Underwriter II

Space Coast Credit Union•Melbourne, FL

11h•$67,000 - $71,000•Hybrid

About The Position

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.

Requirements

3 to 5 years prior experience in consumer lending underwriting required with full approval/denial authority
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.