Consumer Lending Underwriter I

Financial Partners Credit Union Downey , CA 90240

Posted 2 months ago

We are looking for a strong Consumer Lending Underwriter to add to the Consumer Lending team. If you have the background and skills required to thrive in this role, we are excited to hear from you.


  • Reviews credit report and any issues for score enhancement opportunities.

  • Finds creative ways to say yes to loan requests wherever possible.

  • Underwrites loan applications by obtaining credit reports, analyzing the member financial data, verifying member information and request additional information as required.

  • Makes the decision to grant, counter-offer or decline the credit request.

  • Responds to telephone inquiries from many sources, such as members, branch managers and other credit union personnel, and auto dealerships. Answer inquiries regarding loan requests, explaining loan procedures, providing technical assistance, answering questions concerning loan rates, terms and related matters.

  • Works closely with underwriters' level II & III, processors, loan advisors and frontline partners at all Credit Union branch locations.

  • Explains loan options, rates, terms and collateral requirements.

  • Gathers the required information for a credit decision, explains loan options, rates, terms and collateral requirements.

  • Underwrites loan applications by obtaining credit reports, analyzing the member financial data, verifying member information and request additional information as required.

  • Enters data in the loan origination and core member systems.

  • Prepares and mails adverse action letters to the member.

  • Ability to establish rapport with members, employees, dealerships, and any other partners. Ability to identify members' needs.

  • Ability to handle member score enhancement and objectives with minimum assistance.

  • Maintain a high volume of good quality consumer loans to achieve profitable short-term consumer loans.

  • Be well organized in processing loan requests. Streamline the workflow to increase production.

  • Review the final loan documentation to verify that all required documents have been received and are satisfactory to meet the credit union's underwriting standards.


Associate's degree (A. A.) or equivalent from two-year college or technical school; or six months to one year related experience and/or training; or equivalent combination of education and experience. Bachelor's degree preferred. Knowledge of consumer and home equity lending, products, compliance and regulations. Ability to evaluate strategies, prioritize activities and make effective use of resources. Ability to create an environment which motivates others. Ability to listen effectively, present ideas clearly, concisely and in an organized and interesting manner. Ability to use PC in a windows environment, basic word processing and spreadsheet functions. Ability to think creatively. Basic Business Math and business writing and minimum 30 words per minute typing speed.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Consumer Investments Financial Solutions Advisor Development Program Orange County San Diego South Bay And Riverside Areas

Bank Of America Corporation

Posted 2 months ago

VIEW JOBS 2/29/2020 12:00:00 AM 2020-05-29T00:00 Job Description: At Bank of America, we're creating real, meaningful relationships with individuals and businesses across the country. Each day, we connect with 67 million clients through a growing specialist workforce and our world class digital platform. With each relationship and connection, we are looking to provide care and guidance for our clients when they need us most – whether they are just starting out, buying a home, building a family or planning for retirement. As part of our commitment, we are looking for the next generation of Financial Advisors—those with a passion for growing a long term career and a drive to make our clients' financial lives better. If you are an individual who is passionate about helping clients reach their financial goals, join Bank of America's as a Financial Solutions Advisor and become a specialist in one of over 4,000 locations nationwide. Our award winning Academy offers a defined path to becoming an advisor through a multi-stage training program; one that provides you with dedicated and personalized classes for your Securities Industry licenses along with the necessary experience and skills to succeed in your role. From day one, you will receive hands on training and support to ensure you get your career started right. As a Financial Solutions Advisor, your journey begins working in a financial center where you will learn Bank of America's core banking and client care approach. You will be taught the foundational skills needed to be an advisor – from acquiring, building and managing client relationships to humanizing financial interactions – we'll equip you with everything you need as you move through the stages of development. At Bank of America, we are dedicated to providing the best possible care and guidance for our clients' financial lives. We serve the needs of over 65 Million clients across the country through a growing nationwide footprint and the most advanced digital platform in the financial services industry. If you are passionate about helping clients reach their goals and interested in a career in investments, consider becoming a Merrill Edge Financial Solutions Advisor. We're looking for the next generation of financial advisors—those with a passion for people and drive to build a business that makes their financial lives better. Going beyond banking and investment strategies, you'll consider a client's entire financial picture, and then guide them with advice and solutions to help them live their best financial lives. From day one, you will receive best- in- class training from the award winning Academy Aat Bank of America; including hands- on practice, personalized coaching and dedicated classes for the Securityies Industry Essentials (SIE), Series 7 and Series 66 licenses. With demonstrated success, you will have unlimited career growth with and the opportunity to advance in many roles within Merrill Edge, Bank of America, Merrill Lynch and U.S. Trust. The Academy will support you along the way with many In Role Development, Mastery and Leadership Development Programs. We'll help you * Get training and one-on-one coaching from Academy managers who are invested in your success. * Earn your Security Industry Essentials (SIE), Series 7 and Series 66 licenses though structured lessons and dedicated study time. * Provide end-to-end comprehensive advice. Deliver client reviews/presentations with confidence and recommend strategies to help clients achieve their financial goals and life priorities. * Get smart on core banking and investment solutions. Connect clients to all of the solutions we provide. * Grow your network to eventually grow your business. Leverage our relationships with one out of two households in the U.S. Starting at a financial center, you'll interact with banking customers, small business owners and higher net worth clients alike. * Build connections. Work in the center of the financial universe, tapping into a range of experts, from mortgage lenders to investment analysts. * Continuously learn and grow, with on-going career development support and opportunities for advancement with Bank of America, Merrill Lynch and U.S. Trust. As a Financial Solutions Advisor, you can look forward to * Unlimited potential for financial growth * A strong referral base from across the business that will give you a leg-up on client acquisition * Robust marketing support to reach wider audiences with greater appeal * Ongoing professional development to deepen your skills and optimize your practice as the industry evolves and changes * Leadership opportunities, from leading client and conference seminars to mentoring junior associates You're the kind of person that * Sets and accomplishes goals, achieving whatever you put your mind to * Is comfortable in a sales role, finding ways to nurture strong relationships with prospective clients * Communicates clear and confidently with customers from all walks of life * Works well with others and collaborates productively to get things done * Can manage complexity, prioritize tasks and execute in a fast-paced environment * Likes to learn on your feet, adapting to new information and seeking the right solutions for clients * Efficiently manages your time and capacity * Is thorough and will incorporate relevant regulatory due diligence into daily to-do's and long-term strategies for clients You'll be even more prepared if you have * Strong computer skills with an ability to multitask in a demanding environment * A bachelor's degree, or 1-2 years of experience working in the financial service industry and/or a sales environment where goals were met or exceeded We're a culture that * Has a place for everyone committed to doing the work. We provide continuous training and developmental opportunities to help people achieve their goals, whatever their background or experience. * Believes diversity makes us stronger, so we can reflect, connect to and meet the diverse needs of our clients and customers around the world * Is committed to advancing our tools, technology, and ways of working. We always put our clients first to meet their evolving needs * Believes in responsible growth and has a proven dedication to supporting the communities we serve * Please Note that this requisition contains multiple locations but not there is not an immediate opening for every location listed* Shift: 1st shift (United States of America) Hours Per Week: 40 Bank Of America Corporation Downey CA

Consumer Lending Underwriter I

Financial Partners Credit Union