Salary
N/A
Advertisement
Job Description
Overview:
The purpose of this job is to review and evaluate consumer loan applications in a centralized underwriting environment and render approval or denial decisions based upon bank policy, underwriting guidelines, and related state and federal regulations.
Responsibilities: - Approve, decline, or conditionally approve consumer loan applications and provide supporting documentation
- Perform analysis of each credit transaction by reviewing the credit score, ability to repay, collateral, structure, personal liquidity, and other relevant factors
- Prepare loan recommendations for the HMDA Retail Second Review Committee
- Ensure compliance with all Bank regulatory requirements
- Interact with Loan Officers to gather the information necessary to analyze each loan application
- Perform additional duties as assigned.
- Four-year college education OR High School Diploma with four years direct underwriting experience
- Advanced knowledge of consumer credit analysis with work experience in consumer lending
- Advanced knowledge of bank lending policies and related regulatory requirements
- Advanced knowledge of credit scoring principles and principles of finance
- Basic knowledge of loan documentation and lien perfection requirements
- Communication skills
- Computer skills
- Interpersonal skills
- Working knowledge of Action Underwriting System preferred
- Advanced knowledge of Trustmark Consumer Credit products preferred
- Proficiency with Microsoft Office applications preferred
Jobs of Interest
Recent Stories
Please enter your email to create a job alert for this search!