Direct Consumer Underwriter I

Direct Consumer Underwriter I
Location
US-MS-Pearl
Job ID
2024-17734
Category
Underwriting
Type
Regular Full-Time
Job Grade
10
FLSA Status
Exempt
Working Hours
8am - 5pm
Job Location: Company
Consumer Loan Center - 10121
Overview

The purpose of this job is to review and evaluate consumer loan applications in a centralized underwriting environment and render approval or denial decisions based upon bank policy, underwriting guidelines, and related state and federal regulations.

Responsibilities

Approve, decline, or conditionally approve consumer loan applications and provide supporting documentation
• Perform analysis of each credit transaction by reviewing the credit score, ability to repay, collateral, structure, personal liquidity, and other relevant factors
• Prepare loan recommendations for the HMDA Retail Second Review Committee
• Ensure compliance with all Bank regulatory requirements
• Interact with Loan Officers to gather the information necessary to analyze each loan application
• Perform additional duties as assigned.

Qualifications

• Four-year college education OR High School Diploma with two years of direct consumer underwriting experience
• Basic knowledge of consumer credit analysis with work experience in consumer lending
• Basic knowledge of bank lending policies and related regulatory requirements
• Basic knowledge of credit scoring principles and principles of finance
• General knowledge of loan documentation and lien perfection requirements
• Communication skills
• Basic Computer skills
• Interpersonal skills
• Working knowledge of Action Underwriting System preferred
• Basic knowledge of Trustmark Consumer Credit products preferred
• Working knowledge of Microsoft Office applications preferrred