Senior Underwriter
Ken Garff Automotive Group•West Valley City, UT
•$28 - $31
About The Position
Senior Underwriter Focus: Put expert knowledge of Originations and Underwriting to use and support the team. Have expert knowledge in: Underwriter role and Originations Process/Policies Originations Policies and SOPs, How to utilize and find documentation Lending Compliance Laws and Regulations (ie., ECOA, FCRA, TILA Reg.Z, etc.) TransUnion and Experian credit bureaus information
Requirements
- Pass all required Policy Exams “Passing” score is outlined in the Policy Exams Program (LINK)
- Pass most recent Training Compliance Audits for the last X applications reviewed “Passing” score & number of applications is outlined in the Training and Compliance Program (LINK)
- Passed most recent Training Decision Audits for the last X applications reviewed “Passing” score & number of applications is outlined in the Policy audits & decision audits Program (LINK)
- Passed most recent Lending Policy Audits for the last X applications reviewed “Passing” score & number of applications is outlined in the Policy audits & decision audits Program (LINK)
- Meet or exceed Key Performance Indicator metrics for Underwriter for X Months
Responsibilities
- Comply with lending laws/regulations (ie., ECOA, FCRA, TILA Reg.Z, etc.)
- Adhere to all company, department, and Origination’s Lending policies
- Escalate Policy and SOP questions using Escalation Process to ensure alignment
- Deep alignment with Department Goals, KPIs, Policies and SOPs
- Underwrite and decision Credit Applications efficiently and accurately
- Work as many applications as possible per day to progress towards personal role advancement
- Make detailed decision notes (link to SOP) on every application and save them in Norman
- Expected to come prepared and participate actively in all meetings and/or forums
- Review submitted income on owned applications
- Take phone calls on owned applications
- Monitor personal Underwriting KPIs (Key Performance Indicators)
- Builds and delivers their personal weekly key performance indicators recaps for management
- Income reviews on any applications
- Funding escalations on any applications
- Decision escalations on any applications
- Work With Management to support department’s Projects and Programs (ie., help with: training, audits, reports, etc.)
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
