Junior Consumer Loan Underwriter

2 weeks ago


Miami, United States CareerBuilder Full time

Job Description

Job Description

Job Summary:
The Consumer Loan Underwriter provides underwriting of new consumer loans. The function includes the review of a member's loan request and review of all supporting documentation used for the underwriting of the loan for accurate decisions in accordance with credit union policies and procedures.
We encourage you to view and apply directly at edfed.org/careers
Duties & Responsibilities:
Evaluate consumer loan requests. Obtain and analyze credit reports and acceptable credit information.
Verify credit information when necessary. Determine debt to income ratio, unsecured ratio, collateral valuation and general loan quality.
Review all supporting documentation for accuracy and compliance of the loan application.
Decision loan applications promptly to ensure regulation requirements are adhered to.
Decision loan requests within lending authority as described in the Board Policy Manual.
Provide service excellence to members and co-workers.
Identify 2nd Approval opportunities and document same in loan notes.
Assist the Credit Union in meeting loan volume, delinquency, and charge off targets.
Promote loan products and maintain knowledge of existing or pending loan promotions.
Complete all assigned annual compliance training and stay updated on all underwriting regulations.
Meet individual production goals as set by the Underwriting Supervisor.
Requirements:
Associate's Degree or equivalent combination preferred
2-4 years of prior experience with Consumer Loans in financial services institution.
Every employee is required to comply with all Bank Secrecy Act (BSA) policies and procedures, and to attend required BSA-related training as assigned.
The following are some benefits offered to employees:
Paid Holiday
Paid Birthday
Paid Sick and Personal Days
Paid Vacation
Retirement/401K with matching contributions
Medical, Dental and Vision Insurance
Life Insurance and Long Term Disability
Tuition reimbursement for Undergraduate and Graduate courses
Various Incentive Programs
Career opportunities
Company Description As a financial institution, EdFed has been dedicated to providing our members, the South Florida educational community, with quality financial services since 1935. As an employer, we strive to provide staff with challenging career opportunities, great benefits, and a friendly work environment. Confidentiality is of the utmost importance in this position.

Company Description

As a financial institution, EdFed has been dedicated to providing our members, the South Florida educational community, with quality financial services since 1935. As an employer, we strive to provide staff with challenging career opportunities, great benefits, and a friendly work environment.

Confidentiality is of the utmost importance in this position.
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