Credit Risk Underwriter East Providence, Rhode Island at Banco Santander

Expires in 13 days


Credit Risk Underwriter-1707831

Description [POSITION SUMMARY] Works within the Underwriting unit, using efficient and consistent traditional judgmental credit analysis to make decisions on a high volume of business while minimizing the risk to the Bank and providing service to internal and external customers. Responsible for the review and approval/denial of loan applications in conformity with regulatory and / or governmental guidelines. In addition must underwrite loans to Santander Bank underwriting guidelines. [POSITION DUTIES] Keeps abreast of all industry changes, taking tests, attending online meetings and Underwriting conference calls; reviews industry bulletins and memos.,Reviews and approves/denies exception requests on loans up to Underwriters approved limits. For denied loans, completes Underwriting disposition form, reasons for denial and 2nd review of denied loans.,Reviews outstanding conditions on loans for acceptance including the review and approval of the appraisal for the subject property.,Works with Credit Administration staff to ensure proper documentation and booking of decisioned credits.,Works with account execs/processors/ closers from sales and operations staff on underwriting issues providing assistance with product inquiries and lending scenarios which may be complex. Works with Bank partners to effectively resolve appeals.,Effectively communicates with appropriate personnel on all approved, counter offered and declined applications ensuring their ability to properly explain the decision to our mutual customers.,Underwrites loans in conformance with regulatory and/or governmental defined parameters. Prepares Underwriting Approval forms including listing of all conditions for approved loans

Qualifications [QUALIFICATION] Bachelors degree or equivalent experience. [EXPERIENCE] Between 2 - 5 years

Job

:Std UW & Risk Analysis

Primary Location

:Rhode Island-East Providence

Schedule

:Full-time

Job Posting

:Oct 11, 2017, 8:12:38 PM
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