Sr. Consumer Underwriter - Westchase District

The Sr. Consumer Underwriter will provide quality underwriting through timely and thorough evaluation of Consumer loans, HELOC, and Home Equity loan applications to make sound decisions in accordance with regulatory guidelines and Credit Union policies. Reviews complex loan situations and disputed loan applications. Guides lower-level underwriters through difficult loan situations and can combine authorities to approve high dollar collateralized or unsecure loans. Will also be an expert at reviewing income documents and prevent fraudulent applications from entering the Consumer portfolio. Proficient in analyzing title commitments, property appraisals, AVMs, as well as other required mortgage loan documentation.

• Review incoming Consumer, Home Equity, and HELOC loan applications to evaluate factors including debt-to-income ratio, analyzing credit reports, calculation of income, and loan-to-value ratios in making prudent loan decisions. Make timely decisions on credit applications within established guidelines and underwriting authority, while ensuring all State and Federal regulations are adhered to. Must underwrite and apply required conditions to current program/product specifications with analysis of 5 C's of credit.
• Provide guidance to Consumer, Mortgage, and Closing Specialists in developing solutions and structuring on challenging loans. Provide concurrence to consumer underwriters for additional level of approval authority. Assist front-line staff with structuring any complex loan situations.
• Review and verify income documentation as required to ensure it matches the amount listed within application and meets Credit Union guidelines. Must be proficient in analyzing complex financial and documents to protect the credit union from fraud.
• Responsible for validating all data contained in the loan submission and Encompass/Loan Director loan origination systems. Will be required to review disputed consumer loan applications from branch and sales staff.
• Manage e-Oscar direct and indirect consumer credit disputes in a timely manner. Required to provide an in-depth investigation through core systems and historical data to validate disputed credit information. Must adhere to all CFPB guidelines.
• Other duties as assigned.