POSITION SUMMARY:

The Consumer Loan Underwriter is responsible for the decision of direct and indirect loans in accordance with Cascade Federal Credit Union (CFCU) policy.

ESSENTIAL FUNCTIONS:

• Process and underwrite consumer loans, including personal, auto, home improvement, credit card in accordance with credit union policy and standards.
• Collaborate effectively with branch personnel to ensure that loan applications are fully completed, the necessary supporting documentation is received, and the loan closes as scheduled.
• Approve consumer loans within authorized limits and communicate decisions to branch personnel and/or members.
• Disburse loan checks and related information to members if applicable.
• Ensure loan documents are accurate, complete, and compliant with credit union policy.
• Provide information concerning policies, rates, payment schedules, and other loan related information to internal/external members.
• Proficient at pipeline management with an emphasis on organizational and multi-tasking skills
• Serve as a resource on consumer products/services of CFCU; respond to internal and external loan related member questions & research.
• Participate in department and/or strategic projects as directed.
• Performs other related and unrelated duties as requested and therefore required.
• Distribute incoming online applications to appropriate branches.
• Review incoming dealer documents and verify all information is provided.
• Enter member information into loan records.
• Manage lending department shipping and reconciliation of GL’s.
• Upload rate sheet to CUDL admin site.
• SAFE Act Compliance, MLO registration.

REQUIRED EDUCATION AND EXPERIENCE:

High School diploma or GED; 2+ years of related experience; or equivalent combination of education and experience.

Familiarity with fair lending practices and understanding of Fair Credit Reporting and lending industry guidelines.

Valid National Mortgage Licensing System (NMLS) Registration.

POSITION TYPE/EXPECTED HOURS OF WORK:

This is a full-time position: Monday through Friday, 8:30 a.m. to 5 p.m.

TRAVEL:

No travel is expected for this position.