Consumer Loan Underwriter

Overview

The Consumer Underwriter is responsible for the underwriting, documentation, and closing of consumer loans in accordance with regulatory requirements, internal policy, and portfolio standards. This role supports sound credit decisions, operational efficiency, and a high-quality customer experience, and serves as a resource to branch personnel on consumer lending programs and processes.

Responsibilities

• Underwrite and process consumer loans, ensuring complete documentation, regulatory compliance, and adherence to portfolio and wholesale guidelines.
• Review borrower credit, income, assets, collateral, pricing, and product eligibility to support sound credit decisions within assigned authority.
• Coordinate third-party reports and vendor activity, including title, flood, appraisal, and insurance requirements, to support timely loan closing.
• Prepare and review closing documents to ensure accuracy, completeness, and compliance.
• Maintain current knowledge of lending programs, underwriting standards, policies, procedures, and systems.
• Partner across departments and provide guidance to branch personnel to support service excellence and consistent loan quality.
• Perform other related duties as assigned.

Qualifications & Requirements

• High school diploma or equivalent required; associate degree in accounting, finance, real estate, or a related field preferred.
• Strong analytical, problem-solving, and decision-making skills.
• Sound judgment in credit and collateral evaluation.
• Ability to manage multiple priorities independently in a deadline-driven environment.
• High degree of initiative, accountability, and commitment to continuous learning.

Role Levels

• Junior Consumer Loan Underwriter: Provides underwriting support and analytical assistance to the Consumer Credit department with approval authority up to $50,000; typically requires two years of related experience or equivalent internal experience.
• Consumer Loan Underwriter: Independently underwrites, processes, and closes consumer and wholesale loans with approval authority up to $250,000; typically requires two years of underwriting experience.
• Senior Consumer Loan Underwriter: Serves as a senior underwriting resource, providing mentorship and advanced credit expertise with approval authority up to $500,000; typically requires five years of underwriting experience and is able to perform all the duties in the Consumer Credit Department.

Physical Requirements

• Ability to operate standard office equipment.
• Ability to communicate effectively in person and remotely (telephone, video conference, written communication, etc.).
• Ability to work a combination of sitting and standing throughout the day.
• Reasonable accommodation may be available to enable qualified individuals with disabilities to perform the essential functions of the position.

Pay & Incentives

• Pay range: $22.67 - $38.55 per hour
• Typical hiring range: $22.67 - $26.02 per hour
• Incentive plan: Partnership Incentive plan Tier 2
  • Paid out quarterly with a 7.5% target payout

Compensation & Benefits

Employees will be eligible for a benefits package including:

• Medical, dental, and vision insurance
• Paid time off
• Retirement plans (401k with company match and Employee Stock Ownership Plan)
• Gym membership reimbursement
• Discounts on banking products

Location

Not specified in the provided job description.

Equal Opportunity

Qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Reasonable accommodation for applicants with disabilities is available upon request in the application process.