Consumer Loan Underwriter - Military veterans preferred

Burke & Herbert Bank & Trust

JOB DESCRIPTION

Summary/Objective

Must render sound, comprehensive credit decisions on consumer loan applications consisting of HELOCs, auto loans and other secured or unsecured consumer requests. Must work to ensure timely and accurate loan closings.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Validate and collect all data necessary to review the loan application.
2. Analyze loan application, credit report, income documentation, appraisal, title work, and other information necessary to render a sound credit decision within internal guidelines.
3. Verify information in Loan Origination System
4. Verify information software decision engine.
5. Document approval, declination, or counteroffer to the loan file and loan system.
6. Present alternatives to submitted loan application based on knowledge of loan products and bank guidelines.
7. Perform manual underwriting, as needed; calculating debt ratios, loan to value ratios and other required guideline measurements.
8. Follow up and clear conditions necessary to close loan.
9. Provide verbal and written support to the branch managers and consumer lenders as requested.
10. Establish and meet service levels for turn time and document review and clearing.

Other Duties

1. Complies with all policies and procedures as applied to the Bank's BSA/AML policy.
2. Perform other duties as assigned.

Skills/Abilities

1. Ability to communicate and work well with internal partners
2. Must have the ability to document and analyze credit information necessary to underwrite a consumer loan application
3. Must have knowledge of lending compliance requirements
4. Must be extremely detailed oriented to ensure accuracy of data supporting loan files
5. Data integrity must never be compromised
6. Ability to assist in resolving interpretation differences between loan officers, processors, borrowers, Burke & Herbert Bank partners and sources of business

Supervisory Responsibility

This position has no supervisory responsibilities.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Travel

Travel may be required for this position.

Education and Experience

1. A total of five years of banking/financial experience including at least two years in underwriting and/or consumer lending.
2. College degree preferred.

Equal Employment Opportunity/M/F/disability/protected veteran status

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

This employer is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

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