What are the responsibilities and job description for the Underwriter position at WYHY Federal Credit?
WyHy is a Member-Owned Financial Cooperative dedicated to helping our members achieve financial success. In order to be successful, WyHy seeks those individuals that are not just looking for a career, but instead searching for a place where they can become part of something extraordinary. WyHy is a company fiercely dedicated to its employees and knows that without successful employees, there will be no organizational success. At WyHy we truly value the contribution of our team members. We aren’t just looking for job experience, skills and qualifications; we also need your enthusiasm, energy and desire to succeed and to help others succeed. In return, we will offer you a dynamic, fun and supportive work environment – where you can grow professionally and make a real difference in your community.
On top of all that, we offer our employees:
- Competitive pay and incentive program
- Generous PTO
- Health, dental, vision, life and disability insurance
- Identity Theft Recovery Services
- Gym membership allowance
- Pet insurance allowance
- Holiday pay, including paid birthdays and work anniversaries off
- 401K with a generous employer match
If WyHy sounds like your kind of place to work – then you’re in luck! We have the following job available:
FLSA Status: Non-exempt
Position Summary
Essential Functions
- Calculate, analyze, evaluate, and make independent decisions on credit, income, assets, and risk to determine the income or probability of repayment for loan requests;
- Communicate decisions (approvals/denials) of all credit applications to their appropriate parties (member, Member Service Advisor, Loan Operations Manager and/or Chief Lending Officer)
- Provide loan support to all retail staff and indirect dealerships;
- Achieve decisioning-time targets;
- Select stipulation requirements on any approved applications that meet standards set by internal/external guidelines;
- Demonstrate thorough knowledge of all Credit Union lending policies and procedures;
- Demonstrate thorough knowledge of all State and Federal lending laws, rules, and regulations;
- Perform other duties as directed by leadership;
- Ensure collateralization and collectability of loan assets.
QUALIFICATIONS
The requirements listed in this description are representative of the knowledge, skills, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions of the job.
- High school diploma or GED with two years’ experience in banking/finance.
- Experience in consumer loan origination.
- Five years of experience in loan underwriting in a credit union or financial institution, or the equivalent combination of schooling and related experience.
- MeridianLink Consumer; Loans PQ/Opening Act experience.
- Symitar/Episys experience.
- This position requires a perceptive person capable of relating to individuals at all levels. As unique situations present themselves, the individual must be sensitive to Credit Union needs and member and employee goodwill.
- Professional, well-developed interpersonal skills, with excellent verbal and written communication skills.
- Excellent member service skills, attentiveness, information retention, tact and diplomacy in dealing with both members and employees; ability to be polite and compassionate without lacking confidence.
- Ability to maintain confidentiality with personal private information.
- Excellent time management skills with a proven ability to meet deadlines.
- Ability to work effectively in a fast-paced environment, with an ability to multi-task.
- Strong computer and Microsoft Word, Excel and Outlook skills.
- Basic mathematical skills.
- Knowledge of CU collection policies, procedures, laws, and regulations.
- Ability to be thorough and set priorities in alignment with departmental goals and objectives.
- Knowledge of NCUA Regulations concerning lending regulations.
- Knowledge of credit union’s lending policies and procedures, mortgage loan policy, credit criteria.
- Knowledge of interest rates and how they are computed.
- Knowledge of credit union and competitor's pricing, products, delivery channels.
- While this position is primarily sedentary, while performing the essential duties of the position the employee may be required to stand, sit, walk, stoop, kneel, talk, see and hear. The nature of this position requires physical mobility and the ability to occasionally lift and/or move a maximum of 50 pounds with assistance. This position may include prolonged periods of time working on a computer and looking at a monitor screen.
- Core business operating hours are Monday through Friday, 8:00 AM to 5:00 PM; evenings and/or weekends may be required. Travel and time spent outside the office may be required.
- Requirement to be bonded. Successful background check including personal credit report and criminal record.