Consumer Loan Underwriter I at Maine State Credit Union

Farmingdale, Maine, United States -

Full Time

Start Date

Immediate

Expiry Date

19 Mar, 26

Salary

0.0

Posted On

19 Dec, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Consumer Loan Underwriting, Creditworthiness Assessment, Risk Assessment, Loan Processing Systems, Financial Software Applications, Analytical Skills, Communication Skills, State Regulations, Federal Regulations, Microsoft Office Suite, Excel, Networking, Documentation, Loan Decisioning, Customer Service, Financial Needs

Industry

Financial Services

Description

Job Details Job Location: Farmingdale, ME 04344 Position Type: Full Time The Consumer Loan Underwriter I is responsible for evaluating and approving consumer loan applications. This role involves assessing creditworthiness, ensuring compliance with lending policies, and providing exceptional service to members by facilitating their financial needs through sound lending decisions. *PLEASE NOTE: THIS IS AN ON-SITE, IN-PERSON POSITION. CANDIDATE MUST RESIDE IN STATE OF MAINE, POSSIBLE HYBRID OPPORTUNITY ONCE FULLY TRAINED* Qualifications Serve as the primary contact for dealerships and members with indirect loan needs Complete and respond to employee, member, and dealer loan decisioning and funding requests with varying degrees of complexity Maintain accurate records of loan decisions and ensure all documentation is complete and up to date Provide recommendations for loan approvals, denials, or alternative solutions to meet members' financial needs Individuals will go on dealership visits to engage in networking and support for our indirect partners Required Experience - Minimum of 1-2 years of experience in consumer loan underwriting or a related financial services role - Experience in evaluating creditworthiness and risk assessment for loan applicants - Familiarity with loan processing systems and financial software applications - Strong analytical skills to assess financial information and make informed decisions- Excellent communication skills for interacting with clients and team members. - Knowledge of state and federal regulations related to consumer lending. - Proficiency in Microsoft Office Suite, particularly Excel, for data analysis and reporting. Benefits of Employment with Maine State Credit Union: In addition to our world-class culture, a fun and supportive work environment and opportunities to learn and grow, our employees appreciate the work-life harmony they are able to achieve as part of our team. We are also proud of the benefits we offer: Employer-subsidized medical insurance plans, includes one plan with employer paid premiums of 97% HSA – generous employer contribution Employer funded HRA Employer-subsidized Dental and Vision Insurance 100% employer paid - Life, Short-Term Disability and Long-Term Disability Insurance Accident Insurance Competitive wages, and annual evaluations with compensation adjustments Generous 401(k) employer match, plus annual discretionary contribution Generous PTO with immediate PTO accruals + 8 hrs of birthday PTO & 12 paid holidays Paid Parental Leave Education reimbursement - up to $5,000 annually for undergraduate Opportunities to volunteer in our local communities 100% Employer Paid EAP which includes 6 free mental health sessions Wellness Reimbursement of up to $150 Free coffee, tea, and hot chocolate and an abundance of food

Responsibilities

The Consumer Loan Underwriter I evaluates and approves consumer loan applications, assessing creditworthiness and ensuring compliance with lending policies. This role also involves providing exceptional service to members and maintaining accurate records of loan decisions.