Teachers Federal Credit Union · 2 days ago
Director, Consumer Underwriting
Hauppauge, NY
Full-time
Onsite
Mid, Senior Level
$139K/yr - $173K/yr
6+ years expTeachers Federal Credit Union is one of the nation’s leading credit unions, committed to guiding members toward building a strong financial foundation. The Director, Consumer Underwriting is responsible for directing the consumer loan department, executing risk-based assurance reviews, and contributing to the review of the credit union’s credit policy.
BankingFinance
Responsibilities
Oversees the research, development, communication, and implementation of consumer lending policies
Analyzes lending data to identify risks, trends, and areas for improvement
Ensures lending volume and profit goals are met
Responsible for the integrity and performance of all Consumer Lending Rules and Decisioning
Responsible for building and maintaining working relationships with line of business management and key associates within the risk management organization
Conduct risk-based reviews covering consumer line(s) of business
Identify credit process weaknesses in the Consumer Loan department
Identify emerging trends and issues that will impact the day-to-day operation of the department
Identify gaps in credit policy and make recommendations on how to close these gaps
Working with regulators and internal and external auditors to provide assurance that Credit Review processes are sound
Build and maintain high trust relationships with senior credit risk management, senior lending associates, and regulators
Manage and monitor the consumer underwriters and admins to ensure the daily workloads are completed in a timely and efficient manner
Acting as an approachable advisor to business partners by developing continuous and effective communication channels for all stakeholders
Partner with the Director, Consumer Loans on all department and enterprise projects that impact the department
Manage the Smart Decisioning Platform Business Configuration, Settings and Change Process
Performs other duties as needed upon request by immediate supervisor
Qualification
Required
Bachelor's degree required or a minimum of eight years directly related experience in Consumer credit underwriting required
Minimum six years progressive credit underwriting experience required
Minimum three years leader/supervisory experience required
Proficient in DNA, credit report analysis, originating loans required
Microsoft Applications including, but not limited to, Excel, Word and Power Point
Benefits
This position is eligible for our annual discretionary bonus program.
Some positions within the credit union also qualify for quarterly performance incentives
Paid time off for vacation, personal days, and holidays
401(k) company contribution
Teachers pays 100% of Dental & Vision premium
Tuition reimbursement is offered to full-time employees
Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers
Company
Teachers Federal Credit Union
Teachers Federal Credit Union is a company which develops finance related apps for iPhone
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Brad Calhoun
President/CEO
Denise McGlone
Chief Financial Officer
Recent News
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