Indirect Lending Underwriter

Arizona Central Credit Union Ranked Top 10 Credit Unions in AZ for 2024"Ranking Arizona: Top 10 credit unions for 2024" AZBIGMEDIAArizona Central Credit Union offers a comprehensive benefits package, including medical, dental, vision, 401k with up to 6% match, an employee assistance program, and much more.Role:This position will work closely with leadership to make credit decisions based on credit union lending policy and cultivate a strong lending pipeline. The ability to build and maintain strong dealer relationships is critical for success.Summary of Responsibilities:+ Responsible for reviewing, analyzing, and underwriting indirect loan applications including retail and third-party referrals.+ Expert underwriter: review credit applications, credit reports, calculate applicable ratios (i.e. Debt ratios, loan-to-value), evaluate borrower circumstances and determine loan decision based on policies and guidelines.+ Analyze current financial position of members to determine the degree of risk involved in extending credit within policy or make a recommendation to credit committee.+ Gather required information & documentation from dealer, member, or 3rd party partner and prepare loan for booking (Funding) by entering required data in systems.+ Foster a positive, productive environment towards building relationships with dealers and other third parties, in person and on the phone.+ Participate in quality control of loan files, verify accuracy of documentation, and assist funding with collecting pending conditional items as needed.+ Underwrite and be onsite as needed for special dealer events, including weekend events or holidays on occasion.+ Make decision to approve, counteroffer, or deny loan requests that are outside of credit union lending guidelines but within policy.+ Authorizes release of collateral on existing loans, changes in loan terms, waivers of payments, due date change, etc.+ Audit, review, or prepare reports as delegated by leadership.Hours:+ Monday - Friday 9:00am - 5:30pm, some weekends and holidays+ Rotating Saturdays+ Remote work is available after 90 days (Hybrid).+ Frequent travel to auto dealerships to build and maintain relationships is requiredExperience:+ Five to eight years of underwriting experience (indirect lending preferred).+ One to two years of building and maintaining strong dealer relationships.Powered by JazzHR