Analyst, Underwriter Consumer Finance
If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
Underwrite and assess credit quality of consumer loans, including home equity lines and loans, personal loans, check protections and subordination requests. Collaborate with processor team to ensure a clear understanding of required underwriting guideline conditions to ensure a quality customer experience. Communicate with other internal partners during the lending life cycle.
Key responsibilities:
• Review and analyze entire loan application, credit report, income, and asset documentation, title verification, and fraud review.
• Efficiently manage pipeline of loans, including follow up to ensure a time lending decision.
• Review loan applications for counteroffers and escalate underwriter exceptions when warranted.
• Monitor compliance with state and federal regulatory requirements.
• Ensure accuracy of HMDA data for reporting.
• Review and decision subordination requests in accordance with the underwriting guidelines.
Skills/experience qualifications:
• High school diploma/GED required, bachelor's degree in a related field preferred.
• 2-3 years of experience in consumer loan underwriting.
• Knowledge of consumer and/or conventional mortgage writing conventions.
• Understanding of loan origination process.
• PC skills to include Microsoft Word and Excel.
The estimated salary range for this position is $27.00 to $33.00 USD an hour. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.
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Webster Financial Corporation and its subsidiaries ("Webster") are equal opportunity employers that are committed to sustaining an inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.
