Indirect Underwriter 3

Sunward Federal Credit Union • Albuquerque, NM

8h • $31 - $39

About The Position

Reviews loan documents and makes decisions on auto applications by assessing financial risk, analyzing data, reviewing borrowers’ creditworthiness, and ensuring compliance with banking regulations. Makes critical loan underwriting decisions. Performs the duties of Indirect Underwriter 1 and 2, serves as a subject matter expert, assists with staff training, and supports less experienced underwriters. Participates in Credit Committee decisions on complex applications and loan amounts in accordance with policy. Escalates files that exceed individual lending authority or involve high complexity or risk to an Indirect Underwriter 4 or Supervisor. Performs other duties as assigned.

Requirements

• Minimum four years of direct experience in consumer underwriting.
• Minimum high school diploma/GED or more than four years of related experience.
• Excellent interpersonal and negotiation skills.
• Excellent organizational skills and attention to detail.
• Strong proficiency with Microsoft Office applications.
• Familiarity and comfort with information technology, particularly digital means of communication.
• Strong organizational skills in managing multiple initiatives.
• Strong analytical and decision-making skills.
• Strong working knowledge of consumer credit and underwriting principles.
• Strong working knowledge of federal and state regulations affecting consumer loans.
• Strong working-level knowledge of overall consumer lending processes, including underwriting and loan processing.
• Strong working-level knowledge of valid documentation used in processing consumer applications, such as tax returns, financial statements, and income verification.

Responsibilities

• Perform all duties of an Indirect Underwriter 1 and 2.
• Act as a subject matter expert for others in the department.
• Assist in training new staff members on products and procedures.
• Support and respond to questions from Indirect Underwriters 1 and 2.
• Serve on the Credit Committee, deciding loan applications involving high complexity and loan amounts according to policy.
• Escalate loan files with recommendations that exceed individual lending authority, or that involve high complexity or risk, to an Indirect Underwriter 4 or Supervisor.
• Perform other duties as assigned.

What This Job Offers

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