Consumer Loan Underwriter

2 weeks ago


Maryland City, Maryland, United States Tower Full time
Job Summary

Tower is seeking a highly skilled Consumer Loan Underwriter to join our team. As a Consumer Loan Underwriter, you will be responsible for performing thorough underwriting reviews to ensure compliance with Tower's policies, procedures, and underwriting guidelines.

Key Responsibilities
  • Conduct thorough underwriting reviews of consumer loans to ensure compliance with Tower's policies and guidelines.
  • Review and analyze loan applications, credit reports, and other documentation to determine loan eligibility.
  • Make timely and prudent underwriting decisions, including approving, denying, or counter-offering loans.
  • Collaborate with the Consumer Loan Processing team to ensure smooth loan origination processes.
  • Participate in credit union compliance, product knowledge training, and government laws and regulations.
  • Maintain confidentiality of member information and adhere to established security measures.
  • Communicate effectively with members, colleagues, and management to resolve loan inquiries and provide alternatives.
Requirements
  • 2-year degree in business or a related field.
  • 1-2 years of progressively responsible credit union or lending experience.
  • Or, equivalent combination of education and work experience.
Competencies
  • Strong analytical decision-making skills with attention to detail.
  • Ability to learn and work in a fast-paced environment.
  • Effective communication and interpersonal skills.
  • Proficiency in Microsoft Office, including Word, Excel, and Outlook.
  • Ability to adapt to changes in internal, market, or regulatory environments.


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