1. Underwrite loan files received daily. Perform thorough, in depth risk assessment; determine borrower’s credit worthiness and ability for repayment. Analyze tax returns, credit, red flag and fraud detection information and related documentation to ensure compliance with agency, investor and/or credit union policy and procedures.
2. Review and satisfy underwriting conditions inclusive of property related documentation encompassing appraisal reports, title, etc. to ensure adequate collateral along with a complete file in accordance with credit union policy while maintaining established turn times.
3. Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.
4. Actively participate in training enhancement of department personnel. Identify training opportunities in relation to credit risk, review or trends.
5. Organize and prioritize daily work load to ensure compliance to credit union policy, procedures and established turn-around times.
6. Complete and accurate input in loan origination system(s) to ensure data integrity.
7. Communicate and interact with all pertinent vendors, servicers, agencies, investors, internal and external departments and members, as applicable.
8. Perform research, lender comparison, develop and maintain reports, assist in other areas of the department as directed by the department manager.
PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASKS:
1. Effective oral and written communication skills.
2. Must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment, such as financial calculators, personal computer, facsimile machine and telephone.