Consumer Loan Underwriter (Onsite) jobs in United States
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Frontwave Credit Union · 1 month ago

Consumer Loan Underwriter (Onsite)

positionUS-CA-Oceanside
timeFull-time
remoteOnsite
seniorityEntry Level
money$26.63/hr - $39.95/hr
date1+ years exp

Frontwave Credit Union is a member-owned not-for-profit financial institution serving various counties in California. The Consumer Loan Underwriter is responsible for building a quality loan portfolio by evaluating consumer loan applications and making informed decisions based on credit criteria and risk assessment.

CreditFinanceFinancial Services

Responsibilities

Obtain and maintain loan authority of up to $65000
Reviews loan application and evaluates credit criteria to determine level of risk
Requests additional information as necessary to decision
Evaluate quality of collateral as compared with request
Effectively decisions loan based on qualifications and risk to member and credit union
Assist internal members over the phone with underwriting/policy/procedure inquiries
Review unsecured revolving LOC and Visa accounts on a periodic basis to determine action
Ensures that loan requests are properly documented
Obtain and maintain loan authority of up to $65000
Reviews loan application and evaluates credit criteria to determine level of risk
Requests additional information as necessary to decision
Evaluate quality of collateral as compared with request
Effectively decisions loan based on contract requirements, qualifications and risk to member and credit union
Perform Dealer visits to build relationships and generate business
Make outbound calls to dealer customers to generate indirect business
Educate and Assist external dealer customers over the phone with underwriting/policy/procedure inquiries
Assumes responsibility for establishing and maintaining effective coordination and communication with management and credit union staff
Assists department personnel as needed
Participates in various credit union sponsored car sales and other events outside of the department
Effectively supports department and organizational goals and initiatives
Keeps Management informed of activities and of any significant problems with regards to lending function
Completes reports, records promptly and accurately
Assist in documenting and tracking multiple variables to determine and monitor trends

Qualification

Consumer lending principlesLoan underwritingCredit evaluationRisk assessmentCommunication skills

Required

High School Diploma or general education degree (GED)
One year lending experience in a credit union or similar financial institution
Basic knowledge of consumer lending principles

Benefits

401k matching
Mortgage and auto discounts
9-27 days of PTO per year (based on tenure) and 10 paid holidays
Affordable medical, dental, vision health plans, and Flexible Spending Account
Employee Assistance Program with a variety of services
Career development, training, and coaching, mentoring; tuition reimbursement up to $4,000/year

Company

Frontwave Credit Union

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Frontwave Credit Union offers banking facilities such as banking account, credit cards, auto loans and digital banking services.
dateFounded in 1952
location
Oceanside, California, USA
people-size201-500 employees
web-link
https://www.frontwavecu.com/

Funding

Current Stage
Growth Stage

Leadership Team

B
Bill Birnie
President & CEO
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Recent News

PR Newswire
Labor & Employment Law Firms Zakay Law Group, APLC and JCL Law Firm APC File Class Action Against Frontwave Credit Union, Alleging Failure to Provide Meal and Rest Breaks
2025-11-24
PR Newswire
North Island Credit Union Hosts San Diego Celebration of International Credit Union Day®
2025-10-20
San Diego Business Journal
SDBJ Insider
2025-04-01
Company data provided by crunchbase