Retail Underwriter at Vibrant Credit Union

Job DescriptionJob DescriptionPosition Overview: : The Retail Underwriter is responsible for analyzing and monitoring the creditworthiness of assigned commercial accounts and recommending and approving credit within established guidelines and policies.What You Will Do:Execute complete cycle for credit underwriting process for consumer loansEnsure regulatory compliance across consumer bankingIdentify and document key risks and control indicatorsComplete a full analysis of consumer credit reports, income sources, and other supplemental documentation while serving as a subject matter expert (SME) for any inquiries on creditworthiness and loan decisionsExecute accurate calculations for retail lending rationsReview loan files and documents required before closingAdhere to Vibrant's underwriting matrix and risk philosophy and identify and track any exceptions to the matrix and/or policyLeverage loan origination system for additional data to assist in providing decisions to applicantProvides recommendations on product and program enhancements by serving as SMEReview underwriting standards and documentation requirements for potential third party partners.Update, manage, and complete administrative duties within all loan management portalsReview and complete timely reporting of covenants and other requirements for consumer loan tracking and monitoringEnsures the completion and documentation of periodic loan reviews and can facilitate and monitor external loan review channelsMonthly review for select third party loan programsDaily review for select third party loan programsOur Ideal Candidate:Four-year degree or at a minimum three years of proven experience in underwritingWorking knowledge of lending policies, regulations, and complianceWorking knowledge of spreading, analyzing, and interpreting various financial and credit documents accuratelyWorking knowledge of tax returns and financialsWorking knowledge of retail loan origination systemsReports toCommercial Credit ManagerEnvironmental and Physical Activity Requirements:This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines. The daily responsibilities of this position constantly require effective talking, hearing, walking, finger dexterity, reaching, stooping, and grasping functions. The position also often requires reaching and lifting (up to 25 pounds). Frequent sitting, standing, and repetitive motion activities are also required. Must be able to read print and computer-based materials and to do so with consistent accuracy. Most of these functions require light physical exertion and are conducted indoors at controlled degrees of temperature.Other Duties:This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time, with or without notice.Compensation details: 49460-71748 Yearly SalaryPI18396a6a7795-25405-39211618