Underwriter I jobs in United States
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Blue Federal Credit Union · 22 hours ago

Underwriter I

Blue Federal Credit Union is seeking an Underwriter I to provide exceptional member service while reviewing loan requests. The role involves assessing the credit union's risk level, making loan decisions, and communicating effectively with members and staff.

BankingFinancial ServicesInsurance
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Growth Opportunities

Responsibilities

Receives loan requests originated through a variety of loan channels for review. Analyzes relevant components of each request and uses judgment and discretion to make the appropriate decision while managing the credit union’s risk. Escalates loans to the next authority level with a decision recommendation when necessary. Approaches underwriting with a “Win for our members!” mentality by looking for novel ways to say “yes” to all loan requests that will benefit, rather than harm, the borrower
Maintains service levels agreements as set forth by management
Communicates all loan decisions to Financial Specialists and dealer partners. Includes a path to a future approval on internal loan requests that are not approved. Conducts all communication (written, verbal, and face-to-face) with all persons (members, teammates, staff, and vendors) in a clear, kind, collaborative, and constructive manner
Obtains and properly evaluates credit bureau reports, income documentation, collateral valuation reports, and other supporting loan documentation as needed to decision a loan
Identifies and recommends additional loan products that may benefit Blue’s members
Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control

Qualification

Loan underwritingCredit analysisCustomer serviceRisk assessmentInterpersonal skills

Required

A minimum of one year up to three years of similar or related experience, including preparatory experience
A high school degree or equivalent
Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control
Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team
Must be able to read and carry out various written instructions and follow oral instructions
Must be able to complete basic mathematical calculations, spell accurately, and understand computer basics
Must be able to speak clearly and deliver information in a logical and understandable sequence
Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public
Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace
Must be able to effectively handle multiple, simultaneous, and changing priorities
Must be capable of exercising highest level of discretion on both internal and external confidential matters

Company

Blue Federal Credit Union

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Blue Federal Credit Union engages in banking, insurance and financial advice services.

Funding

Current Stage
Growth Stage
Total Funding
$25M
2024-11-07Debt Financing· $10M
2024-01-02Debt Financing· $15M

Leadership Team

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Stephanie Teubner
President/CEO
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Neal Weber
Chief Financial Officer
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Company data provided by crunchbase