The Underwriter will be responsible for underwriting the entire volume of loan submissions through the company each day. This position will also actively participate in data tracking, entry and analysis of application results on a daily basis while communicating loan decisions with assigned Loan Champions or unassigned distribution channels. This position requires high levels of organization and critical thinking skills, the ability to make quick decisions and communicate both verbally and written with high levels of clarity.
ESSENTIAL DUTIES AND RESPONSIBILITIES include achieving positive results in the following key areas:
● Understand and demonstrate the principles of AUTOPAY’s Mission, Vision and Values.
● Ensures consistent delivery of AUTOPAY product offerings.
● Provide timely and professional responses to Loan Champions to facilitate the processing of loans. Communicate as needed with colleagues to obtain information to complete applications for submission.
● Analyze credit data to determine the degree of risk involved in extending credit. Make decisions to approve or deny the extension of credit within set credit authority established by senior management and state/federal laws.
● Track and enter data regarding approvals, counters and declines.
● Record and communicate any misunderstood or unique loan decisions to management.
● Record information on customer applications with highest levels of accuracy, notating any changes to accounts in LOS.
● Develop sufficient lender relationships that ensure volume objectives and credit quality.
● Ensure compliance with applicable policies and procedures.
● Serve as a resource to employees on underwriting questions.
● Provide adverse actions according to proper regulatory guidelines in accordance with AUTOPAY policy and within timeframes provided by AUTOPAY.
● Work independently and as a team member while using discretion in decision-making. Utilize sound judgment in resolving problems.
● Additional duties as required.
QUALIFICATIONS:
The successful candidate will have:
- High school diploma or equivalent. Associate's or bachelor’s degree preferred.
- One to three years of experience underwriting loans. Ability to read and interpret credit reports is required. Similar or related experience in a financial institution or credit unions helpful. Must have comprehensive knowledge of loan contracts including APR, amortization schedules and simple interest calculations.
- Detail-oriented with ability to organize, prioritize and work independently and in a team when required. Strong organizational and critical thinking skills with ability to offer viable and creative loan alternatives while staying within credit union risk tolerance.
- Experience with finance computations, lending calculators and general consumer loan applications
- Ability and willingness to analyze situations and make quality decisions in a timely manner.
- Excellent communication skills, both oral and written, are essential.
- Must be able to work under pressure and manage workflow to provide a high level production.
- Must have experience in Microsoft Office, with intermediate Excel and Access ability.
AUTOPAY is an equal opportunity employer. AUTOPAY offers a competitive salary, and a full benefits package including 401(k) and parking assistance, plus paid time off. If you are looking for a challenging opportunity with a dynamic and fast paced organization, please submit your resume and salary requirements for consideration. Pre-employment background check and drug screen required as a condition of employment.