ALEC
SUMMARY: Directs the activities and performs daily management of the Underwriting and Collections team. Manages lending risk consistent with organization philosophy.
ESSENTIAL FUNCTIONS:
Maintains satisfactory asset quality of loan portfolio
Reviews loan applications to analyze for credit quality and program acceptance.
Approves mortgage and consumer loan requests
Organizes and monitors loan files to ensure timely processing
Oversees post-closing audit functions including reports and account maintenance
Assists in product development and vendor procurement
Interfaces/corresponds directly with credit union business partners
Manages automated underwriting systems
Monitors and adheres to mortgage loan investor requirements
Manages collection function for all loan types
Confirms and approves mortgage wires
Assist with administration of loan origination systems (Meridian Link)
Manages indirect loan participation relationship
Prepares weekly/monthly/quarterly management reports
Ensures loan compliance at State and Federal level
Other duties as may be assigned
QUALIFICATIONS:
Education Required: High School Diploma or equivalent (GED)
Education Preferred: Bachelor’s degree in Business Administration or related field
Experience Required: Three (3) years of mortgage or consumer underwriting experience and three (3) years of prior management experience
Experience Preferred: Three (3) years of mortgage and consumer loan underwriting and management experience, with one (1) year being in a financial institution
SUPERVISORY RESPONSIBILITIES:
Responsible for overseeing employees’ performance, identifying development areas, addressing employee relations issues and providing direction, support, training and regular coaching.
Responsible for communicating organizational needs and updates
Supervises: Senior Underwriter, Member Solutions Specialist
TRAVEL: Occasional local and national travel may be required to attend peer networking groups, training and conferences
The base pay for this position is $68,161.85 to $113,603.08 per year. In specific locations, the pay range may vary from the range posted. Click here to learn more about ALEC and our benefits.