Indirect Lending Underwriter I

Scott Credit Union is looking to hire a full-time Indirect Lending Underwriter I to join our amazing Consumer Lending team. This position works Monday thru Friday with rotating Saturdays. The position will require new employees to be in the office 5 days a week for the first 90 days before moving to a hybrid/remote schedule.

Purpose, Mission, Vision, Values

At Scott Credit Union, we are committed to upholding our purpose, mission, vision, and values. Our Purpose guides everything we do as an organization and is supported by our actionable Mission, Vision, and Values. If our chosen purpose, mission, vision, and values resonates with you and you want to find meaning in your work, we hope you will apply to become a part of our team!

Purpose:
To be with our members through every phase of their financial journeys, providing financial solutions that support them, their families, and their communities.

Mission:
Members. Value. Community.

Vision:
Building Better Financial Futures.

Values:
Accountability - we take pride and ownership in all we do.
Diversity - we are committed to fostering a diverse, equitable, and inclusive work environment.
Growth - we encourage the professional development of our employees.
Integrity - we maintain the highest ethical standards.
Service Excellence - we are devoted to continuously "WOW"ing our members and colleagues through the 3e Promise.

Why You Should Join Our Team

Scott Credit Union is a recipient of the St. Louis Post-Dispatch Top Workplaces Award 2023, the tenth time since 2012. This year, SCU was recognized as one of the Top Workplaces for our dedication to our people-first culture. The Top Workplaces award highlights SCU’s commitment to creating a positive and supportive work environment, where employees thrive and contribute to the organization’s overall success. Our team is our #1 priority, and we are proud to offer great benefits and perks, such as 11 paid holidays, competitive paid time off (PTO), Short-Term Disability (STD) that includes maternity leave, 401k with employer match, medical, dental, vision, and other insurance options, educational reimbursement program, employee assistance programs, opportunities for career advancement, casual “dress for your day” dress code, a positive team-oriented culture, and much more! A comprehensive benefit guide with a full list of our benefits can be found on our career page, scu.org/careers/.

The Day to Day as the Indirect Lending Underwriter I

Responsible for underwriting a high volume of loans while exercising sound judgement in the extension of credit. Examines, evaluates, and decisions borrower's applications for indirect loan requests, within lending authority, in accordance with sound underwriting practices as set out in policies and procedures, and using sound underwriting knowledge obtained through training and lending experiences. Works with indirect dealership staff to assist with indirect loan application questions and issues. A typical day will look like:

• Review applications for accuracy and completeness and will review indirect loan applications that may warrant additional consideration and possible second review. Must be able to evaluate instances where exceptions are in the best interest of the credit union and make recommendations for exceptions to the Vice President of Consumer Lending
• Analyzes, evaluates and approves indirect consumer loan applications, including but not limited to auto loans, RV loans, motorsports and boat loans in accordance with industry and business unit standards.
• Request additional information from dealer as needed to determine loan risk and to make sound and prudent loan decisions
• Assists in analyzing and monitoring lending reports to maintain adequate credit quality and portfolio performance.
• Meets or exceeds agreed upon targets for volume, applications decisioned, charge off and delinquency ratio and other credit union metrics
• Correspond with indirect dealership staff to resolve questions regarding consumer loan application information.
• Handle communications from indirect dealership representatives when they call to negotiate or dispute an underwriting decision.
• Perform such other duties and responsibilities as management may from time to time assign.

Are You a Good Fit?

Ask yourself the below questions to help determine if this job is the right fit for you.

• Do you enjoy engaging with people and providing exceptional customer service?
• Are you passionate about leading, coaching, and motivating others?
• Do you thrive in a fast-paced environment?
• Are you detail-oriented and like working with numbers?
• Do you enjoy working in a diverse environment with diverse members?
• Do you take pride and ownership in all that you do?
• Are you looking for a job where you can develop professionally?

If you answered yes to these questions, we hope you apply!

To Be Considered, You’ll Need:

• High School Diploma or GED
• One year of loan underwriting experience or loan processing experience. Experience working with loan regulations.
• Personal computer experience to include Microsoft Excel and Word.

Are You Ready to Join Our Team?

If this sounds like the right opportunity for you, we hope you apply today! If selected as a candidate, next steps may include a phone interview to go over the basics and/or an in-person interview to learn more about your experiences and qualifications.