RCC Equity Underwriter III

RCC Equity Underwriter III

Requirements

• College degree in Business or Finance or equivalent work experience.
• Minimum 5 years Consumer Lending or related industry experience.
• Knowledge and understanding of basic financial analysis techniques.
• Strong interpersonal, written and verbal communication skills.
• Ability to make high quality decisions and execute in a time sensitive manner.
• Ability to handle multiple tasks and meet deadlines in fast paced environment.
• Ability to interact with Vice President level managers; build consensus; and motivate others.
• Strong analytical and organizational skills.

Responsibilities

• Analyze consumer credit reports for Consumer Lending real estate applications to evaluate risk and make appropriate credit decision for Direct Lending across multiple states, markets or geographic regions.
• Maintain an in depth knowledge of the continual enhancements and changes to the Fifth Third Consumer Lending policy and procedures in order to ensure consistent treatment of all real estate applications.
• Ability to analyze complex loan requests including cash flow analyst of business and personal tax returns.
• Coach, develop, and support other underwriters.
• Analyze quality and audit results. Identify and implement practices that improve overall efficiency and quality of individual’s performance and overall process.
• Manage application pipeline to meet business objectives and stated Service Level Agreements.
• Responsible for ensuring completeness and accuracy of real estate credit application.
• Responsible for ensuring HMDA purpose codes are accurate before rendering a final decision.
• Evaluate customer provided credit documents to support credit decision, including calculation of income, personal financial statement reviews, trust reviews, etc.
• Place orders for bank obtained credit documents in accordance with real estate policy guidelines, and partners with retail and borrower to clear condition with regards to Property Reports, Appraisals, and Flood Certifications.
• Formulate and communicates credit decision (approve, decline or counteroffer) in compliance with established underwriting guidelines, compliance and regulatory requirements.
• Provide technical support for underwriters related to direct loan systems as well as perform UAT for system changes.
• Actively participate in ongoing efforts to continually improve customer experience for internal and external customers.
• Demonstrate a complete and thorough understanding of the credit exception process. Lead and train other underwriter to identify opportunities with applications and understand the relevant compensating factors.
• Partner with the Mortgage Line of Business to underwrite simultaneous first and second lien real estate loan requests.
• Assist in resolving policy and procedure related escalations.
• Develop business relationships and build rapport with internal customers across multiple states to achieve mutual goals.
• Host side by side visits for bank employees to both gain an understanding of our processes and to help build interest in our department and identify possible candidates for filling future needs.
• Demonstrate the ability to be a team player by providing superior customer service, being flexible and approachable.

Preferred Qualifications

No preferred qualifications provided.