Underwriter I

GESA CREDIT UNION•Richland, WA

13d•$23 - $38

About The Position

Under the general supervision of the Underwriting Assistant Manager/Team Leader or Consumer Underwriting Manager/Team Leader, the Underwriter I is responsible for evaluating and making quality decisions on consumer loan applications (both direct and indirect). This role ensures adherence to Gesa Credit Union's established underwriting standards while identifying and proposing alternative financial solutions tailored to applicants' needs. Possessing intermediate knowledge in consumer lending, the Underwriter I also contribute to dealership outreach and the development of dealership portfolios and is responsible for cultivating and maintaining strong relationships with branch partners. This position requires demonstrated capability in managing moderate responsibilities beyond core underwriting duties.

Requirements

High School degree, GED, or equivalent experience required
A minimum of one (1) year in managing client relationships or handling document processing required
A valid Driver’s License is required

Nice To Haves

One (1) to two (2) years of similar or related exposure to indirect lending/financial services preferred
Advanced knowledge of FICO preferred
Advanced knowledge of CUDL, Dealer Track and Route One programs preferred

Responsibilities

Apply critical thinking skills and solid lending principles according to the needs of each applicant and their risk profile; construct and approve loan offers in accordance with delegated approval authority and loan policy under general guidance of a Sr. Underwriter or Manager
Evaluate and mitigate risk while maintaining profitability associated with extending credit requests.
Apply underwriting guidelines in making and defending loan decisions under moderate guidance of an immediate supervisor
Identify and recommend additional lending opportunities to increase relationships with members
Provide accurate pricing and terms to dealerships in a courteous/professional manner
Ensure compliance with legal requirements, lending regulations and internal policies and procedures
Maintain positive relationships with colleagues and business partners
Maintain the highest level of confidentiality relative to information received directly or indirectly
Adhere to all local, state, and federal laws/regulatory requirements as related to functional areas including Truth in Lending, Reg B, Reg Z, and Bank Secrecy Act
Ability to analyze, research and resolve medium complexity problems under moderate guidance of an immediate supervisor
Develop knowledge and skills through formal training classes or on-the-job experience
Serve as resource or Subject Matter Expert for team
Display mutual respect, trust, and dignity, acting in the best interest of the credit union.
Lead by example by always displaying solid ethics and integrity. at all times
Ensure that all issues are handled in a fair, legal, and consistent manner
Maintain up-to-date and comprehensive knowledge of all laws, credit union products, services, policies and procedures regarding areas of responsibility, and to remain highly tuned to the marketplace, member needs and patterns of external market changes
Participate in and support a team environment
Excellent interpersonal skills and ability to build and maintain positive working relationships with co-workers and business partners
Demonstrate ability to make decisions in a timely manner and articulate the reasoning for decisions
Demonstrate ability to prioritize and manage multiple demands effectively
Demonstrate ability to work effectively both collaboratively and independently, with moderate supervision
Ability to effectively communicate and receive ideas and information, both orally and in writing.
To effectively operate standard office equipment, computer and lending programs and programs related to areas of responsibility
To possess and display excellent customer service attributes
Ability to work outside of business hours, including weekends (Sundays included) and holidays
To demonstrate flexibility and openness; to willingly change priorities, accept and act on input from supervisor, and to meet changing demands
To develop and/or improve processes, implement, and administer policies and procedures, and organize and present information
To maintain a positive and professional image through effective verbal and written communication
To make quality judgments and decisions in a timely manner with extreme attention to detail