Consumer Loan Underwriter

We are looking for a full‑time Underwriter to join our growing team at the Franklin location. About the Role As an Underwriter, you will evaluate and analyze loan documents to make sound decisions on consumer loan requests. You will underwrite loans based on established Resound loan policy guidelines, federal and state laws, and regulations, working toward the credit union goal of providing superior service to all members and dealer partners. Duties and Responsibilities Examines and verifies accuracy of loan applications. Reviews and verifies employment records, income statements, tax returns, credit reports, and other financial documents to assess risk of extending credit. Assesses whether debt‑to‑income ratio meets credit union lending standards. Calculates and verifies value of collateral offered. Uses sound judgement in decision making throughout the loan approval or denial process. Assists staff with recognizing cross‑selling opportunities of credit union products and services. Underwrites and approves loans, within authorized limits, based on credit union policies, procedures, and guidelines. Maintains comprehensive knowledge of and follows all federal and state consumer lending laws and regulations, including the guidelines of the Patriot Act (MIP), the Bank Secrecy Act, Anti‑Money Laundering, Bank Bribery Act, NCUA Privacy Regulations, Reg. B, Reg. Z, Reg. DD, Reg. E, Reg. CC, Service Members Civil Relief, and FCRA/FACTA. Makes alternative recommendations, within guidelines, to creditworthy members not qualified for the requested loan. Maintains communication with branch staff regarding loan application status and updates as necessary. Promotes and maintains a confidential environment to protect member information. Ensures adverse action letters are completed and properly documented within loan guidelines and policies. Abides by the written, signed Loan Officer Agreement. Stays informed and knowledgeable of all credit union rates, fees, products, services, and promotions to assist members with meeting their financial needs; provides members the opportunity to purchase payment protection and GAP insurance. Assists branch offices with online loan applications including documentation and funding. Attends required training and department meetings as directed by management. Performs other duties as requested. Job Specifications Education High School diploma or GED required. A bachelor's degree in business or a related field is preferred. Three years of practical experience may be accepted in place of a degree. Experience Three years of prior financial institution experience preferred. Consumer lending experience and computer skills are required. Physical Requirements The position is performed while seated for extended periods. It requires the ability to move freely, excellent manual dexterity, visual, audio, and verbal communication skills, and strong time‑management skills. The role demands functioning in an occasionally high‑stress, fast‑paced environment. Personal Qualifications A caring, sincere, positive attitude is required. Effective communication and customer service skills, organization, attention to detail, and strong time‑management skills are essential. Analytical thinking and flexibility to apply lending criteria on a case‑by‑case basis are required. Leadership, loyalty, and dependability are also important, as is the ability to function as a team player and to retain and apply credit union policies, procedures, and federal and state lending laws and regulations. #J-18808-Ljbffr Resound Credit Union