate Professional demeanor.
• Reviews credit applications and recommends decisions on applications over their assigned authority to their manager.

Benefits

• Comprehensive benefits and differentiated compensation offerings
• Eligible to participate in an incentive compensation plan
• Extensive benefits programs designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree