Job responsibility
- Analyze financial data related to loan requests.
- Evaluate loan documents are to insure accuracy and completeness.
- Perform risk assessments on potential loan recipients based on credit rating, borrowing history, and other specific risk factors.
- Record loan denials and specific basis for declining application.
- Monitor and report noncompliance with loan covenants.
- Maintain client relationships and provide superior customer service.
- Assist with technical underwriting issues and questions.
- Review loan documentation and vendor reports to identify signs of fraudulent activity.
- Develop and implement underwriting policies and procedures.
Skills required
- Applied knowledge of underwriting fundamentals and standard industry practices
- Understanding of basic financial principles and processes
- Knowledge of federal, state, and local regulatory requirements
- Ability to maintain confidentiality
- Strong analytical skills and attention to detail
- Excellent communication and negotiation skills
- Ability to multitask and work under pressure to meet strict deadlines