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Peoples Security Bank & Trust · 3 weeks ago

Consumer Loan Underwriter

Bethlehem,PA,US

Full-time

Onsite

Entry, Mid Level

2+ years exp

Peoples Security Bank & Trust is seeking a Consumer Loan Underwriter to support their consumer loan function. The role involves evaluating loan requests, performing credit analysis, and ensuring compliance with established policies and procedures.

BankingFinancial ServicesInsurance

Responsibilities

Responsible for performing administrative and underwriting duties to support the consumer loan function; achieving goals as established in the Bank’s business objectives; coordinating work within the department, as well as with other departments; complying with operating policies and procedures established for the consumer loan function; communicating with appropriate personnel; maintaining appropriate records and providing assigned reports

Evaluates consumer loan requests; determines debt-to-income ratio, collateral valuation, and general loan quality

Performs credit analysis and approves or denies consumer loans based on consumer loan standards

Ensures that all loan decisions are based on an accurate and thorough understanding of each customer’s financial needs and conditions, and that they are made in accordance with guidance contained in the policies and procedures manual

Utilizes appropriate investigative techniques and counter offer possibilities to maximize loan opportunities

Properly administers the creditworthiness and documentation of all loans that are originated; coordinates the elimination of any obstacles to closing

Maintains an accurate record of all loan decisions and actions taken

Recognizes and pursues opportunities for cross-sales

Performs additional duties and responsibilities as directed

Perform Administrative Compliance Reviews of subject property appraisals for completeness, accuracy, adequacy and validity in accordance with financial institution policy

Qualification

Consumer loan underwritingLoan processing softwareLending lawsRegulationsAnalytical skillsCommunication skillsMathematics skillsPC skillsVisualAuditory skillsOrganizational skillsInterpersonal relations skills

Required

Associates Degree or equivalent knowledge normally required; specialized bank education/training related to mortgage lending

Must demonstrate strong communication skills

Proficient mathematics skills

Proficient interpersonal relations skills

Demonstrated organizational skills

Moderate analytical skills

Proficient PC skills, including knowledge of loan processing software

Proficient in all phases of underwriting, including credit and compliance education and testing

Working knowledge of applicable lending laws and regulations, i.e., Reg B, Reg Z, and Fair Credit Reporting Act

Visual and auditory skills

A minimum of two (2) years of consumer loan underwriting experience normally required

Company

Peoples Security Bank & Trust

Peoples Security Bank & Trust has become one of the largest independent community banks in eastern Pennsylvania with a footprint stretching through Pennsylvania, New York, and New Jersey.

Founded in 1905

Scranton, Pennsylvania, USA

201-500 employees