What are the responsibilities and job description for the Consumer Loan Underwriter position at Dow Credit Union?
Consumer Loan Underwriter
Dow Credit Union in Midland, MI is seeking a skilled and experienced full-time Consumer Loan Underwriter to join our team. As a Consumer Loan Underwriter, you will be responsible for reviewing and underwriting consumer, indirect, and student loan applications in accordance with established policies and guidelines. Your primary goal will be to evaluate applications for credit quality and make appropriate credit decisions. Additionally, you will work closely with members to align their loan requests with the most suitable products, ensuring their needs are met.
Would you like to join a supportive organization that invests in its employees? Do you want to build a long-term career in the people helping people industry with an established and award winning company? If so, please read on!
This position earns a competitive starting pay of $25.00 an hour. We provide terrific benefits, including quarterly and annual incentives, medical, dental, vision, a 401(k) plan, paid holidays, and paid time off (PTO). If this sounds like the right opportunity for you, apply today!
DOW CREDIT UNION: OUR MISSION
In 1937, the country was still in the throes of a severe economic depression that underscored the need for a workable financial plan to enable Dow employees to save for emergencies and obtain convenient, low-cost credit. Two Dow employees heard about the credit union movement, and the rest is history. Today, we serve more than 70,000 members and have over $2 billion in assets. Our goal has always been to serve our members to the best of our abilities and provide them with the best value for their money. Every day, we continually strive to improve our level of service by keeping our focus on our members.
In order to do this, we have to hire and retain loyal, team-oriented employees who have genuine care and concern for our members and conduct themselves with integrity and professionalism. That's why we offer competitive pay, excellent benefits, and a positive work culture. We truly respect each other and actively encourage diversity, equity, and inclusion (DEI). We are an equal-opportunity employer.
Consumer Loan Underwriter
We are a fast-paced and member-focused financial institution committed to providing exceptional service to our members. As a Consumer Loan Underwriter, you will be an integral part of our team, working with members to ensure a positive experience that enhances existing and potential member relationships.
- Review and underwrite consumer loan applications promptly and consistently, assessing credit quality and making sound credit decisions.
- Approve or deny loans based on established authority limits and credit union loan policies.
- Process loan applications through various channels, including web, phone, and indirect dealers.
- Communicate application decisions to members and loan officers, clearly specifying loan closing requirements.
- Cross-sell credit union products and services, such as GAP, disability and life insurance, and encourage loan recaptures from competitors.
- Counsel members on credit issues and propose alternative solutions when initial requests cannot be fulfilled.
- Resolve member complaints, address data conflicts, and ensure proper pipeline management of loans.
- Provide guidance and expertise to loan officers, supporting them in understanding underwriting requirements.
- Develop and maintain strong relationships with external vendors, including indirect dealers, third-party service providers, and insurance agents.
TO EXCEL AS A CONSUMER LOAN UNDERWRITER
High school diploma or equivalency required.
Three to five years of consumer lending experience required.
ARE YOU READY TO JOIN OUR TEAM?
If you are a qualified and dedicated professional with expertise in consumer loan underwriting, we invite you to apply for this position. Join our team and contribute to our credit union's success by providing exceptional service to our members and ensuring sound lending practices. Apply now to become a part of our team with our 3-minute, mobile-friendly application. We look forward to meeting you!
Salary : $25 - $0
