Consumer Loan Underwriter

Job Description

Job Description

Consumer Loan Underwriter- Poughkeepsie, NY. 

Full-Time | $26-$29/hour, plus eligible for annual Bonus.

Impact members. Inspire community. Process with purpose.  

At TEG Federal Credit Union, our mission is to improve the financial well-being of our members, employees, and communities. We pride ourselves on building strong relationships and delivering financial services with care. By practicing Integrity, Professionalism, Service Excellence, and Cooperation in everything we do, we create a workplace where both our team and our community can thrive.

Your Role:  

As a Consumer Loan Underwriter, you will be responsible for evaluating and underwriting credit requests across our branch network. You will analyze applicants' creditworthiness, financial standing, and repayment ability to make high-quality lending decisions. By balancing borrower character and capacity with established policies and procedures, you will protect the credit union's assets while delivering an exceptional experience to our members.

Essential Functions and Responsibilities:  

• -Core Underwriting: Receive loan applications from the central queue and analyze financial data to evaluate risk. Approve loans within established credit union guidelines, set appropriate terms, and collaborate with branch staff on approvals. Forward complex requests to higher authority levels when necessary, and contact applicants directly to clarify details and ensure a seamless experience.
• -Relationship & Growth: Review credit reports and applications to identify cross-selling opportunities. Proactively uncover additional outstanding loan prospects to assist members, effectively matching credit union products and services to their financial needs.
• -Support & Reporting: Advise Account & Loan Representatives on application requirements and provide guidance when additional information is needed. Offer comprehensive financial guidance to loan applicants and prepare weekly loan status reports.
• -Operational Flexibility: Perform other related duties and special projects as assigned by management.

*Must be available to work on a weekend if needed.

 

Knowledge, Skills, and Abilities:

• -Experience: Three (3) to five (5) years of similar or related financial lending and underwriting experience.
• -Education: A two-year college degree, a specialized professional certification/license, or equivalent completion of vendor-conducted specialized training or apprenticeship programs.
• -Interpersonal Skills: Strong relationship-building skills with the ability to handle first-level conflict resolution. Requires exceptional diplomacy, tact, and the ability to maintain a high degree of confidentiality and discretion.
• -Technical & Core Skills: Excellent active listening, verbal, and written communication skills. Proficiency with Microsoft Word, Windows-based programs, and strong data entry/typing skills.
• -Internal Credentials: Must understand the credit union philosophy and system. A Level 2 Lending Authority or higher with the clear potential to achieve Level 3 authority within six (6) months of hire.

 

What You’ll Get (Perks & Benefits): 

• - Competitive salary with bonus potential based on performance
• -Comprehensive medical, dental, and vision insurance
• -401K with company match
• -Defined benefit plan (Pension)
• -Paid Time Off, and much more!

Apply NOW for immediate consideration!

With over $500 Million in assets located in beautiful Hudson Valley, NY, TEG Federal Credit Union has over 37,000 members, 9 branches, an amazing employee culture, strong history of member service excellence and is one of the most respected financially sound organizations in the area. Our vision at TEG is to empower our members to embrace their financial wellbeing each and every day. TEG’s mission is to enrich the lives of our members by providing quality financial services within the credit union philosophy of ‘people helping people,’ while maintaining a strong financial foundation.

TEG Federal Credit Union is an Equal Opportunity Employer. Applications are considered on the basis of skills, experience and qualifications without regard to race, age, creed, color, nationality, gender, sexual orientation, gender identity, marital status, military background, disability or any other legally protected status. All employment related decisions are made in accord with this policy.

TEG Federal Credit Union participates in the E-Verify program to confirm the employment eligibility of all newly hired employees. For more information on E-Verify, please visit