Indirect Underwriter I

Fifth Third Bank

1d•Remote

About The Position

Make banking a Fifth Third better® We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCTION: Responsible for analyzing and reconciling Indirect Auto Loan files presented for funding that contain errors or exceptions to program guidelines. Direct responsibility to review and underwrite secured indirect lending products installment loans across multiple states, Affiliates or geographic regions. Responsible for analyzing loan packages and work with external customers (Dealership Finance&Insurance Managers, Sales Managers, and General Managers) as well as internal customers (Auto Underwriters and Indirect Sales Representatives) to resolve errors and/or exceptions so loan packages can be funded timely to meet SLA guidelines.Providessuperior quality service to internal and external customers (Dealership FI Finance & Insurance Managers, Affiliates and vendors). Supports process improvements, business objectives and 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 ensuresthatactions 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.
2 years Consumer Lending or related industry experience.
Strong interpersonal, written and verbal communication skills.
Ability to handle multiple tasks and meet deadlines in fast paced environment.
Ability to interact with managers; build consensus; and motivate others.
Strong analytical and organizational skills.
Strong Computer skills.
Strong working knowledge of ACAPS.

Responsibilities

Analyze funding packages submitted by Indirect Auto Dealers across multiple states, Affiliates or geographic regions to identify outstanding errors or exceptions, analyze risk and determining appropriate resolutions.
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 funding 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 of resolving and funding contracts.
Manages problem contract pipeline to meet business objectives.
Reviews pipeline contracts to maximize production and meet stated service quality levels.
Provides superior quality service to internal and external customers at all times and demonstrate professional demeanor.
Consumer Lending credit authority is commensurate with consumer lending authority guidelines and business need.
Reviews problem contracts and recommends decisions on contracts over their assigned authority to their manager.