60 applicants

Company

Fifth Third Bank · 2 days ago

RCC Equity Underwriter I

Cincinnati, OH

Full-time

Remote

Entry Level

$47K/yr - $87K/yr

3+ years exp

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Responsibilities

Analyze consumer credit reports for Consumer Lending real estate applications to evaluate risk and make appropriate credit decision for Direct Lending across multiple states, markets or geographic regions.

Maintain an in depth knowledge of the continual enhancements and changes to the Fifth Third Consumer Lending policy and procedures in order to ensure consistent treatment of all real estate applications.

Manage application pipeline to meet business objectives and stated Service Level Agreements.

Responsible for ensuring completeness and accuracy of real estate credit application.

Responsible for ensuring HMDA purpose codes are accurate before rendering a final decision.

Evaluate customer provided credit documents to support credit decision, including calculation of income, personal financial statement reviews, trust reviews, etc.

Place orders for bank obtained credit documents in accordance with real estate policy guidelines, and partners with internal and external parties to clear condition with regards to Property Reports, Appraisals, and Flood Certifications.

Formulate and communicates credit decision (approve, decline or counteroffer) in compliance with established underwriting guidelines, compliance and regulatory requirements.

Demonstrate a solid understanding of the credit exception process, specifically identifying opportunities with applications and understanding the relevant compensating factors needed to present to the exception team.

Review credit applications and recommends decisions on applications over their assigned authority to their manager or senior level underwriters review before communicating final decisions.

Partner with the Mortgage Line of Business to underwrite simultaneous first and second lien real estate loan requests, as appropriate.

Develop business relationships and build rapport with internal partners across multiple states to achieve mutual goals.

Host side by side visits for bank employees to both gain an understanding of our processes and to help build interest in our department and identify possible candidates for filling future needs.

Demonstrate the ability to be a team player by providing superior service, being flexible and approachable.

Qualification

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Consumer LendingFinancial AnalysisCredit Decision Making

Required

College degree in Business or Finance or equivalent work experience.

Minimum 3 years Consumer Lending or related industry experience.

Knowledge and understanding of basic financial analysis techniques.

Strong interpersonal, written and verbal communication skills.

Ability to make high quality decisions and execute in a time sensitive manner.

Ability to handle multiple tasks and meet deadlines in fast paced environment.

Ability to interact with Vice President level managers; build consensus; and motivate others.

Strong analytical, critical thinking and organizational skills.

Company

Fifth Third Bank

Glassdoor

3.7

Fifth Third Bancorp is a diversified financial services company, that specializes in small business, retail banking, investments. It is a sub-organization of Fifth Third Bank.

Founded in 1858

Cincinnati, Ohio, USA

10,001+ employees