Indirect Underwriter

Description

Do you have a knack for problem-solving and excellent communication skills with car dealers in the Austin area? Do you have strong attention to detail skills to ensure that every transaction is done correctly? Are you willing to make sure the process is done correctly so that our community has the best experience getting their car loan?

Austin Telco is looking for an exceptional individual for an Indirect Underwriter position who is passionate about helping build a better future for the communities we serve and for themselves as career-oriented people. These individuals need to have strong values, a willingness to set goals and achieve them, and a desire to build themselves up and the community they call home.

Summary: Maintains day-to-day collections procedures. Collects and controls loan accounts in all phases of delinquency, adhering to procedures established by Austin Telco Federal Credit Union.

Compensation:

The range is between $45,000 - $65,000.

Benefits include paid holidays, a 401(k) and defined benefit (pension) plan, a business casual dress code, medical, dental, and vision insurance, long—and short-term disability insurance, paid vacation and sick leave, and more!

Location:

Balcones HQ - 11149 Research Blvd, Austin, TX, 78759.

Schedule:

Applicants for this position will work 5 days a week, 40 hours a week, and they must be available to work Monday through Saturday from 10:00 a.m. to 6:30 p.m.

Applicants must be available to work in person Monday through Friday. When scheduled to work on Saturdays, this is Work-From-Home. When scheduled to work a Saturday shift, you will have 1 full day off during the week. 

Essential Duties and Responsibilities: 

• Must possess the ability to understand and implement the lending guidelines to maintain an acceptable credit risk. Loans submitted through indirect must comply with ATFCU’s lending criteria and SOP’s, as well as State requirements; therefore, Underwriter must maintain working knowledge of all State and Federal guidelines, as well as ATFCU’s internal policies. 
• The Indirect Underwriter will be directly responsible for responding to dealers in a timely manner on all loan applications and requesting the contracts are submitted to ATFCU for all approved loan requests. 
• Will work directly with the dealer on any contracts issues that fall outside of original approval. Position requires diplomacy and tact in working directly with dealers. 
• Indirect Underwriter will provide additional assistance in obtaining any outstanding chargeback, dealer reserve, and lien perfection on indirect accounts. 
• Indirect Underwriter will call on dealers to assist in building strong dealer relationships. Indirect Underwriter will provide assistance on calculating chargebacks and dealer reserves to ensure compliance. 
• Indirect Underwriter is also responsible for maintaining a charge-off portfolio of less than 1%. 
• Position will require feedback to management from the dealers, to allow management the opportunity to adjust the indirect lending program.
• Responsible for compliance of all Federal and State rules and regulations pertaining but not limited to Bank Secrecy Act, Anti-Money Laundering, Bank Bribery Act, NCUA Privacy Regulations, Reg B, Reg Z, Service Members Civil Relief, and FCRA/FACTA. Required to attend initial and ongoing annual Bank Secrecy Act training.

Requirements

Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience:

• A high school degree or equivalent is required, and a college degree or business-related education is preferred. 
• 1-3 years underwriting/lending experience; previous indirect lending experience preferred.
• Must possess good verbal and written communication skills. 
• Advanced Excel knowledge is preferred. Must have advanced computer proficiency. 
• Requires sales or customer service background; Knowledge of the credit union operations is a plus. 
• Must have analytical skills and be goal-oriented. 

Good credit standing is also required and will be verified during the pre-employment stage. Once a contingent job offer is made, a criminal background check and drug screening will be completed.

Austin Telco Federal Credit Union is a member owned,