Smart Financial
Financial Services
Sr.ConsumerUnderwriter
Neural analysis suggests this role is
optimal for Senior candidates.
“Sr. Consumer Underwriter at Smart Financial. Skills: Consumer underwriting, Loan decisioning, Fraud detection. Evaluate consumer loan applications. Make sound decisions”
Industry & Context.
Analyze complex loan situations; Resolve disputed loan applications; Identify fraudulent applications; Investigate disputed credit information
Limited physical exertion, Occasional lifting up to 10 lbs, Climbing stairs in emergency, Operate routine office equipment, Work on computer 6-8 hours, Work extended hours, Travel off site, Reliable and timely attendance, Work indoors, Climate-controlled shared work area, Minimal noise, Perform job functions independently, Work with limited supervision, Work effectively on own, Work as part of a team, Read and carry out instructions, Follow oral instructions, Complete basic mathematical calculations, Spell accurately, Understand computer basics, Speak clearly, Deliver information logically, Deal calmly and professionally, Handle diverse personalities, Demonstrate customer service, Exercise discretion, Composure under stress, Meet deadlines, Ensure extreme accuracy, Ensure quality, Handle fast pace, Handle multiple priorities, Handle simultaneous priorities, Handle changing priorities, Exercise highest level of discretion, Handle confidential matters
What They're Looking For.
Must Have
High school degree or equivalent, Three to five years of experience
What You'll Do.
Evaluate consumer loan applications
Review complex loan situations
Review disputed loan applications
Guide lower-level underwriters
Approve high dollar loans
Review income documents
Prevent fraudulent applications
Analyze title commitments
Analyze property appraisals
Analyze mortgage loan documentation
Evaluate debt-to-income ratio
Analyze credit reports
Evaluate loan-to-value ratios
Make timely decisions
Adhere to regulations
Underwrite and apply conditions
Analyze 5 C’s of credit
Provide guidance to specialists
Structure challenging loans
Provide concurrence to underwriters
Assist staff with loan structuring
Verify income documentation
Protect credit union from fraud
Validate loan submission data
Review disputed consumer loan applications
Manage e-Oscar disputes
Conduct dispute investigations
Validate disputed credit information
Adhere to CFPB guidelines
How You'll Work.
Team & Collaboration
Direct and indirect reports; Outside vendors; Front-line staff
Communication Scope
Effective written communication; Effective verbal communication; In-depth dialogue; Conversations; Explanations
Full Job Description
The Sr. Consumer Underwriter will provide quality underwriting through timely and thorough evaluation of Consumer loans, HELOC, and Home Equity loan applications to make sound decisions in accordance with regulatory guidelines and Credit Union policies. Reviews complex loan situations and disputed loan applications. Guides lower-level underwriters through difficult loan situations and can combine authorities to approve high dollar collateralized or unsecure loans. Will also be an expert at reviewing income documents and prevent fraudulent applications from entering the Consumer portfolio. Proficient in analyzing title commitments, property appraisals, AVMs, as well as other required mortgage loan documentation. * Review incoming Consumer, Home Equity, and HELOC loan applications to evaluate factors including debt-to-income ratio, analyzing credit reports, calculation of income, and loan-to-value ratios in making prudent loan decisions. Make timely decisions on credit applications within established guidelines and underwriting authority, while ensuring all State and Federal regulations are adhered to. Must underwrite and apply required conditions to current program/product specifications with analysis of 5 C’s of credit. * Provide guidance to Consumer, Mortgage, and Closing Specialists in developing solutions and structuring on challenging loans. Provide concurrence to consumer underwriters for additional level of approval authority. Assist front-line staff with structuring any complex loan situations. * Review and verify income documentation as required to ensure it matches the amount listed within application and meets Credit Union guidelines. Must be proficient in analyzing complex financial and documents to protect the credit union from fraud. * Responsible for validating all data contained in the loan submission and Encompass/Loan Director loan origination systems. Will be required to review disputed consumer loan applications from branch and sales staff. * Mana
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