Underwriter III

Space Coast Credit Union (SCCU), the 3rd largest credit union in Florida, is looking for a Full Time Underwriter III to join our ONESCCU team in either our Baytree Headquarters or Miramar Operations Center! SCCU has been in business for over 70 years, has over 9 billion dollars in assets and WE ARE GROWING!

Our Members are our top priority and we stand behind our Brand Promise: Honest People, Trusted Products, Time Valued. We offer a rich benefits package and career advancement opportunities.

SCCU Team Member Benefits:

• ONESCCU annual bonus available
• Work From Home Hybrid schedule available- Work from home up to 3 days a week!
• Medical, Dental & Vision Insurance
• HSA (Health Savings Account) with SCCU matching contribution
• SCCU Paid Long Term and Short Term Disability coverage
• SCCU Paid Term Life Insurance
• Employee Assistance Program (EAP)
• Paid Time Off
• 401(K) Pre-Tax Savings Plan with SCCU match- 100% of the first 5% of employee contributions
• Tuition Reimbursement Program

SCCU Team Member financial discounts & perks (save money every month!):

• Loan Discounts- Mortgage, 2nd Mortgage, Auto, Motorcycle, Boat etc. / GAP coverage at half price
• Fixed low rate credit card- 5.99%, if approved
• FREE Identify Theft Protection!
• No fee SCCU accounts

Salary Range:

$34.47 - $36.72 pr/hr depending on experience

Responsibilities:

• Analyzes loan applications, credit bureau reports, collateral evaluation, member account data, financial statements, tax returns and other loan documentation in order to make consistent, sound lending decisions on consumer, home equity and smaller member business loans.
• Communicates directly with loan originators, processors, and closers on loan decisions in order to mitigate the risk associated with the application. Clearly explains reasons for stipulating or denying the loan request.
• Effectively educates internal staff on program guidelines through regular verbal and written communication.
• Maintains higher credit authority and decisions larger or more complicated loans.
• Maintains loan approval portfolio delinquency and charge-off ratios within established standards.
• Meets or exceeds the loan production standards established for reviewing loans that fall into the mortgage underwriting review queue.
• Maintains an acceptable level of quality as determined by established loan error standards.
• Reviews, evaluates and properly documents decisions on loan applications within the established decision response standards
• Provides exceptional quality service to members and other employees within SCCU based on pre-set services standards.
• Resolves member problems and, as requested, reevaluates mortgage loans previously denied in order to deliver exceptional service to SCCU members.
• Keeps current with knowledge of SCCU lending updates, criteria, guidelines, procedures, policies, and processes in order to make sound lending decisions.
• Uses automated underwriting tools effectively and are able to trouble-shoot systems or data issues.
• Assists with underwriting other Consumer Loan products as needed.

Requirements:

Education and Training:

• A two year college degree or specialized course study or equivalent experience required.

Prior Experience:

• 5 to 8 years prior experience in mortgage underwriting with full approval/denial authority including a minimum of
• 2 years underwriting FNMA/DU mortgage loans, jumbo loans, and portfolio loans is required. Construction loan, VA, and FHA loan experience is also a plus but not required.

Schedule:

• Full Time during department hours of operation
• Monday- Friday 8:00am- 7:00pm.