Job Description
Job Description
SUMMARY : Directs the activities and performs daily management of the Underwriting and Collections team. Manages lending risk consistent with organization philosophy.
ESSENTIAL FUNCTIONS :
- Maintains satisfactory asset quality of loan portfolio
- Reviews loan applications to analyze for credit quality and program acceptance.
- Approves mortgage and consumer loan requests
- Organizes and monitors loan files to ensure timely processing
- Oversees post-closing audit functions including reports and account maintenance
- Assists in product development and vendor procurement
- Interfaces / corresponds directly with credit union business partners
- Manages automated underwriting systems
- Monitors and adheres to mortgage loan investor requirements
- Manages collection function for all loan types
- Confirms and approves mortgage wires
- Assist with administration of loan origination systems (Meridian Link)
- Manages indirect loan participation relationship
- Prepares weekly / monthly / quarterly management reports
- Ensures loan compliance at State and Federal level
- Other duties as may be assigned
QUALIFICATIONS :
Education Required : High School Diploma or equivalent (GEDEducation Preferred : Bachelor’s degree in Business Administration or related fieldExperience Required : Three (3) years of mortgage and consumer underwriting experience and three (3) years of prior management experienceExperience Preferred : Three (3) years of mortgage and consumer loan underwriting and management experience, with one (1) year being in a financial institutionSUPERVISORY RESPONSIBILITIES :
Responsible for overseeing employees’ performance, identifying development areas, addressing employee relations issues and providing direction, support, training and regular coaching.Responsible for communicating organizational needs and updatesSupervises : Senior Underwriter, Member Solutions SpecialistTRAVEL : Occasional local and national travel may be required to attend peer networking groups, training and conferences
The base pay for this position is $68,161.85 to $113,603.08 per year. In specific locations, the pay range may vary from the range posted. Click here to learn more about ALEC and our benefits.