Underwriter - National Specialty Powersport Lending
About The Position
The Underwriter in the National Specialty Powersport Lending department examines applicants’ credit histories, loan purposes, ability to repay, and financial risks to underwrite indirect motorsport loans in accordance with company policy and regulatory guidelines. The role also conveys loan stipulations and decisions to dealers as needed. This position is hybrid with management approval, allowing a combination of remote and onsite work according to business needs. The role must be performed fully onsite during training, whose duration varies. The required schedule is Tuesday through Saturday. Training hours are 8:30 a.m. to 5:30 p.m.; after training, the employee must be available to start at 8 or 9 a.m. and work until 5 or 6 p.m. The schedule must be flexible to include weekends and/or overtime as business needs require. The base pay range is $20.10–$27.00 per hour. Pay depends on the range and the incumbent’s knowledge, skills, and experience.
Requirements
- High school diploma or equivalent and one year of related experience in underwriting, credit review, or a related area; or an equivalent combination of education and experience.
- Must work a flexible schedule that includes weekends and/or overtime as business needs require.
- Must be available to work Tuesday through Saturday.
- During training, must work 8:30 a.m. to 5:30 p.m.; after training, must be available to start at 8 or 9 a.m. and work until 5 or 6 p.m. daily.
- Active listening skills.
- Judgment and decision-making skills.
- Critical-thinking skills.
Nice To Haves
- Bilingual English and Spanish.
- Indirect lending experience.
- Retail banking experience.
Responsibilities
- Obtain and compile loan applicants’ credit histories, financial statements, and other financial information.
- Analyze loan applications, credit bureau reports, collateral, existing account data, income documents, and other loan documentation to make consistent and sound lending decisions.
- Approve, counteroffer, or deny applications within authorized loan policies and authority in a timely manner.
- Review and confirm loan agreement information is complete and accurate in accordance with established guidelines and legal requirements.
- Use sound judgment to ensure proper credit decisions, protect the integrity of the loan portfolio, and contribute to loan growth.
- Balance productivity and speed to meet service levels with quality underwriting.
- Ensure operational integrity through compliance with policies, procedures, and regulations.
- Explain available loan types and credit options, as well as service terms, to dealers.
- Convey loan stipulations and decisions to dealers as needed.
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What This Job Offers
Job Type
Full-time
Education Level
High school or GED
