None specified.
Dealer Services Ops - UW - Consumer Credit Analyst II
Location
United States
Posted
1 day ago
Salary
$31 - $33 / hour
Seniority
Mid Level
Job Description
JOB TITLE: Consumer Credit Analyst II
DEPARTMENT: Dealer Services Ops
STATUS: Non-Exempt
JOB CODE: 1812
PAY SCALE: $30.76 - $33.00 Hourly
GENERAL DESCRIPTION:
TASKS, DUTIES, FUNCTIONS:
- Review, analyze, and evaluate loan applications based on established credit union policies and apply knowledge of underwriting procedures loan authority to approve counter or deny consumer loan applications by:
- Evaluating and ensuring that the transaction is accurate, complete and compliant.
- Reviewing required documentation for accuracy and truthfulness.
- Applying fraud detection and prevention techniques.
- Performing paystub and basic tax return analysis to determine ability to repay.
- Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance- including bank secrecy, anti-money laundering, Fair Lending and Truth in lending laws appropriate to the position.
- Review credit reports and intemperate the data along with the analysis of key lending ratios to determine capacity, credit utilization, and Loan to Value.
- Responsible for receiving and initiating phone inquiries and must communicate and interact with originator and external business partners to provide information or reasoning regarding loan decision.
- Effectively address and resolve all complaints or issues raised by members, internal staff and business partners.
- Gather information and perform analysis as requested to help prepare reports as directed.
- Assist with training originators regarding lending policies, process or procedures, and in administering lending promotional campaigns.
- Make recommendations and assist with updating product, policy and procedure materials pertaining to consumer lending.
- Train personnel on lending policies and procedures.
- Perform upgrade validations pertaining to lending systems.
- Assist with other Lending duties as assigned.
- Effective oral and written communication skills required to interact with staff, and members to perform constructive follow up on member loan requests, inquiries, and concerns.
- Must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment, such as financial calculators, personal computer, facsimile machine and telephone.
- Ability to work required hours which may include weekend shifts and work hours after 6:00 p.m.
- Some travel may be required.
- INTERNAL: Management group and all levels of staff.
- EXTERNAL: Members and external originators.
- EDUCATION: Successful completion of High School curriculum is required. Associates degree is preferred.
- EXPERIENCE: 4-7 years in consumer lending, in a judgmental lending environment where LOS is used as a guide to make decisions or 5+ years in loan processing.
- KNOWLEDGE/SKILLS:
- Strong analytical, organizational skills and attention to detail. Ability to calculate figures and amounts.
- Ability to use logical reasoning when interpreting facts and make objective observations, examinations, evaluations and recommendations.
- Remain knowledgeable on key trends in the financial services industry that impact loan quality and underwriting.
- Solid interpersonal, oral and written communication skills.
- Knowledge of credit analysis and reporting.
- Possess a high degree of integrity to use judgment to make appropriate and fair lending decisions on behalf of the credit union.
- Comprehensive understanding of both branch and indirect credit union lending policies.
- Ability to sell and promote product lines, and back up lending decisions in a way that enhance originator relationships.
- Understand the use of the automated loan origination system. Operate on standard Microsoft programs and other computer operations.
- Stay up to date on changes within the department, organization, industry and current market conditions.
- Strong understanding of assigned territory lending market conditions and collateral values.
- Must work well in a fast-paced and flexible production oriented department.
- Analytical skills to include reviewing and understanding complex paystub and tax return documents.
- Prolonged sitting throughout the workday with occasional mobility required.
- Corrected vision within the normal range.
- Hearing within normal range. A device to enhance hearing will be provided if needed.
- Occasional movements throughout the department daily to interact with staff, accomplish tasks, etc.
- Must be flexible with scheduling, including evenings, weekends, and holidays.
None
Job Requirements
- Successful completion of High School curriculum is required; Associates degree is preferred.
- 4-7 years in consumer lending, in a judgmental lending environment where LOS is used as a guide to make decisions or 5+ years in loan processing.
- Strong analytical, organizational skills and attention to detail.
- Ability to calculate figures and amounts.
- Ability to use logical reasoning when interpreting facts and make objective observations.
- Remain knowledgeable on key trends in the financial services industry.
- Solid interpersonal, oral and written communication skills.
- Knowledge of credit analysis and reporting.
- Possess a high degree of integrity to make appropriate and fair lending decisions.
- Comprehensive understanding of both branch and indirect credit union lending policies.
- Ability to sell and promote product lines.
- Understand the use of the automated loan origination system.
- Stay up to date on changes within the department, organization, industry and current market conditions.
- Strong understanding of assigned territory lending market conditions and collateral values.
- Must work well in a fast-paced and flexible production oriented department.
- Analytical skills to include reviewing and understanding complex paystub and tax return documents.
- Effective oral and written communication skills required.
- Must possess sufficient manual dexterity to operate an on-line computer terminal and other standard office equipment.
- Ability to work required hours which may include weekend shifts and work hours after 6:00 p.m.
- Some travel may be required.
Benefits
- None specified.
Related Guides
Related Categories
Related Job Pages
More Underwriter Jobs
The specialist will review new and renewal mono-line commercial general liability, supported excess liability, monoline property, and package lines of Excess & Surplus (E&S) business to determine quoting and binding acceptability within granted authority. This market-facing role involves frequent interaction with retail trading partners, requiring strong communication, negotiation, and relationship development skills.
The specialist will be responsible for reviewing new and renewal mono-line commercial general liability and supported excess liability risks, monoline property and package lines of excess & surplus business to determine acceptability for quoting and binding business within underwriting authority. This market-facing role involves frequent interaction with retail trading partners, requiring strong communication, negotiation, and relationship development skills.
Director of Health Underwriting managing insurance underwriting processes
Non-QM Loan Underwriter
National Mortgage StaffingPlease note that National Mortgage Staffing does not determine the salary, requirements, or qualifications for this role. We are contractually required to follow the criteria set forth by our clients. Thank you for your interest! If your background aligns with our clients needs, one of our Recruiters will reach out. Please check your spam folder and voicemail for messages from our recruiters. Unfortunately, due to high volumes of applicants, we may not be able to respond to those who are not a fit. If you do not hear from us regarding this application, please know we do appreciate your interest and encourage you to continue to keep an eye on our website for new opportunities.
As a Non-QM Underwriter, you will be responsible for evaluating and underwriting complex non-qualified mortgage (Non-QM) loan applications. This position requires expertise in various non-QM loan products, including but not limited to: Bank Statement DSCR (Debt Service Coverage R...
