Underwriting Manager

Atlantic FCU is hiring an Underwriting Manager at its South Portland location.

Description:

Join our dynamic team as an Underwriting Manager, where you’ll play a pivotal role in shaping the financial futures of our members. As the driving force behind a talented team, you will engage in the exciting challenge of assessing loan requests, ensuring each decision is fair, compliant, and backed by thorough analysis. Your leadership will shine as you mentor and develop your team, fostering a culture of growth and excellence.

Dive into diverse underwriting projects across real estate and consumer loans, where your expertise will make a real impact. You’ll also have a rewarding opportunity to educate and empower our lending teams, enhancing their capabilities and knowledge. Collaboration is key, as you’ll work closely with management and third-party vendors to align with our strategic goals and deliver outstanding results.

If you’re a passionate leader with a hands‑on approach and a knack for strategic execution, we want you to help us evolve and excel!

Responsibilities:

• Lead our Underwriting Department with strategic insight into lending activities and play a crucial role in steering our credit union towards safety and soundness. Innovate and implement efficient processes while ensuring robust internal controls. As a guiding force, coach and develop underwriters, reviewing loans to achieve excellence. Communicate departmental successes and challenges to management, driving forward our collective success.
• Evaluate and analyze credit applications by reviewing credit reports, employment details, debt ratios, and collateral. Approve within your authority and recommend decisions on others. Spot and pursue cross‑sell opportunities while supporting the growth of our lending team. Engage with applicants, gather necessary information, and ensure smooth loan processing.
• Perform routine audits of loans approved through automation and loans that are nonperform. Look for trends and make adjustments as necessary to ensure safety and soundness.
• Work with outside vendors to enhance sales penetration and coordinate portfolio safety as needed. Duties may include direct interactions with auto dealers, indirect relationships or other potential volume generating activities.
• Three to five years of experience in Underwriting
• Previous experience in leadership/management preferred.
• Two‑year Degree or completion or specialized certification or licensing, or completion of specialized training acquired through previous underwriting roles.
• Superior written and verbal communication.
• Comprehensive understanding of lending and strong analytical skills.