Immediate need for a talented Consumer Lending Underwriter. This is a 12+ Months contract opportunity with long-term potential and is Phoenix, AZ (Onsite). Please review the job description below and contact me ASAP if you are interested.
Job Diva ID: 26-04451
Pay Range: $24 - $29/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:
- Read and analyze Credit Bureau Reports with the ability to assess risk and use critical thinking skills to determine appropriate loan decisions
- Review and understand the full application package
- Utilizes established procedures and guidelines to validate credit, income, and other relevant information to underwrite credit card and consumer loans of moderate risk within a defined limit of authority and to ensure compliance with all regulatory requirements.
- Ensures loan agreements are complete, accurate, and in compliance with policy.
- Researches, develops, and documents a detailed synopsis of the application files to ensure decision clarity while providing feedback and serving as a resource to peers and business partners.
- May provide insight on projects relating to process and system enhancements.
- Maintains proficient understanding of all aspects of Consumer Lending and Credit Card portfolio and underwriting guidelines.
- Utilizes prior relevant underwriting experience to make lending decisions with an advanced level of authority.
- Manages a high volume of credit card and consumer loans due to a higher level of decisioning authority.
- 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.
- Completes loan decisions that most effectively mitigate credit risks for our clients.
- Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
Key Requirements and Technology Experience:
- Must have skills: - "Underwriting”, " Consumer loan or real estate lending or home loan or credit cards", “Credit reports”.
- 4 years of consumer lending and/or real estate lending experience with at least 2 years of consumer lending and/or real estate underwriting experience.
- Proficient knowledge of consumer loan processes, data analysis tools, and industry acumen.
- Successful completion of a job-related assessment and certification to obtain lending authority is required upon completion of training.
- 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.
- They should have experience with assessing risk on high-dollar loans, including secured and unsecured products, and have experience with reviewing for exceptions.
Our client is a leading Banking and Financial 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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