Auto Loan Underwriter

TEKsystems
$25.00 - $29.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, Colorado, Centennial
Jan 02, 2025
Description * Develop relationship with credit union representatives to negotiate acceptable terms of loan between credit union and dealership. * Communicate effectively with dealers and credit union partners regularly to build rapport. * Review loan applications and rendering decisions within underwriting criteria and approval limits. * Gather and review all necessary underwriting information to determine the degree of risk involved with an application, including credit bureaus, DTI, LTV, PTI, dealer risk and decision the application accordingly. * Apply decisions in multiple loan origination systems. Adequately document decision to explain rationale. * Evaluate second look requests based upon lending and exception guidelines (where applicable.) * Follow up on approved applications to maximize funding ratio. * Follow up with members and dealers to collect missing items, stipulations, or other misc. documentation. * Accurately document and track results of outbound and inbound calls. * Responsible for sending completed loan packages to appropriate credit unions for final funding. * Increase overall capture % in select markets. * Monitor dealer productivity and assist dealers to increase look to book ratios. * Contributes to operational and departmental goals that such as turnaround times and loan volume. * Support Operations Department such as processing and funding applications, compliance, call center, and special projects. * Mentor and assist Credit Analyst I's when necessary. Qualifications MUST HAVES: * Be able to work 12pm - 9pm MST shift including weekends * Know how to break down credit bureaus * Experienced in income calculation * Make a decision on credit approvals * Has knowledge of loan to value ratio * Minimum of 2 years of true Indirect UW experience and decision making authority * Must have experience with L360 or Cuddle, Ideal, Keystone Correlation, and/or LBQ /Meridian Link Education: * High school diploma or equivalency required. * Associate or bachelor's degree preferred. Pay and Benefits The pay range for this position is $25.00 - $29.00 Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: * Medical, dental & vision * Critical Illness, Accident, and Hospital * 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available * Life Insurance (Voluntary Life & AD&D for the employee and dependents) * Short and long-term disability * Health Spending Account (HSA) * Transportation benefits * Employee Assistance Program * Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a fully remote position. Application Deadline This position will be accepting applications until Jan 8, 2025. About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.