Underwriter

Job description

An Underwriter is responsible for analysis, negotiation, and decisioning on loan requests submitted by multiple loan originating sources. The Underwriter is responsible for making prudent credit decisions within established approval guidelines, in compliance with all state and federal laws as well as OneMain policies and procedures. The ideal candidate will have experience or capability to analyze the credit factors affecting loan risk to the company, appraisals, and loan yields. Effective communication and collaboration with OneMain and external resources is necessary to recommend terms and conditions of loan decisions within established approval guidelines, leveraging risk versus reward to ensure credit quality and profitability. In the Role: Analyzes credit bureau reports evaluates stability, ability, willingness, and collateral/equity position of customer and makes decisions regarding the credit worthiness of customers within approved limits. Responsible for analyzing highly complex financial and credit information according to internal underwriting standards while complying with Fair and Responsible Lending Practices, identifying, and processing potential fraud. Meets producti...