Loan Underwriter

Why Work for Mainstreet Credit Union?

Mainstreet Credit Union has consistently provided stability for employees and members over the span of more than 70 years. Not to mention, Mainstreet Credit Union aims to be the financial home to every member. We continue to strive for a welcoming culture, where our employees are knowledgeable, helpful, and accountable for their position within the team. To achieve this vision, we provide continued training and development opportunities, as well as a friendly environment where members and employees can feel at home. Being a not-for-profit organization, we keep business simple and real. We enjoy sharing in our community, and we always find the most effective way to serve our members and provide full pay and benefits for our employees, even through uncertain times.

In addition to our friendly and welcoming environment, we offer our employees:

• Day-time hours that provide for a healthy work-life balance
• Three weeks of PTO in the first year with a generous annual PTO carryover plan
• A wide variety of insurance options for health, dental, and vision
• 401k with company match
• Company provided life insurance and long-term disability
• Special product perks for employee

Company Expectations

In the performance of their respective responsibilities, all employees are expected to perform the following:

• Predictable and reliable attendance as required to successfully perform the duties of the position.
• Interact professionally with all employees, members and general public.
• Ability to perform job expectations in an accurate and efficient manner.
• Complete required new hire, on-the-job and additional training as indicated by management and company policy.
• Comply with all Mainstreet Credit Union policies and procedures as communicated in the Employee Handbook or elsewhere.

Position Overview

The Loan Underwriter functions as a senior loan officer to underwrite consumer loan and Indirect applications.

Major Responsibilities

1. Assists VP of Consumer Lending to generate increased loan volume throughout the Credit Union.

2. Identifies opportunities to cross sell products and services.

3. Review and make timely decisions as appropriate on consumer loan applications including; unsecured, automobile/motorized collateral, and home equity loans and lines.

4. Facilitate loan growth while maintaining safety and soundness within the loan portfolio.

5. Supports the funding of indirect contracts and remittance of proceeds to dealers.

6. May perform file review for quality control.

7. Provide business development of indirect loans by building partnerships through telephone interactions with the dealers.

8. Provides expertise as a subject matter expert for questions and to address elevated issues regarding lending decisions or product information.

9. Performs other duties as assigned.

Required Qualifications

• High school diploma or equivalent required.
• Five (5) years’ experience underwriting consumer loans and two (2) years’ experience working with indirect dealers required.
• Time management skills.
• Proper business and personal etiquette.
• Negotiating/problem solving skills.
• Develop and display pride in work.
• Good judgment skills.
• Personal Computer and programs relevant to position.
• Use of 10-Key, typewriter, facsimile machine, and other office equipment.

Physical Requirements

• Regularly required to talk and hear. Frequently required to stand, sit, walk, use hands to finger, handleor feel; and reach with hands and arms.

Job Type: Full-time

Benefits:

• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Work Location: In person