Auto - Underwriter III - Private Label

Overview

This role is for an Auto Underwriter III supporting indirect originations underwriting. Work is performed from home. The position involves reviewing credit applications, handling policy and pricing exceptions, supporting daily underwriting operations, and making timely credit decisions in accordance with established policy and regulatory requirements.

Responsibilities

• Review credit applications and deliver the appropriate credit decision within credit policy requirements and in compliance with all regulations
• Review policy and/or pricing exceptions and support daily underwriting operations
• Structure credit decisions to maximize profit while enhancing long-term relationships
• Review and approve automobile applications submitted by clients, with emphasis on:
  • Response time
  • Quantity of applications processed
  • Quality of applications approved
• Meet or exceed agreed-upon targets for return on equity, volume, conversion ratios, and other business metrics
• Initiate sales calls via telephone and, where appropriate, prepare written follow-up
• Provide prompt and accurate responses to internal and external customer inquiries

Requirements

• 5+ years of credit experience, with Auto Finance experience
• Experience reviewing credit bureau reports
• Highly skilled in credit decisioning with a solid understanding of consumer credit and applicable federal and state regulations related to consumer lending
• Comprehensive knowledge of indirect loan and lease programs, bank products, and services
• PC literate with a working knowledge of common application software
• Expert knowledge of credit philosophy and policies, loan documentation, and related legal issues
• Thorough knowledge of the organization’s policies and procedures, including product risks
• Superior analytical skills supported by excellent written and verbal communication skills
• Results-oriented with strong personal initiative and proven leadership ability
• Demonstrated judgment and ability to act decisively

Preferred Qualifications

• Sales experience preferred

Compensation & Benefits

• Competitive total rewards package, including base salary determined based on role, experience, skill set, and location
• Eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid as cash and/or forfeitable equity, based on individual achievements and contributions
• Benefits may include comprehensive health care coverage, on-site health and wellness centers, retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching, and more (eligibility-based)
• Additional details about total compensation and benefits provided during the hiring process

Location

• Work from home
• Work schedule: Monday–Friday 9:00am–6:00pm with rotating Saturdays