Indirect Underwriter

Join our team as a detail-oriented Indirect Underwriter at IHMVCU! We are member-focused and dedicated to providing exceptional service while fostering financial well-being for our community.

This role is located at our beautiful headquarters on River Drive in Moline, IL. Our facility includes a comfortable office environment with an on-site gym facility. The position has potential flexibility in hybrid and remote work capabilities, in select states.

Summary Of Position

As an Indirect Underwriter, you will play a crucial role in evaluating and approving loan applications originating from our indirect lending partners. Loan requests will be analyzed with sound underwriting decisions and counteroffers will be made within established underwriting guidelines. Your expertise will help us maintain our commitment to responsible lending while ensuring a seamless experience for our members and dealer relationships.

The Successful Candidate Should Have The Following Skills/qualifications

• High School diploma or equivalent, some college preferred
• Preferred experience in business development.
• 2 years of prior experience in indirect lending and underwriting.
• Excellent verbal and written communication skills with the ability to interact effectively with members, colleagues, and external partners.
• Critical thinking skills and ability to act independently within guidelines.
• Reliable, motivated, and strong organizational skills.
• Strong attention to detail with the ability to identify any discrepancies and ensure accuracy in all documentation.
  
  

Key Responsibilities

• Receive, validate and review loan applications through indirect loan origination system.
• Analyzes the loan application and accompanying documentation to evaluate risk and make appropriate decisions within authorized lending limits, asking additional questions when applicable.
• Ensures compliance within laws, policies and regulations set forth by government, state or the Credit Union are followed at all times.
• Exercises good judgment and decision-making skills using a methodical approach. Utilizes resources to research unfamiliar underwriting situations and is able to present complex scenarios concisely and with comprehensive options/solutions to leadership.
• Maintains professional working relationships with members, team members and dealers.
• Continually strive to improve underwriting and decision efficiency that improves response time without jeopardizing the integrity of the decision.
• Working schedule will include 11am - 7pm on weekdays, and 11am - 6pm on Saturdays.
  
  

Being a team member of IHMVCU is more than just a job, we want to make differences in the communities we live in and serve. Check out our careers page for more information including benefits www.ihmvcu.org/careers Final compensation will be determined by various factors such as experience, specific skills and internal pay equity.

Move Up your career at IHMVCU with this great opportunity!

Physical Requirements

• Sitting: Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.
• Talking: Expressing or exchanging ideas by means of the spoken word; those activities where detailed or important spoken instructions must be conveyed to other workers accurately, loudly, or quickly.
• Hearing: Perceiving the nature of sounds at normal speaking levels with or without correction and having the ability to receive detailed information through oral communication and making fine discriminations in sound.
• Finger, handle, touch: Picking, pinching, typing or otherwise working, primarily with fingers rather than with whole hand or arm as in handling. Applying pressure to an object with the fingers and palm.
• Lifting Demands: Up to 10 lbs.
• Visual acuity to do things such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading.