Underwriter III
$31,200,000–$52,000,000 year
On-siteBedford, Texas, United States
Job Summary
Analyze and underwrite complex consumer loan applications, including direct and indirect loans, home equity products, and secured/unsecured loans within assigned authority limits. Evaluate loan transactions ranging from $50,000 to $500,000 by exercising independent judgment to balance member service with prudent risk management. Monitor portfolio performance, contribute to lending strategy and policy development, and mentor less experienced underwriters. Participate in Credit Committee initiatives and ensure compliance with federal and state lending regulations. This role supports initiatives to improve portfolio performance and maintain acceptable credit risk levels. The position is based at the Headquarters office in Bedford, Texas, with a hybrid work arrangement subject to leadership approval.
Required Qualifications
- 2 to 4 years of direct loan underwriting experience in a financial institution, preferably a credit union
- Demonstrated experience underwriting complex consumer lending transactions and exercising independent lending authority
- Deep understanding of lending regulations and compliance
- Advanced knowledge of consumer lending principles, credit analysis, and risk assessment
- Ability to interpret complex credit reports, tax returns, financial statements, and supporting documentation
- Excellent analytical, critical thinking, and decision-making skills
- Strong written and verbal communication skills with the ability to clearly explain lending decisions
- Ability to negotiate loan structures while maintaining acceptable risk parameters
- Strong organizational skills with the ability to prioritize multiple complex transactions
- Proficiency with loan origination systems, automated underwriting tools, and Microsoft Office applications
- A degree in business, finance, or a related field
- One or more of the following certifications: Certified Credit Union Business Lending Professional (CUBLP), Certified Credit Union Financial Counselor (CCUFC), National Association of Mortgage Underwriters Certified Master Underwriter (NAMU-CMU), other applicable lending, underwriting, or credit risk certifications
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