Bellco Credit Union · 13 hours ago
Consumer Lending Underwriter II
Greenwood Village, CO
Full-time
Hybrid
Mid Level
3+ years expBellco Credit Union is a local not-for-profit organization dedicated to serving its members and communities. The Consumer Lending Underwriter II will review loan applications to assess creditworthiness and risk, ensuring compliance with guidelines and regulations while providing excellent service to members.
BankingFinancial Services
Responsibilities
Review and analyze both direct and indirect loan applications to determine whether applicants meet financial and creditworthiness criteria
Assess the risk associated with approving a loan, evaluate the borrower’s income, credit history, employment history, debt-to-income ratio, confirm compliance with guidelines and all regulatory requirements (both state and federal), and render a sound credit decision
Utilize experience to drive consistency and in mentoring team members
Assist in training as necessary and provide advanced technical expertise
Strive to provide exceptional service to all members as part of the Consumer Lending Underwriting team
Participate in QC activities
Responsible for pipeline management and completing work within established Service Level Agreement (SLA) standards
Responsible for accuracy and completion of activities associated with the underwriting of home equity lines of credit
Responsible for accurate math computations including but not limited to income, debt to income ratios, loan to value ratios and combined loan to value ratios
Ensure compliance with regulatory, and Agency requirements including but not limited to RESPA, Homeowner’s Protections Act of 1998, SCRA, Fair Credit Legislation, HMDA, and CFPB
Responsible for final underwriting decisions on loans within granted lending authority that may involve approving or denying applications
Responsible for applying lending guidelines fairly and without bias
May be asked to contribute to compliance, auditing, and other organization-wide initiatives
May be required to provide Quality Control support
Has the ability to manage fluctuating volumes which may include times of high volume
Work with management team to distribute and reallocate pipelines as necessary to ensure member experience
Identify training needs for team members and may lead on the job training
Ensure member satisfaction within all loan channels and points of contact with frontline, back-office staff and members
Report vendor performance and service standards to the management team, as necessary
Collaborate internally with other team members to troubleshoot questions/issues and resolve inquiries while adhering to response time and quality goals
Regular and punctual attendance with flexible hours
Qualification
Required
Minimum 3 years' experience in underwriting, preferably with Consumer Lending experience
Knowledge of general lending guidelines including state, federal and fair lending
Bachelor's degree in related field or equivalent experience preferred
Ability to work with a high degree of confidentiality
Ability to adjust and effectively incorporate changes to guidelines and procedures in a timely manner
Thorough understanding of credit reporting and credit analysis
Proven ability to analyze income documentation including personal and business tax returns and complete a cash flow analysis
Ability to apply guidelines and lending matrices
Ability to review member data in Core system
Working knowledge of home equity processing and state and federal lending guidelines
Proficient with Microsoft Office (Word, Excel, Outlook)
Strong analytical and decision-making skills
Strong attention to detail
Organized and ability to handle fast paced environment with time management skills with the ability to prioritize workload
Strong communication skills both verbal and written
Demonstrates strong analytical/problem solving and time-management skills
Ability to work flexible hours
Benefits
Medical
Dental
Vision
401 (k) with company match
Supplemental Life Insurance
Paid Vacation
Paid Sick Days
Paid Holidays
Company
Bellco Credit Union
Bellco Credit Union offers great checking accounts, CDs, auto, home loans and savings.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Carrie Fredenburg
Senior Vice President - Chief Human Resources Officer
John Rivera
SVP - Chief Retail Officer
Recent News
2024-04-10
2024-02-10
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