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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 I
The primary role of the CCU Underwriter I position is to review and underwrite consumer purpose loans. The Underwriter I responsibilities will be to identify, analyze, and evaluate loan risks and compensating factors. Also approve, suspend, or deny 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 I 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.
• Maintains a high level of confidentiality.
• Monitors for new loans and continued follow up on pending loans to ensure regulatory compliance.
• Demonstrates an exceptional service level.
• Assists Department Manager in developing and meeting short and long-term goals.
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 Consumer 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.
High level of confidentiality required.
Experience Required:
1-3 years experience credit underwriting, loan review or related experience.