Consumer Loan Underwriter

This position exists to serve the members of Scenic Community Credit Union and work to achieve the established goals of this Credit Union. The position exists within the Lending Department and is an integral part of the daily operations and success of the Department and Credit Union.

The Consumer Loan Underwriter is responsible for evaluating, approving, and declining consumer loan applications originated through branch locations and dealership partners. This role ensures all lending decisions align with company policies, risk tolerance, and applicable federal and state consumer lending regulations. The Underwriter works closely with branch staff, dealership representatives, and internal departments to facilitate sound credit decisions while supporting business growth and member/customer service excellence.

• Underwrite consumer loan applications originated through branch locations and dealership partners, exercising discretion and independent judgment within established underwriting guidelines and assigned lending authority.
• Analyze credit reports, income documentation, debt-to-income ratios, collateral values, and other relevant financial information to assess credit risk and determine appropriate loan decisions.
• Approve, conditionally approve, or deny loan applications in accordance with credit union loan policies and procedures.
• Retain thorough knowledge of loan policies, procedures, interest rates, and consumer loan products and services, including those offered through third-party partnerships.
• Communicate loan decisions clearly and professionally to branch staff, dealership personnel, members, and internal departments.
• Ensure compliance with all applicable federal and state consumer lending regulations, including but not limited to:
  • Truth in Lending Act (TILA)
  • Equal Credit Opportunity Act (ECOA)
  • State-specific lending laws and regulations
• Review and verify loan documentation for completeness and accuracy prior to funding; maintain accurate loan documentation and records in accordance with regulatory requirements and internal audit standards.
• Monitor indirect lending activities and loan portfolio quality to ensure adherence to established policies and identify trends related to credit risk.
• Serve as liaison between the credit union, dealership partners, and internal departments to resolve loan issues and ensure responsive, effective outcomes.
• Assist dealership personnel with loan status updates, research requests, and problem resolution; maintain strong business relationships through consistent communication and site visits as directed.
• Provide guidance and support to branch and dealership staff regarding underwriting criteria, documentation requirements, and compliance standards.
• Stay current on regulatory changes, underwriting guidelines, and industry best practices.
• Participate in internal and external audits as required.
• In addition to the previously stated, all other job duties and responsibilities as assigned by management.

• Associate’s degree in finance, Business Administration, or related field is preferred (or equivalent work experience).
• Minimum of five-years of banking or related experience.
• Two plus years of consumer lending or underwriting experience, preferably in a financial institution environment.
• Experience underwriting indirect (dealer-originated) loans preferred.

• Strong knowledge of consumer credit analysis and risk assessment.
• Working knowledge of federal and state consumer lending regulations.
• Ability to interpret credit reports, tax returns, pay stubs, and financial statements.
• Excellent analytical and decision-making skills.
• Strong attention to detail and organizational skills.
• Effective verbal and written communication skills.
• Ability to manage multiple priorities in a fast-paced environment.
• Proficient in Microsoft Office Products including Excel and Word software and business equipment including calculator, printer, scanner, and telephone.
• Keen sense of customer service.

• Talking:
  One must frequently convey detailed or important instructions or…