This job has expired, please see additional jobs below
Underwriter
Prosperity Bancshares
Lubbock, TX, United States
Job Details - this job has expired, please see similar jobs below
Hours: Monday - Friday 8:00 am to 5:00 pm
Prosperity Bank is seeking to fill the position of CCU Underwriter III at our Lubbock, Ave Q location.
The primary role of the CCU Underwriter III position is to review and underwrite consumer purpose loans by the following: Identifies, analyzes, and evaluates loan risks and compensating factors; Approves, suspends, or denies loan applications; Defines the limits of eligibility and problem solves to provide customers with alternative solutions and Ensures that loans are approved within the terms of the Bank’s standards and procedures, regulatory underwriting guideline.
The essential functions and basic job duties of the CCU Underwriter III are:
1. Assumes responsibility for accurately evaluating the credit worthiness of potential borrowers.
• Evaluates the adequacy of the applicant’s income and probability that the customer will be able to meet expected financial obligations.
• Reviews borrower’s credit reports. Reviews the manner which obligations have been met and financial affairs managed.
• Completes all underwriting functions in accordance with various program requirements. Understands Bank’s loan policy and identify exceptions and non-compliance with loan while performing credit underwriting.
• Stays informed regarding bank loan policy, changes in lending standards and related legal requirements.
• High level of confidentiality required.
• Frequently monitors “queue” pending loans.
• Ensures that the Central Credit Underwriting maintains an acceptable if not exceptional service level.
2. Assumes responsibility for establishing and maintaining effective communication and coordination with Bank personnel and with management.
• Assists and supports Bank personnel as needed. Answers questions of loan personnel regarding policies and procedures.
• Attends and participates in meetings and committees as required.
• Keeps Central Credit Underwriting Manager informed of area activities and of any significant problems.
• Completes required reports and records.
• Reports technical problems to appropriate personnel for investigation and to prevent reoccurrence of problems.
3. Assumes responsibility for related duties as required or assigned.
• Maintains and updates knowledge of underwriting requirements and policies.
• Stays informed of modifications and updates in software applications.
• Completes special projects as assigned.
• Keeps work area clean, secure, and well maintained.
• Provides suggestions for improvements in underwriting policies and procedures.
A full description of duties available upon hiring.
Prosperity Bank is committed to providing our customers a personalized service experience, we're looking for people who are passionate about satisfying customers, will not settle for the average, embrace creativity and operate with a sense of purpose. If this is you, then we are looking forward to meeting you and are excited that you are interested in joining Prosperity Bank - where we are Simply Better!
Come join our team and explore the endless possibilities that a career in banking can provide!
A pre-employment credit check will be performed on all qualified applicants.
*Prosperity Bank is an Equal Employment Opportunity and Affirmative Action employer, and Member FDIC.*
Required Skills:
Excellent communication skills.
Sound credit judgment.
Good organizational skills and attentive to detail.
Able to operate required computer applications, typewriter, 10-key, and other basic business machines.
Required Experience:
Education/Certification:
Associate degree in business or a related field, or an equivalent combination of training and work experience.
Required Knowledge:
Strong knowledge of credit reports and determination of credit worthiness while maximizing productivity and minimizing credit risk.
Strong knowledge of Texas Homestead and Home Equity LAW.
Experienced in Title Commitment and Lien Search review.
Working knowledge of consumer loan and collateral documentation.
Working knowledge of regulatory requirements.
High level of confidentiality required.
Experience Required:
5 years experience credit underwriting, loan review or related experience.
Prior experience needed in a financial environment.