Bank of the West Home Equity Underwriter II in Des Moines, Iowa
Home Equity Underwriter II
At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.
Job Description Summary
Responsible for providing quality and consistent underwriting for consumer direct loan applications and subordination requests of high complexity to ensure asset quality and profitability. Strives to achieve a balance of quality loan growth through sound credit practice, while maintaining service standards in a timely and professional manner. Provides high quality customer service including underwriting in a competitive timeframe. Serves as a consumer credit resource to the Retail Banking Group.
Essential Job Functions
Ensures sound lending decisions on consumer direct loan applications in accordance with the Bank's Loan Policies or within defined lending limits.
Maintains knowledge of all bank policies and compliance regulations as they relate to consumer direct Loan Officer's function.
Conducts credit investigations and analyzes all available credit information pertaining to loan decisions.
Ensures all information needed to appropriately make a loan decision is obtained. Analyzes and evaluates financial statements and related materials for repayment ability. Includes reviewing self-employed, corporate and partnership tax returns, profit and loss, as well as financial statement to determine borrower's income available for debt service.
Analyzes applications outside of Loan Officer's lending limits and routes to appropriate loan personnel for concurrent loan decision.
Provides assistance to create efficiencies and process flow improvements within the department.
Underwrites larger dollar requests for home equity loan/line products. Communicates lending decisions to appropriate business unit.
Other Job Duties
- Performs other duties as assigned.
Bachelor's Degree business administration, finance or accounting
High School Diploma or GED Required
Requires advanced knowledge within a specific discipline typically gained through extensive work experience and/or education.
Requires 7 years minimum Home Equity experience.
May require vocational or technical education in addition to prior work experience.
Thorough knowledge of consumer loan/line products, processing, servicing, and collections.
Thorough knowledge of consumer lending laws and regulations, direct lending practices and applicable consumer lending laws, and banking regulations.
Thorough knowledge of automated loan decision software preferred.
Thorough knowledge of Consumer/Commercial loan income analysis.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Location: United States-Arizona-General AZ
Other Locations: United States-Illinois-General IL, United States-Wisconsin-General WI, United States-Minnesota-General MN, United States-Missouri-General MO, United States-North Dakota-General ND, United States-Iowa-General IA, United States-Kansas-General KS, United States-Nevada-General NV, United States-Wyoming-General WY, United States-Washington-General WA, United States-Oklahoma-General OK, United States-New York-General NY, United States-Idaho-General ID, United States-Utah-General UT, United States-Colorado-General CO, United States-Georgia-General GA, United States-Ohio-General OH, United States-New Mexico-General NM, United States-South Dakota-General SD, United States-Texas-General TX, United States-Oregon-General OR, United States-California-General CA, United States-North Carolina-General NC, United States-Nebraska-General NE
Requisition ID: 053780