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BECU · 14 hours ago

Consumer Loan Underwriter

United States

Full-time

Remote

Mid Level

$24.76/hr - $46.06/hr

3+ years exp

BECU is a financial institution committed to serving its 1.5 million members with a focus on people, not profits. As a Consumer Loan Underwriter, you will evaluate and underwrite loan applications, ensuring fair and timely decisions that positively impact members' financial well-being.

Responsibilities

Uphold Regulatory & Compliance Standards: Perform all responsibilities in alignment with BECU Competencies, compliance requirements, regulatory guidelines, and information protection standards to ensure secure and high-quality loan practices

Apply Lending Policy Expertise: Use your deep knowledge of Credit Union loan policies, real estate lending practices, state and federal regulations, and agency requirements to accurately underwrite consumer loans

Make Confident Credit Decisions: Evaluate, approve, counteroffer, or deny loans and credit lines within established lending limits and automated scoring guidelines—always centering the member’s best interest

Ensure Timely Loan Processing: Provide fast, thorough attention to loan applications, clearly communicating denials, counteroffers, and underwriting criteria while offering alternative product options when appropriate

Collaborate with Indirect Lending Partners: Partner with dealerships in the Indirect Lending Channel to purchase loan packages within service levels, and quickly assist with any dealer concerns through courteous, solution-focused communication

Support Members Through Detailed Loan Reviews: Analyze member needs, discuss restructuring opportunities, and help complete loan applications when necessary to ensure a smooth experience

Analyze Financial Documentation: Review and interpret tax returns and cash flow insights to ensure accurate credit evaluations

Provide Decision Recommendations: Offer informed recommendations to team members and escalate decisions to management when loan parameters exceed your lending authority

Maintain Portfolio Quality: Meet and uphold lending portfolio quality standards through consistent, sound underwriting practices

Serve as a Resolution Resource: Address and resolve member and dealer questions or issues that fall within your lending authority

Educate Members on Credit: Maintain thorough knowledge of credit bureau processes and help members understand how credit impacts their financial options

Stay Current on Consumer Loan Products: Maintain a strong understanding of BECU’s loan products, decision matrices, scoring systems, and loan decision pathways

Enhance Workflows & Processes: Monitor underwriting workflows and recommend process improvements to support service-level efficiency and operational enhancements

Contribute to Team Productivity: Actively assist with service-level monitoring, productivity tracking, and departmental improvements

Flexibly Support Team Needs: Perform additional duties as assigned to ensure smooth, effective departmental operations

Qualification

Consumer lending experienceCredit analysisRegulatory complianceMathematical skillsProblem-solvingVerbal communicationWritten communicationTeam collaboration

Required

Bachelor's degree in business required or equivalent work or education-related experience

Typically three years of consumer lending related experience required

Minimum one year of experience analyzing and verifying income on tax returns

Ability to make sound credit recommendations and decisions required

Mathematical skills, with a high degree of accuracy required

Verbal and written skills to effectively communicate in the English language required

Ability to effectively problem solve and trouble shoot difficult member situations required

Full time hours, with additional hours as necessary required

Preferred

One year of consumer lending underwriting experience to include all secured, unsecured, indirect, and home equity products and appraisal underwriting preferred

Ability to handle inbound and outbound calls with external partners

Benefits

401(k) Company Match (up to 3%)

4% annual contribution to your 401(k) by BECU

Medical, Dental and Vision (family contributions as well)

PTO Program + Exchange Program

Tuition Reimbursement Program

BECU Cares volunteer time off + donation match

Company

BECU

Glassdoor3.7

As a member-owned, not-for-profit financial cooperative, BECU is guided by the credit union philosophy of “people helping people.” In fact, putting people over profit guides our everyday business decisions.

Founded in 1935

Tukwila, Washington, USA

1001-5000 employees

https://www.becu.org/landing/fintech-incubator

H1B Sponsorship

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