What are the responsibilities and job description for the Consumer Loan Underwriter position at Edwards Federal Credit Union?
Job Announcement: Consumer Loan Underwriter
Edwards Federal Credit Union
Are you an experienced financial professional with a keen eye for detail and a passion for helping members achieve their financial goals? Edwards Federal Credit Union is seeking a Consumer Loan Underwriter to join our dynamic team! If you have a strong understanding of financial analysis, lending principles, and exceptional customer service skills, we want to hear from you!
Position Overview:
As a Consumer Loan Underwriter, you will be responsible for making final loan approval or rejection decisions based on a thorough analysis of applicants' financial status, creditworthiness, and collateral. You will ensure all lending activities comply with the credit union’s policies, procedures, and applicable regulations. Additionally, you will identify lending opportunities, assist members with paperwork, and provide top-tier service in alignment with the Edwards Experience.
Key Responsibilities:
- Evaluate and assess loan applications, including credit reports, income, debt-to-income ratios, and collateral requirements.
- Ensure compliance with credit union policies, procedures, and applicable regulations.
- Identify cross-selling opportunities and recommend appropriate financial products and services to members.
- Review delinquent loans and draft related correspondence such as reports and advertisements.
- Assist members with loan paperwork and establish appropriate loan payment plans.
- Provide members with information about credit union products and services while responding to inquiries in a professional and courteous manner.
- Maintain accurate records and documentation related to loan underwriting decisions.
- Monitor compliance with the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations.
- Collaborate effectively with co-workers and other Edwards FCU employees to ensure seamless service delivery.
Required Knowledge, Skills, and Abilities:
- Strong knowledge of applicable credit union rules, ordinances, codes, regulations, and administrative orders.
- Familiarity with principles of file and records management.
- Excellent analytical and research skills, with the ability to interpret laws and regulations.
- Ability to prioritize multiple tasks, projects, and deadlines efficiently.
- Strong customer service and communication skills, both written and verbal.
- Ability to establish and maintain effective working relationships with team members, other credit unions, and external stakeholders.
- Proficiency in using personal computers and various software applications.
Qualifications:
- High School Diploma required.
- Professional and well-developed communication skills.
- Ability to read, analyze, and interpret industry-related journals.
- Strong phone and customer service etiquette.
- Ability to maintain confidentiality and exercise sound judgment.
Physical Demands:
- Ability to manage multiple tasks and changing priorities effectively.
- Capacity to work with all levels of management, staff, volunteers, and members.
- Strong oral and written communication skills.
Why Join Edwards Federal Credit Union?
At Edwards FCU, we pride ourselves on fostering a supportive and member-focused environment. We offer competitive salaries, excellent benefits, and opportunities for professional growth. Join us in delivering exceptional financial services and making a difference in our members’ lives!
If you’re ready to take the next step in your career as a Consumer Loan Underwriter, apply today!
Job Type: Full-time
Pay: $27.16 - $30.95 per hour
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Day shift
- Monday to Friday
- Weekends as needed
Work Location: Hybrid remote in Palmdale, CA 93551
Salary : $27 - $31