Immediate need for a talented Junior Consumer Lending Underwriter. This is a 12-month contract opportunity with long-term potential and is Phoenix, AZ (Remote). Please review the job description below and contact me ASAP if you are interested.
Job Diva ID: 26-04847
Pay Range: $20 - $26/hour. Employee benefits include, but are not limited to, health insurance (medical, dental, vision), 401(k) plan, and paid sick leave (depending on work location).
Key Responsibilities:
- Utilizes established procedures and guidelines to validate credit, income, and other relevant information to underwrite lower risk credit card and consumer loans within a lower defined limit of authority and to ensure compliance with all regulatory requirements.
- Reviews member-provided documents for accuracy and alignment with company and industry standards.
- Documents loan decisions and required provisions necessary to complete the loan and communicates the decision.
- Maintains developing knowledge of all aspects of Consumer Lending and Credit Card portfolio and underwriting guidelines.
- Ensures loan agreements are complete, accurate, and in compliance with policy.
- Completes loan decisions that most effectively mitigate credit risks for the client.
- Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
- It is extremely important that the candidates have experience with assessing risk based on application information, credit bureau information, and the client's Membership Profile.
- They will need critical thinking skills and the ability to determine the level of risk and make a decision accordingly, without it being spelled out within processes and/or procedures.
Key Requirements and Technology Experience:
- Must have skills: - "Underwriting , " Consumer loan or real estate lending or home loan or credit cards", Credit reports
- 2 years of consumer lending and/or real estate lending experience with an understanding of underwriting.
- Knowledge of consumer loan and credit card processes, data analysis tools, and underwriting guidelines.
- Successful completion of a job-related assessment and certification to obtain lending authority is required upon completion of training.
- Ability to analyze Credit Bureau Reports to assess risk and make informed loan decisions.
- Ability to use established procedures and guidelines to validate creditworthiness, income, and other relevant data.
- Ability to assess risk and determine appropriate loan decisions.
- Experience with Loan Origination System (LOS).
Our client is a leading Banking, Financial Services, and Insurance Industry and we are currently interviewing to fill this and other similar contract positions. If you are interested in this position, please apply online for immediate consideration.
Pyramid Consulting, Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
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