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Trustmark

Direct Consumer Underwriter I

Trustmark, Pearl, Mississippi, United States,


Direct Consumer Underwriter I

Location

US-MS-Pearl

Job ID

2024-17734

Category

Underwriting

Type

Regular Full-Time

Job Grade

10

FLSA Status

Exempt

Working Hours

8am - 5pm

Job Location: Company

Consumer Loan Center - 10121

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 factorsPrepare loan recommendations for the HMDA Retail Second Review CommitteeEnsure compliance with all Bank regulatory requirementsInteract with Loan Officers to gather the information necessary to analyze each loan applicationPerform additional duties as assigned.Qualifications

Four-year college education OR High School Diploma with two years of direct consumer underwriting experienceBasic knowledge of consumer credit analysis with work experience in consumer lendingBasic knowledge of bank lending policies and related regulatory requirementsBasic knowledge of credit scoring principles and principles of financeGeneral knowledge of loan documentation and lien perfection requirementsCommunication skillsBasic Computer skillsInterpersonal skillsWorking knowledge of Action Underwriting System preferredBasic knowledge of Trustmark Consumer Credit products preferredWorking knowledge of Microsoft Office applications preferrred