Consumer Loan Underwriter II

Overview

Bellco Corporate Offices, 7600 E Orchard Rd, Greenwood Village, Colorado, United States of America

Posted Tuesday, April 15, 2025 at 8:00 AM. Final date to receive applications is 5 days after the date the role was posted.

Thank you for your interest in Bellco Credit Union. We’re a local not-for-profit organization that has been serving members and communities since 1936. Bellco offers a comprehensive benefits package and opportunities for growth within a values-driven environment.

• Review and analyze direct and indirect loan applications to determine compliance with financial and creditworthiness criteria.
• Assess risk associated with loan approvals, evaluate income, credit history, employment history, debt-to-income ratio, and ensure compliance with state and federal guidelines and regulatory requirements.
• Provide advanced technical expertise, mentor team members, and participate in training as necessary; support Quality Control activities when appropriate.
• Manage pipeline within established Service Level Agreement (SLA) standards; may contribute to increased production due to advanced technical expertise.
• Responsible for underwriting accuracy for home equity lines of credit and for performing required mathematical calculations (income, DTI, LTV/CLTV).
• Apply lending guidelines fairly and without bias; ensure compliance with regulatory, agency requirements (e.g., RESPA, HMDA, CFPB) and fair lending practices.
• Make final underwriting decisions within granted lending authority and assist with compliance, auditing, and organization-wide initiatives as needed.
• Identify training needs, lead on-the-job training, and collaborate with teammates to troubleshoot questions and resolve inquiries while meeting response time and quality goals.
• Ensure member satisfaction across loan channels; monitor vendor performance and service standards as required.
• Distribute and reallocate pipelines with management to optimize member experience; manage fluctuating volumes and schedules as needed.
• Support attendance, flexible hours, and a collaborative team environment; contribute to cross-functional initiatives as requested.

Experience: Minimum 3 years’ experience in underwriting, preferably with Consumer Lending experience; knowledge of general lending guidelines including state, federal, and fair lending.

Education: Bachelor’s degree in related field or equivalent experience preferred.

Skills:

• Ability to maintain confidentiality and adapt to guideline changes quickly.
• Strong understanding of credit reporting and credit analysis; ability to analyze income documentation including personal and business tax returns and complete cash flow analysis.
• Ability to apply lending guidelines and use lending matrices; proficiency with Core system data review and home equity processing.
• Proficient with Microsoft Office (Word, Excel, Outlook); strong analytical, decision-making, and attention to detail.
• Excellent written and verbal communication; strong time-management and prioritization in a fast-paced environment.
• Flexible hours and ability to work across different loan channels; collaborative team player.

Hybrid working environment may be considered.

Bellco Credit Union provides a comprehensive benefits package to employees, including: medical, dental, vision, 401(k) with company match, supplemental life insurance, paid vacation, paid sick days, and paid holidays.

In addition to base compensation, Bellco Credit Union offers bonuses for the following roles: non-exempt branch roles may earn monthly bonuses for meeting production goals and quarterly bonuses for team goals; exempt branch roles may earn quarterly bonuses for production and team goals; exempt non-branch management roles may be eligible for an annual managerial bonus; non-branch non-management roles may be eligible for on-the-spot bonuses for extraordinary performance.

Bellco Corporate Offices, 7600 E Orchard Rd, Greenwood Village, Colorado, United States of America