Underwriter II - Indirect Underwriter
About The Position
At Space Coast Credit Union (SCCU) , our members are at the heart of everything we do. Since 1951, we’ve been committed to delivering financial services founded on integrity and a people-first philosophy. As an Underwriter II in our Melbourne Headquarters you’ll play a vital role in delivering quality, timely, and thorough underwriting for the Credit Union. Your primary focus will be on indirect loan applications; approving or rejecting within limit of authority. You will communicate directly with automotive dealer employees on loan decisions and program guidelines. You will provide exceptional quality service to members and SCCU Team Members. Why Join SCCU? Member-Focused Mission : Be part of a not-for-profit organization that reinvests in its members. Hybrid and Flexible Schedule Options : This position is Hybrid with 2 days per week required in office. Career Growth : We prioritize internal promotions and offer on-the-job training.
Requirements
- 3 to 5 years prior experience in consumer lending underwriting required with full approval/denial authority including a minimum of 2 years underwriting indirect loans through indirect dealers.
- High school diploma or equivalent experience required.
Responsibilities
- Analyzes loan applications, credit bureau reports, collateral evaluation, member account data, financial statements, tax returns, and other loan documentation in order to make consistent, sound, lending decision.
- Communicates directly with dealer employees on loan decisions and negotiates with them to mitigate the risk associated with the application.
- Clearly explains reasons for stipulating or denying the loan request.
- Effectively educates dealer employees on indirect program guidelines and strengthens dealer relationships through regular verbal and written communication.
- Maintains higher credit authority and decisions larger or more complicated loans.
- Maintains loan approval portfolio delinquency and charge-off ratios within established standards.
- Reviews, evaluates and properly documents decisions on loan applications within established standards.
- Assists with underwriting other Consumer Loan products as needed.
Benefits
- Health & Wellness: Medical, dental, and vision insurance, plus an Employee Assistance Program.
- Financial Perks: 401(k) match (5%), HSA match, and SCCU-paid insurance (short/long-term disability, life insurance).
- Education Support: Tuition reimbursement after one year of service.
- Generous Time Off: 20+ days of PTO, birthday PTO, and 11 federal holidays.
- Exclusive Discounts: Lower rates on loans, credit cards, and no fee SCCU accounts!
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
Number of Employees
501-1,000 employees
