Job description
Overview:
The purpose of this job is to review and evaluate consumer loan applications in a centralized underwriting environment and render approval or denial decisions based upon bank policy, underwriting guidelines, and related state and federal regulations.
Responsibilities:
- Approve, decline, or conditionally approve consumer loan applications and provide supporting documentation
- Perform analysis of each credit transaction by reviewing the credit score, ability to repay, collateral, structure, personal liquidity, and other relevant factors
- Prepare loan recommendations for the HMDA Retail Second Review Committee
- Ensure compliance with all Bank regulatory requirements
- Interact with Loan Officers to gather the information necessary to analyze each loan application
- Perform additional duties as assigned.
- Four-year college education OR High School Diploma with two years of direct consumer underwriting experience
- Basic knowledge of consumer credit analysis with work experience in consumer lending
- Basic knowledge of bank lending policies and related regulatory requirements
- Basic knowledge of credit scoring principles and principles of finance
- General knowledge of loan documentation and lien perfection requirements
- Communication skills
- Basic Computer skills
- Interpersonal skills
- Working knowledge of Action Underwriting System
- Basic knowledge of Trustmark Consumer Credit products
- Working knowledge of Microsoft Office applications
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