Hybrid Loan Underwriter I chez Commonwealth Credit Union

Our goal is to be an Employer of Choice, and it takes all of us to achieve this.  That’s why all Commonwealth Credit Union Team Members are expected to live our Team 1 culture in all facets of their position.  Our team is committed to ‘bettering lives through our passion to serve’ and this includes everyone - from our team members to the people in the communities we serve.  We do this best when we appreciate each other for our differences, foster connections, and ensure an inclusive environment where everyone can thrive and be successful.

Our Loan Underwriters specialize in consumer lending risk analysis. They analyze information received from credit applications and credit reporting agencies to make prudent credit decisions. They adhere to all CCU practices, policies and procedures. This role requires the ability to be decisive in a fast-paced, highly motivated environment.

The duties and responsibilities of a Loan Underwriter I include, but are not limited to:

• Reviewing credit application information to determine risk for bankruptcy or non-payment by applying knowledge of standard underwriting procedures and risk analysis.
• Approving, denying, or referring the loan for further review.
• Structuring credit application, when applicable, to ensure the payment amount, loan amount, term, and other items yield the best result for the member.
• Detailing stipulations of loan approval or counter and information that supports the loan decision or referral of the loan application to someone with higher underwriting guidelines.
• Maintaining an appropriate level of profitability, delinquency, charge-off, and repossessions in line with CCU goals.
• Suggesting process improvements when applicable.

Some Saturday hours required. Potential for remote work.