Consumer Loan Underwriter

Position Summary

Responsible for the underwriting of residential consumer loans and other related consumer products. Reviews loan applications and related documentation to determine loan eligibility and terms. Analyzes consumer loan applications to ensure compliance with industry guidelines and bank policies.

Essential Functions

• Review credit, income, asset, property and project documentation from the consumer to ensure compliance with all bank policy and underwriting guidelines.
• Responsible for efficient processing of consumer loan applications including underwriting, loan documentation.
• Assist management during the processing of consumer loans on an as needed basis.
• Monitor loan turnaround time
• Communicate with mortgage sales and operations staff to maintain a high level of customer service.
• Support branch network by communicating loan status, policy, procedures, and products so the branches are up to date with the current workflow and turn times for consumer lending.
• Work closely with loan production officers and bank department managers and staff to promote open and effective communication and to ensure quality service delivery to customers.
• Communicates with Management on a loan-by-loan basis in recommending exceptions to policy.
• Maintain current knowledge of all industry and bank policies and procedures.
• Ensure loans are compliant with all state and federal regulations including Regulation Z and RESPA.
• Provide excellent customer service through effective communication and cooperation with all customers, colleagues and third-party vendors.
• Strive to meet bank quality service standards and performance goals.

Additional Functions

• Assist Mortgage/Consumer Lending Department on additional projects and products on an as needed basis.

Job Requirements and Qualifications

• N/A

Education and Experience

• Bachelor Degree
• Three years of residential or consumer underwriting experience, preferable in a financial institution
• Highly proficient with MS Word Suite.

Licenses and Certifications

• N/A

Skills/Knowledge/Abilities Required

• Knowledge of principles and practices to ascertain and assess customer needs, meet quality standards of customer service, and evaluate customer satisfaction.
• Knowledge of economic, accounting, and finance principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
• Expert knowledge of credit underwriting concepts.
• Excellent oral and written communication skills.
• Ability to effectively present information and respond to inquiries from senior management, vendors and the general public; ability to write business correspondence.
• Ability to apply common sense understanding to carry out written and oral instructions. Ability to deal with problems involving several concrete variables in standardized situations.
• Ability to work independently with little supervision.

Physical Requirements

• Ability to sit for long periods of time up to 75% of work hours.
• Ability to use hands to grasp, handle, type or feel.
• Ability to talk, listen and see.
• Ability to lift multiple loan files and boxes of files up to 10lbs.

Working Conditions

• Moderate sound as in business office with office machines, computers, and people traffic.

Compliance

• It is the responsibility of each bank staff member and of management to adhere to policies and procedures designed to implement compliance with the laws and regulations to which the bank is subject. Each bank staff and management member shall be accountable for understanding how compliance with laws and regulations affects the performance of their day-to-day duties, for completing compliance training as assigned and for carrying out those duties in a manner to achieve compliance with those laws and regulations.

All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, protected veteran status or disability.

This job description is not an employment agreement or contract, implied or otherwise. Unity Bank maintains "at will" employment.

This document describes the position currently available. It is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities or working conditions associated with it. Unity Bank reserves the right to modify duties or job descriptions at any time. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities at any time. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or relief, to equalize peak work periods or otherwise balance the workload.

Unity Bank is committed to the principles of equal employment opportunity and prohibits discrimination in hiring, promotion and terms and conditions of employment on the basis of race, creed, color, national origin/nationality, ancestry, religion/religious practices or observances, age, sex, gender identity or expression, affectional or sexual orientation, marital status, civil union status, domestic partnership status, disability or perceived disability, atypical hereditary cellular or blood trait, genetic information, and status as a veteran or disabled veteran of, or liability for service in, the Armed Forces of the United States.

Unity Bank commits to making reasonable accommodation to the known physical or mental limitations of qualified individuals with disabilities and qualified disabled veterans provided the individual is able to perform the essential functions of the job, unless such accommodation would impose an undue hardship upon Unity Bank. A qualified employee or job applicant with a disability may request a reasonable accommodation by contacting Unity Bank's human resources department.

For more information, or to apply now, you must go to the website below. Please DO NOT email your resume to us as we only accept applications through our website.

https://unitybank.isolvedhire.com/jobs/1465744-68942.html