Job Posting for Underwriter- Indirect at Farmers Logo 2022
SUMMARY: This position will work with indirect consumer loan packages to determine credit worthiness and suitability for approval. This position will routinely handle confidential documents and conduct a thorough financial analysis of appropriate client information.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Review and underwrite indirect consumer loan applications in a consistent and timely manner
Perform in-depth analysis of individual and corporate tax returns, appraisals and credit reports
Properly prepare adverse action letters in a timely manner
Explain alternatives for restructuring credit if a restructure will benefit the applicants and provide counsel to Finance Mangers on credit related issues within the submitted loan application
Request missing loan documents from dealers
Communicate and interpret in a clear and concise manner any insufficient or inadequate data not properly documented or received, to the Indirect Loan Manager or other lending officer
Determine alternate documentation that can be used in lieu of standard requirements using sound judgment and prior knowledge/experience
Maintain positive business relationship with auto dealers, internal and external customers
Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money Laundering procedures. Maintain compliance with all appropriate rules and regulations
Regular, predictable attendance is an essential requirement of this position
Assist Indirect Loan Funding Clerk reviewing and funding all indirect loans using bank guidelines
Complete other duties as assigned
EDUCATION and/or EXPERIENCE:
Bachelor’s Degree in finance or accounting (or equivalent work experience)
Minimum of 3 years of lending experience; auto industry experience preferred
Proven customer service skills, direct contact and via phone
Strong knowledge of Word, Excel, Internet navigation/research, and Outlook is expected
Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran
Salary.com Estimation for Underwriter- Indirect in Canfield, OH
$62,226 to $81,665
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