Loan Underwriter I

Our goal is to be an Employer of Choice, and it takes all of us to achieve this. That's why all Commonwealth Credit Union team members are expected to live our Team 1 culture in all facets of their position. This includes our commitment to Diversity, Equity, Inclusion, Accessibility, and Belonging. At Commonwealth Credit union, we are united in our Common Purpose to Better Lives through OUR PASSION to Serve. This includes everyone, from our team members to the people in the communities we serve. That’s the emphasis of our Team 1 Culture. Together Everyone Achieves More. We believe We Better Lives when we cultivate diversity, promote equity, foster inclusion, are intentional about accessibility, and provide an environment where everyone feels like they belong. That’s an Extraordinary Experience. That’s Bettering Lives. That’s Team 1. Our Loan Underwriters specialize in consumer lending risk analysis. They analyze information received from credit applications and credit reporting agencies to make prudent credit decisions. They adhere to all CCU practices, policies and procedures. This role requires the ability to be decisive in a fast-paced, highly motivated environment. The duties and responsibilities of a Loan Underwriter I include, but are not limited to: • Reviewing credit application information to determine risk for bankruptcy or non-payment by applying knowledge of standard underwriting procedures and risk analysis. • Approving, denying, or referring the loan for further review. • Structuring credit application, when applicable, to ensure the payment amount, loan amount, term, and other items yield the best result for the member. • Detailing stipulations of loan approval or counter and information that supports the loan decision or referral of the loan application to someone with higher underwriting guidelines. • Maintaining an appropriate level of profitability, delinquency, charge-off, and repossessions in line with CCU goals. • Suggesting process improvements when applicable. Some Saturday hours required. Potential for remote work. Apply Job!