Consumer Loan Underwriter

Is it surprising to hear that a financial institution of 1.5 million members and over $30 billion in managed assets say that success comes from focusing on people, not profits?

Our “people helping people” philosophy has guided us since 1935, driving our deep commitment to serving our members, communities, and each other. When you join our team, you become part of a purpose-driven organization where your work makes a real difference.

While we’re proud of our history, we’re even more excited about our future. With business and technology transformation on the horizon, there’s never been a better time to be part of BECU.

PAY RANGE

The Target Pay Range for this position is $31.11-$37.88 hourly. The full Pay Range is $24.14-$44.90 hourly. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role. hourly. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role.

BENEFITS

Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage.  Employees have access to disability and AD&D insurance.  We also offer health care and dependent care flexible spending accounts, as well as health savings accounts, to eligible employees.  Employees are able to enroll in our company’s 401k plan and employer-funded retirement plan.  Newly hired employees accrue 6.16 hours of paid time off (PTO) on a per pay period basis based on hours worked (up to a maximum of 160 PTO hours per year) and receive ten paid holidays throughout the calendar year. Additional details regarding BECU Benefits can be found here.

IMPACT YOU’LL MAKE:

As a Consumer Loan Underwriter at BECU, you’ll play a vital role in helping members achieve their financial goals by ensuring fair, transparent, and accurate loan decisions. Your expertise in consumer lending will empower members while supporting BECU’s commitment to financial health. You’ll collaborate across teams and channels, including indirect dealers, to make informed lending decisions that balance member needs with sound underwriting principles.

WHAT YOU’LL DO:

Champion Loan Underwriting: Analyze, evaluate, and underwrite loans within your designated lending authority, ensuring compliance with BECU’s lending policies, underwriting guidelines, and procedures.

Apply Expert Knowledge: Stay current on BECU loan policies, real estate lending practices, and both state and federal regulations to make sound loan decisions.

Make Informed Decisions: Approve, counteroffer, or deny loans and credit lines while clearly communicating loan decisions and providing alternatives when appropriate.

Deliver Prompt Service: Ensure loan applications receive timely and efficient processing, offering clear explanations of decisions and credit criteria when needed.

Collaborate with Dealerships: Partner with dealerships through the Indirect Lending Channel to purchase loans within service standards while resolving issues with professionalism and courtesy.

Support Member Needs: Assess members’ financial situations and recommend loan restructuring options, ensuring applications are complete and all relevant details are considered.

Conduct Credit Analysis: Evaluate credit reports, tax returns, and cash flow statements to support accurate lending decisions.

Advocate for Resolution: Act as a point of contact for member and dealer issues within your lending authority, ensuring resolutions are timely and thorough.

Lead Process Improvements: Identify workflow enhancements and suggest process improvements to increase efficiency and service quality.

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