“A growing nonprofit with a wonderful mission, competent coworkers, and exceptional benefits!”
1. Narrative Summary of Position
The Junior Underwriter is responsible for underwriting the HES 0% loan program and the Energize CT heat loan program and may underwrite other programs with second signature supervision by an Underwriter or Manager. The Junior Underwriter may also provide administrative support to Underwriters and Management in reviewing incoming documentation for pre-approved loans and packaging files for final underwriting review, as well as assisting with any other tasks necessary to process applications and close loans. 2. Specific Responsibilities
Review applications received and perform underwriting to determine applicant's eligibility; obtain documentation necessary to perform underwriting based on established criteria; prepare pre-approval and denial letters and describe reasons for loan denial to applicants.
Maintain accurate filing and tracking system for each loan program.
Prepare commitment letters, closing documents, and agreements for approved applicants.
Communicate with applicants, contractors and other related parties to obtain documentation necessary to approve, close and fund energy efficiency loans.
Track loan data as required in C4C's established database system.
Assist in tracking program performance and status of administrative due diligence of loans in process.
Provide administrative support to lending staff.
Performs other tasks as required.
3. Core Competencies
Lending: Experience and knowledge of consumer loan origination and underwriting, including knowledge of consumer credit and privacy laws.
Technical: Mathematical aptitude and attention to detail; knowledge of energy efficiency/home improvement-related issues.
Computer: Thorough knowledge of word processing and software programs such as Excel and Word; ability to learn databases appropriate for the loan programs.
Communication: Strong interpersonal skills; ability to interact with the public and communicate effectively both verbally and in written correspondence.
General: Ability to handle multiple tasks; high degree of tact and diplomacy; excellent organization skills; ability to handle confidential information; flexibility to adapt to changes in work place priorities.
4. Education & Experience
Minimum two (2) years of experience in a team-oriented work environment. Loan processing and/or related experience preferred.
High school diploma and minimum of an Associate degree or two (2) years of equivalent experience are required.
Bi-lingual English/Spanish is preferred but not required.
About Capital for Change (C4C):
Founded in 2016, our nonprofit is the direct result of the merger of three established community development financial institutions (CDFI’s) with decades of combined experience. Capital for Change (C4C) has grown to be the largest full-service CDFI in Connecticut. With support from our community-minded investors and partners, we create high impact lending programs and products that help develop affordable housing, increase energy efficiency, and nurture small businesses and nonprofits.