Manager of Loan Underwriting

Job purpose

The Manager of Loan Underwriting will be responsible for reviewing, analyzing, approving, and underwriting consumer requests and products within Credit Union and industry guidelines and is responsible for timely and accurate turnaround on applications as well as for performance of loans written.

Duties and responsibilities

• Review credit applications for various types of consumer loans, including Home Equity Products, and analyze applicable information (credit reports, collateral valuation, legal documents, etc.) to render credit decisions in accordance with lending policies.
• Use discretion and independent judgment for credit decisions not conforming to lending policies and consult with the VP of Lending, or AVP of Consumer Lending.
• Assist in manage lending operations, include assessing the overall job performance of, and directing the work of, the Consumer Lending Supervisor, consumer [lending clerks?], mortgage lending clerks

Proactively seek other lending opportunities for each credit applicant.

• Identify and assist in the development of new loan products.
• Respond to and resolve consumer and mortgage loan clerks inquires in a timely manner and facilitate assistance from other staff as appropriate.
• Constantly develop greater knowledge in all areas of credit union operations.
• Maintain an in-depth knowledge of the Credit Unions policies and procedures as well as regulations and compliance, both state and federal. Required to attend or participate in necessary compliance training.
• Responsible for maintaining and updating the HMDA LAR on a monthly and quarterly basis.
• Assists with Quality Control reviews of loan files.
• Participate in activities that help reinforce our PICK US values and support a positive internal culture.
• Assist the VP of Lending and AVP of Consumer Lending in performing other duties and responsibilities as needed to ensure organizational success.
• Recommend the hiring, transfer, suspension, lay off, promotion, termination, discipline, assignment, direction, and adjustment of grievances of employees with lending responsibilities (including the Consuming Lending Supervisor, consumer lending clerks, and mortgage lending clerks) and exercise independent judgment with respect to these duties and responsibilities.
• Exercise discretion and independent judgment with respect to all matters of lending
• Responsible for the administration of anti-money laundering duties and the Bank Secrecy laws.
• Represent the Credit Union in a professional and friendly manner, both internally and within the community.
• Assumes other duties, responsibilities, special assignments, and training as necessary or directed.

Qualifications

• A minimum of 3 to 5 years of similar or related experience. Credit Union experience preferred.
• Knowledge of lending compliance
• Strong Communication, both oral and written skills
• Ability to become a Mortgage Loan Originator with the Nationwide Mortgage Licensing System & Registry (NMLS).
• Computer skills mandatory

Working conditions

This position requires a flexible schedule with limited evening and weekend duties, traveling in Credit Union's service area, attending events, and working at times with challenging circumstances and challenging members.

Physical requirements

While performing the essential duties of the position, the employee would be regularly required to stand, sit, walk, stoop, kneel, talk, and hear. Vision requirements include close vision and the ability to focus. The nature of this position requires physical mobility and the ability to occasionally lift and/or move a maximum of 25 pounds.