Direct Underwriter

This is an in-office position based out of Ent Credit Union Headquarters in Colorado Springs. This is not a remote eligible position.The primary purpose of this position is to analyze and render a decision on direct consumer loans that are consistent with underwriting guidelines, loan policies and management direction. The Direct Underwriter will be responsible for documenting the loan file with the decision, recommend alternative solutions when viable, and providing financial education to members. The Direct Underwriter must maintain a solid understanding of the wide range of products including, but not limited to personal, secured, and home equity loans. The Direct Underwriter is also required to review system decisioned loan applications returning for 2nd Review due to dispute, clarification, stipulation review, or request to override the system decision. Additionally, the Direct Underwriter will be responsible for understanding and complying with financial and lending regulations. In this role, the Direct Underwriter will be responsible for daily loan review, to include, but not limited to, appraisal review, VOI, and loan deferment requests.

Essential FunctionsConsumer Lending Underwriting Operations: Underwrite a full range of direct consumer loans including secured, unsecured, and home equity products. Verify and approve application documentation such as verification of income and property valuations. As applicable, interact with the Loan Officer to discuss loan options, procure additional information necessary to render a loan decision, and explain loan decisions. Recommend financial education and alternative solutions/products as applicable to improve the members financial quality of life. Analyze information, documents, and render a loan decision on loans returning for 2nd Review.Ad Hoc Projects: To include but not limited to loan deferment requests, software testing, meeting facilitation, resources for other underwriters, or other special projects.Bank Secrecy Act: Remains cognizant of and adheres to Ent policies and procedures, and regulations pertaining to the Bank Secrecy Act.