What are the responsibilities and job description for the Consumer Loan Underwriter position at 22nd State Bank?
Overview
We are seeking a detail-oriented and analytical Underwriter to join our dynamic team. The Underwriter will play a crucial role in assessing risk and determining the eligibility of applicants for loans. This position requires a strong financial acumen and the ability to make informed decisions based on quantitative research and analysis.
Responsibilities
- Evaluate loan applications requests by analyzing financial data and credit history.
- Conduct thorough credit analysis to assess the risk associated with potential clients.
- Prepare detailed financial reports that summarize findings and recommendations.
- Process loans efficiently while ensuring compliance with company policies and regulatory requirements.
- Collaborate with other departments, including sales and risk management, to streamline underwriting processes.
- Stay updated on industry trends, regulations, and best practices in underwriting.
- Analyzes operational reports and submits activity reports.
Skills
- Strong financial acumen with a solid understanding of underwriting principles.
- Experience with financial software for data analysis and reporting.
- Excellent financial report writing skills to communicate findings effectively.
- Knowledge of loan processing procedures and credit analysis methodologies.
- Familiarity with equity research concepts is a plus.
Join us as an Underwriter where your expertise will contribute significantly to our success in managing risk while providing exceptional service to our clients.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Day shift
- Monday to Friday
Work Location: In person
