Consumer Underwriter I

First Merchants Bank
vision insurance, parental leave, paid holidays, sick time, tuition reimbursement, 401(k)
United States, Indiana, Lafayette
250 Main Street (Show on map)
Nov 14, 2024
Description First Merchants Bank is seeking a Consumer Underwriter I to join our team! This position will provide underwriting for direct and indirect, auto, home equity and miscellaneously secured and unsecured consumer loans. Essential Duties and Responsibilities: Evaluate the underwriting components such as loan to value, credit score, debt to income, payment history with bank and employment and properly mitigate policy or other exceptions when adjudicating a loan. Provide application system guidance to retail bankers and retail branches; advise on application, status, issues, loan structure and informational requests for application decision; ensuring adherence to all internal and regulatory compliance standards Analyze and document customer information including tax returns, pay stubs, financial statements and credit histories. Review collateral information to ensure proper loan to value and lien status. Information includes vehicle titles, real estate appraisals and real estate title work. Ensure accurate and timely adjudication to meet service level standards. Establish and maintain strong working relationships with retail bankers. Work with retail bankers to resolve problems and answer questions regarding loans. In order to be successful in this role, we require the following: High school diploma or equivalent (GED). A minimum of two (2) years of loan underwriting, lending or related experience. First Merchants offers the following: Base Pay PLUS Bonuses Medical, Dental and Vision Insurance 401k Health Savings and Flexible Spending Accounts Vacation/Sick Time Paid Holidays Paid Parental Leave Tuition Reimbursement Additional Benefits A little about us: First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations. Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy. Our Vision is: To enhance the financial wellness of the diverse communities we serve. Our Mission is: To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders. Our Team: "We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging." Apply today to begin your career with us! Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)