Consumer Underwriter

About this role

• **Consumer Underwriter** **Position Purpose:** The Consumer Underwriter is primarily responsible for analyzing, evaluating, and decisioning consumer loan applications in accordance with established credit union policies, regulatory requirements, and risk tolerance.
• This role is responsible for maintaining sound credit quality while providing timely and accurate loan decisions that support the credit union's lending objectives and a positive member experience.
• **Essential Functions:** * Reviews and evaluates consumer loan applications, including direct and indirect applications, to determine whether the borrower(s), loan structure, and proposed terms meet the credit union's established underwriting and risk standards.
• Makes credit decisions within assigned lending authority and establishes appropriate terms and conditions for approved loans.
• Ensures all lending decisions and practices comply with applicable NCUA requirements and federal and state laws, regulations, and credit union policies.
• * Funds indirect loan contracts in accordance with established procedures.
• Reviews indirect loan files and performs quality control to ensure contract terms, documentation, funding requirements, and other file components are complete and accurate prior to funding.
• * Provides support to the Loan Processor with loan servicing functions, including ensuring liens and titles are properly perfected and recorded on all applicable collateralized property.
• Processes GAP, warranty, and collateral protection insurance as required.
• Reviews and maintains loan documentation to ensure files are complete, accurate, and compliant with established procedures, credit union policies, and applicable regulatory requirements.
• * Performs other duties as assigned.
• **Minimum Education, Experience and Skills Required:** **Education** (1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.
• **Experience** Three years to five years of similar or related experience.
• **Skills** Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation.
• Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication.

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