Associate Underwriter Jobs in Hawaii (NOW HIRING)

HSFCU Headquarters, 333 Queen Street, Honolulu, Hawaii, United States of America

Posted Tuesday, August 25, 2026 at 4:00 PM

The Consumer Loan Underwriter Associate is responsible for underwriting Home Equity Line of Credit (HELOC) loan applications by reviewing credit, income, assets, liabilities, collateral, and overall borrower eligibility. The Underwriter Associate analyzes risk, calculates qualifying ratios, evaluates compensating factors, and makes lending decisions in accordance with credit union policies, procedures, and regulatory guidelines.

In this role, you will provide support to branch staff, loan personnel, members, and vendors to ensure timely, accurate, and professional service while safeguarding credit union assets. You will also serve as a partner by communicating with members, branch staff, title companies, and vendors to obtain outstanding items, clear conditions, monitor pipeline progress, maintain accurate loan records, and assist with file preparation for closing and funding. As the Consumer Loan Underwriter Associate, you will manage the loan process from application through closing by ordering, reviewing, and tracking third-party services such as title reports, property valuations, inspections, flood determinations, and attorney reviews.

This position is located at our HSFCU Headquarters in Downtown Honolulu.

Base Annual Salary Range: $63,000 ($30.28/hour) - $81,060 per year ($38.97/hour)

• Completes all underwriting functions in accordance with various credit union program requirements and related legal and regulatory requirements.
• Reviews valuations and ensures risks are appropriate and meets guidelines for applicable loan types, including adequacy of collateral values to cover minimum loan requirements.
• Evaluates applicant’s employment history, ensuring the probability of continued employment and verifies employment history. Assesses overtime, bonuses, and commissions used to qualify. Analyzes tax returns and balance sheets of self-employed applicants.
• Manages the loan process from application through closing by ordering, reviewing, and tracking third-party services such as title reports, property valuations, inspections, flood determinations, and attorney reviews.
• Communicates with members, branch staff, title companies, and vendors to obtain outstanding items, clear conditions, monitor pipeline progress, maintain accurate loan records, and assist with file preparation for closing and funding.

• 2-4 years of related experience in Loan Underwriting.
  
• Knowledge of consumer and home equity lending practices.
  
• Understanding of related legal and regulatory standards, and required loan documentation.
  
• Ability to adapt to changes in work environment or work process.
  
• Able to work efficiently and in an organized manner.
  
• High school diploma or equivalent experience.
  

• Prior work experience in a credit union or financial institution.
• Familiarity with loan origination systems (LOS) and underwriting platforms (e.g., MeridianLink, Origence, etc.).

Find your happy place. Hawaii State Federal Credit Union is more than a bank, and not just another credit union.We’re a place where “Always Right By You” isn’t just a tagline to those we serve, but a promise to our employees, who enjoy generous benefits, opportunities for career advancement and a healthy work-life balance. As an employee, you will be part of a team that values trust, encouragement, and the holistic experience of working together. HSFCU offers a dynamic and supportive work environment where employees can enjoy competitive compensation and one of the best benefits packages in the business.

• Competitive Compensation:HSFCU offers competitive pay, merit increases, and incentives.
• Health Coverage:We've got you covered: full-time employees receive 100% coverage for medical and dental premiums, plus 50% towards covering your family members. Pre-tax deductions for your Flexible Spending Plan can be added on as early as 6 months in.
• Paid Time Off:Enjoy 13 paid holidays each year, plus Election Day and up to 2 full days off for Community Service. Your hard work is rewarded with an increase in PTO accrual with every year you're employed.
• Retirement Savings:Contribute to a 401(k) plan with up to 10% employer contributions including a 6% match and profit sharing after your first year.
• Transportation Subsidy:We make your daily commute stress-free. Receive 100% bus pass reimbursement or up to $100 subsidy towards parking and Pre-Tax deductions.
• Health & Wellness: Access to wellness fairs, flu shot clinics, and on-site fitness centers.
• Additional Benefits: Flexible spending plans, credit union discounts, life, accident, and disability insurance.
• Growth Opportunities:HSFCU invests in employee development through in-person and online training programs, workshops, career development assistance, and tuition assistance. Employees are encouraged to further their education and unlock new opportunities.
• Work Environment:HSFCU’s modern headquarters prioritize a balance between wellness and productivity, offering a variety of amenities. The culture is inclusive, with a focus on teamwork and community, often described as an 'ohana' or family atmosphere.
• Employee Testimonials:Employees appreciate the supportive environment where everyone’s voice is heard and valued. The credit union has been recognized as one of Hawaii’s best places to work for over 15 years.

HSFCU Headquarters, 333 Queen Street, Honolulu, Hawaii, United States of America