Consumer Loan Underwriter

IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects it's dedication to the growth and success of it's employees, customers and communities. IBC bank hires talented, creative and dedicated individuals to help our business succeed. We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence. We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience.
Time Type:
Full time
Department:
405 Consumer Lending
Job Summary:
The Consumer Loan Underwriter is responsible for reviewing, assessing, and analyzing all aspects of a Consumer Loan application. This individual evaluates the risks of offering loans in order to approve/decline credit extension in addition to minimizing risk/loss.
Job Description:
ESSENTIAL JOB FUNCTIONS
The statements on this job description are intended to describe the general nature and level of work being performed by incumbents. They are not an exhaustive list of all responsibilities, duties, and skills required by all incumbents.

• Evaluate and make independent decisions on credit, income, assets and risk to determine the income or probability of repayment for loan requests.
• Communicate the decisions (approvals/denials) of all credit applications to their appropriate parties.
• Provide loan support to all loan officers when necessary.
• Verify customer documentation for accuracy, completion, and adherence to policies and procedures.
• Establish documentation requirements on all approved applications that meet standards set by internal/external guidelines.
• Understand and comply with applicable Federal and State laws, banking regulations, and company policies and procedures.
• Prepare reports detailing risk assessment findings and other data that contribute to lending decisions.
• Perform other related duties as assigned.

EDUCATION AND SKILLS REQUIREMENTS

• Four-year degree or relevant experience.
• Excellent verbal and written communication skills required.
• Proficiency with Microsoft Word, Excel and Outlook required.
• Bilingual in English and Spanish preferred.
• Superior organizational and time management skills.