Underwriter, Finance & Banking

Underwriter page is loaded## Underwriter locations:
Arivo Acceptance LLC - West Valley City, UTtime type:
Full time posted on:
Posted 5 Days Agojob requisition :
R0041342
** Underwriter
* * Focus:
* Put underwriting skills to use, hone the craft, build in depth knowledge of Originations
* Have
** in depth knowledge
** in:
* Everything learned in Junior Underwriter foundation  + Originations Policies and SOPs, How to utilize and find documentation
* Lending Compliance Laws and Regulations (ie., ECOA, FCRA, TILA Reg.

Z, etc.)
* Trans Union and Experian credit bureaus information
* In depth knowledge of policies and SOPs (past memorization, knows a policy & the policies surrounding a policy)
What is expected of you to do:
* Comply with lending laws/regulations (ie., ECOA, FCRA, TILA Reg.

Z, etc.)
* Adhere to all company, department, and Origination’s Lending policies
* Escalate Policy and SOP questions using Escalation Process to ensure alignment
* Continue alignment with Department Goals, KPIs, Policies and SOPs
* Underwrite and decision Credit Applications efficiently and accurately
* Work as many applications as possible per day to progress towards personal role advancement
* Make detailed decision notes (link to SOP) on every application and save them in Norman
* Expected to come prepared and participate actively in
* all* meetings and/or forums
* Review submitted income on owned applications
* Take phone calls on owned applications
* * Monitor* personal Underwriting KPIs (Key Performance Indicators)
* Builds and delivers their personal weekly key performance indicators recaps for management

What is expected of you to do only w/ supervision by Senior Underwriter or Management:
* Income reviews on owned applications w/ Senior or Management supervision/review
* Funding escalations on owned applications w/ Senior or Management supervision/review
* Decision escalations on owned applications w/ Senior or Management supervision/review

Role Advancement Requirements:
* Pass all required Policy Exams  + **“Passing”
** score is outlined in the Policy Exams Program (LINK)
* Pass most recent Training Compliance Audits for the last X applications reviewed  + **“Passing”
** score & number of applications is outlined in the Training and Compliance Program (LINK)
* Passed most recent Training Decision Audits for the last X applications reviewed  + **“Passing”
** score & number of applications is outlined in the Policy audits & decision audits Program (LINK)
* Passed most recent Lending Policy Audits for the last X applications reviewed  + **“Passing”
** score & number of applications is outlined in the Policy audits & decision audits Program (LINK)
* Meet or exceed Key Performance Indicator metrics for Underwriter for X Months
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