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Title

Consumer Loan Underwriter - Hybrid Remote 

Description

Tropical FCU (TFCU) is a Sun-Sentinel Top Workplace four years in a row.  Being part of the Consumer Lending Team and TFCU overall will provide you with opportunities to engage by learning, growing, contributing, collaborating, and developing professionally. Join us for a great employee experience focused on engaging employees and members alike.

Reports to: Consumer Lending Manager

FLSA Status: Non-Exempt

Summary: Individuals in the job are responsible for assisting Tropical Financial Credit Union in the achievement of its purpose of guiding members successfully through the financial marketplace. Additionally, this position is responsible for evaluating and making decisions on consumer loan applications. Decisions must support loan growth and cross-selling goals while simultaneously maintaining loan quality. All decisions must be made within Credit Union policy and comply with Financial and state regulations.

Essential Duties and Responsibilities include the following:

  • Provide service that meets the Service Standards defined by Tropical Financial Credit Union as measured by the Internal Service Survey; annual goals are established through the Performance Management Process.
  • Analyzes consumer loan applications and makes underwriting decisions. Obtains information necessary to make credit decisions. Makes decisions on all loans up to $100,000 and makes recommendations on all others. Makes counter-offers when appropriate. Communicate decisions to Consumer Lending Consultants within service standard time frames.
  • Responsible for maintaining loan quality in the consumer portfolio. Exercises prudent judgment in following underwriting guidelines. Thoroughly documents all underwriting exceptions. Ensures LOS (Loan Operating System) complies with Credit Union policies and government regulations.
  • Knowledge of Consumer regulatory requirements Truth-In-Lending, Equal Credit Opportunity Act, and Fair Credit Reporting Act, OFAC, the Patriots Act, etc.
  • Supports the Credit Union’s loan growth strategy. Identifies sales opportunities for additional loans when reviewing applications.
  • Coach and train lending employees on how to review loan information such as credit reports, tax returns, pay stubs, loan ratios, and collateral information which is necessary to determine creditworthiness.
  • Responsible for Process Improvement by looking for ways to provide leadership with suggestions on how to improve the Member Experience.
  • Become actively engaged in looking and providing insights on ways to improve or enhance the AUS (Automatic Underwriting System) scoring tools.

BSA Compliance: every employee is required to uphold the credit union’s compliance with the Bank Secrecy Act and anti-money laundering policies and procedures. Specific functions within TFCU will take into consideration the awareness of unusual or suspicious activity that is relevant to the department.

In addition to any other assigned training courses, online BSA and OFAC courses must be completed at least annually, as made available by the Training and/or Compliance Departments.

We offer Excellent Benefits such as:

  • Medical, Rx,  Dental, and Vision Insurance
  • Retirement Profit Sharing 401K Plan
  • Accident, Cancer and Hospital Indemnity Plan
  • Prepaid Legal
  • Voluntary Life Insurance
  • Pet Discount Program
  • Paid Time Off/ 11 Paid Holidays
  • Tuition Reimbursement/Student Loan Paydown Program
  • And so much more!
 
Position Requirements

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

  • Minimum 2 years experience evaluating consumer loan applications and making underwriting decisions.
  • High school diploma or general education (GED).
  • Ability to exercise lending authority of $100,000 secured, $20,000 unsecured, real estate $50,000, and Member Business Loans $50,000.
  • Working knowledge of lending compliance and legal issues.
  • Must be able to communicate via oral, verbal and electronic.
  • Must have experience with credit scoring “risk-based lending” systems.

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. While performing the duties of this job, the employee is regularly required to talk or hear. The employee is frequently required to stand, walk, sit and use hands to handle or touch. The employee is occasionally required to reach with hands and arms. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to focus. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 
Full-Time/Part-Time Full-Time  
Exempt/Non-Exempt Non-Exempt  
Location Miramar - Headquarters  
About the Organization Tropical is a not-for-profit, member-owned and member operated financial cooperative, serving South Florida since 1935. We operate a fun, and family-oriented work environment where every employee has the opportunity to learn and grow in their career and move up within the organization. It's an organization that values your contributions and rewards you for your performance. TFCU has proven to be an organization that is dedicated not only to TFCU's success, but the success of its employees and the financial success of our members.  
EOE Statement We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.  

This position is currently not accepting applications.

To search for an open position, please go to http://TropicalFinancialCreditUnion.appone.com



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