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HELOC Underwriter

Company: University of Hawaii FCU
Location: Honolulu
Posted on: June 24, 2022

Job Description:

DO YOU WANT TO MAKE A DIFFERENCE?Join a spirited, dynamic team with Hawai`is leading credit union as we make a difference in our community providing financial value, exceptional service, and state-of-the-art convenience to our members.
Position Title: HELOC Underwriter Department: Central Lending FLSA Classification: Non-ExemptReports to: Central Lending ManagerPay Based on Experience: Starting at $40,000 Annual Employee BenefitsIn addition to competitive pay, we are proud to offer a comprehensive benefits package.

  • Paid Employee Medical And Dental Insurance; UHFCU pays 100% Of The Base Employee Coverage
  • Medical and Dental Plan Premium Waiver Option
  • Eleven (11) Company Paid Federal Holidays Plus Four (4) Company Paid Personal Holidays
  • Eligible to Earn Ten (10) Days Paid Vacation; Increases With Years Of Service
  • Paid Sick Leave
  • 401(k) Retirement With Employer Match And Profit Sharing
  • Employee Loan Discount
  • UHFCU Subsidizes 50% For Monthly Bus Pass
  • Flexible Spending Accounts: Healthcare and Dependent Care (Pre-Tax Benefit)
  • Credit Union-Paid Benefits Such As Group Term Life With AD&D Insurance, Long Term Disability Insurance And Long Term Care Insurance
  • Employee Assistance Program (EAP)
  • Internal and External Professional Development Opportunities
  • And Many More!
    Position Purpose:This position supports the Central Lending Manager by ensuring loans are processed quickly and equitable credit decisions are made for home equity loans and consumer loans. Additionally, ensures loans are in compliance with applicable federal, state, NCUA and credit unions rules and regulations. Essential Functions:
    • Reviews, processes, and decisions all home equity loan applications per credit union policy and procedure(s), including but not limited to: home equity lines of credit, home equity loans, and green loans.
    • Reviews processes and decisions all consumer loan applications per credit union policy and procedure(s), including but not limited to: personal loans and personal line of credits, new and used auto loans, and Visa applications.
    • Reviews and processes consumer, and home equity loan applications received through in-branch, online, and indirect channels.
    • Reviews all supporting loan documentation to ensure that they meet underwriting guidelines.
    • Approves consumer and home equity loan application within assigned approval limits.
    • Coaches, teaches, trains support personnel within the Central Lending department on the intricacies of loan underwriting.
    • Works with third parties (escrow officers, realtors, and mortgage servicers, etc.).
    • Processes subordination requests to credit union policy and procedures.
    • Reviews and stays abreast of regulations as it pertains to all loans.
    • Forwards all approved loan applications to branch staff for closing.
    • Supports Member Service Representatives with loan information needed to assist members, loan documents, and obtaining all necessary information and forms to complete documentation accurately.
    • Processes paperwork to properly book a loan securing all collateral, sending documents for recordation, setting up automatic payments, following up and executing automobile liens, follows up on dealer letters of guarantee.
    • Complies with all requirements of the credit unions Customer Identification Program.
    • Identifies all cross-sell opportunities and actively sells credit union products and services through daily face-to-face and telephone contact to existing membership and potential members.
    • Performs other duties as needed.
    • This is not a remote position. Performance Standards:
      • Provides excellent member service (internally & externally).
      • Achieves underwriting and loan production volumes as determined annually.
      • Keeps up to date on credit union policies, procedures and services.
      • Loans are processed accurately and underwritten to credit union policies and procedures.
      • Executed documents are accurate and in compliance with all lending policies.
      • Assists in monitoring department goals.
      • Maintain good relationship with all outside vendors, to include Auto Finance Managers, realtors, and escrow and title companies.
        Qualifications:Education/Certification: High school diploma or GED required. Must be registered with the Nationwide Mortgage Licensing System.Required Knowledge: Basic understanding of MS Office Suite is required.Knowledge of lending regulations.Basic knowledge in processing/underwriting loans.Experience Required: Four years of experience in lending with an understanding of underwriting home equity loans.Minimum of two years experience underwriting and processing first mortgage loans. One-year supervisory experience preferred.Skills/Abilities: Excellent verbal and written communication skills.Good member service skills, ability to work with a team.Excellent analytical, creative, and problem-solving skills.
        Activities and Requirements of this Position:Repetitive Motion: Movements frequently and regularly required using wrists, hands, and/or fingers.Communication Skills: Must frequently convey detailed or important instructions of ideas accurately or quickly.Visual Abilities: Average visual acuity necessary to prepare to inspect documents or products.Hearing: Able to hear average or normal conversations and receive information.Physical Strength: Sedentary work (sitting most of the time). Able to lift and carry up to 25 lbs.Reasoning Ability: Able to apply common sense understanding to carry-out detailed instructions and to deal with problems involving variables.Mathematics Ability: Able to perform basic math skills including adding, subtracting, multiplying and dividing using a calculator.Language Ability: Able to write complex sentences using normal word order with present and past tenses, as well as a command of the English vocabulary. Working Conditions:Air-conditioned, smoke-free office setting. Attendance Requirements:Please note that scheduled attendance requirements may change due to business needs.Business Hours:Monday through Saturday. Business hours are subject to change. Must be able to work additional hours, weekends, and holidays as needed.

        Job Industries
        • Customer Service

Keywords: University of Hawaii FCU, Honolulu , HELOC Underwriter, Accounting, Auditing , Honolulu, Hawaii

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