Assumes responsibility for the management of the Consumer Credit Underwriting Department including the efficient and effective operation of the consumer loan origination and credit function. Has overall responsibility for the underwriting and origination of general consumer and consumer real estate loan and the delivery of documents of general consumer loans. Manages a group of senior and junior level underwriters in a centralized environment. Provides assistance to the retail and private banking divisions in the development of consumer and consumer real estate loan products. Significant contributor to development of credit policy and assists with the implementation and support of the online channel for applications and decisioning.
Assumes responsibility for the efficient and effective operation of consumer credit function by:
Establishing operating and compliance policies and procedures for the consumer loan origination and credit underwriting function
Maintaining and updating the bank’s Consumer Loan Policy
Insuring proper implementation and compliance with these policies and procedures
Making recommendations for personnel regarding employment, performance ratings, salary changes, promotions, transfers, and terminations
Monitoring and reviewing consumer loan approvals and denials in support of the bank’s Fair Lending initiatives
Managing the loan origination system by working closely with the Information Technology department to ensure that all updates are properly implemented and tested, by making recommendations for changes in system parameters, and by assisting in the design and development of required management reports
Serves as a senior consumer lender, underwriting larger or more complex transactions; also underwrites routine credits as volume dictates
Serves as the credit scoring manager by requesting information from the credit bureaus on the applicable credit bureau scores, reviewing that information, and recommending any changes in the bank’s use of the credit bureau score
Chairs the Consumer Credit Policy Committee and is responsible for scheduling regular meetings, preparing the agendas, and compiling the necessary reports
Responsible for insuring compliance with appropriate laws and regulations. Works with the bank’s compliance officer on making necessary procedural changes to comply with new or revised laws and/or regulations. Communicates regulatory changes to the staff and coordinates the necessary training
Assists product and/or sales managers in the retail and private banking divisions in the development of consumer loan products, providing input on underwriting standards
Serves as a liaison to other departments and branches on aspects of consumer loan origination and underwriting
Responsible for insuring prompt “turnaround” time on credit decisions and timely and accurate delivery of general consumer loan documents
Responsible for overseeing communications with customers regarding additional information and/or credit decisions
Works with the training department in the development of training materials on consumer loan origination, underwriting, and closing
Participates in various meetings and on various committees
Monitors overrides, policy exceptions, etc. to insure operation within established guidelines. Reviews reports generated through various sources to identify opportunities for improved productivity, profitability, and expense control
Trains and coaches staff in the development of underwriting and other related skills
Register and maintain registry as a Mortgage Loan Officer (MLO) with the Nationwide Mortgage Licensing System (NMLS) and Registry and in accordance with the Secure and Fair Enforcement for Mortgage Licensing Act (the S.A.F.E. Act)
Assumes additional duties and responsibilities as requested
Competencies and Skills:
Excellent and demonstrated personal computer skills including the use of spreadsheets, word processing, e-mail, and bank core applications
Experience with a credit scoring system
Forward thinking, transformational in approach to providing an outstanding client experience
Experience in providing underwriting support to high income, high net worth professionals
Work Experience Requirements:
10 years consumer lending experience
System management/administration experience with a consumer loan origination/scoring system
Strong knowledge of applicable lending related regulations and compliance
Superior decision making and organizational skills with effective and professional communication skills
Professional work ethic, self-starter, innovative
5 years supervisory experience that includes writing performance appraisals, making salary recommendations, and performing coaching and counseling
Experience with home equity lending in the State of Texas (preferred)
4 year college degree or equivalent professional training and certification
4 year college degree in Finance, Accounting, or Business Administration (Preferred)
Mortgage Loan Origination Eligibility as a Mortgage Loan Officer (MLO) with the Nationwide Mortgage Licensing System (NMLS) and Registry and in accordance with the Secure and Fair Enforcement for Mortgage Licensing Act (the S.A.F.E. Act)
This job description is not designed to be a comprehensive listing of duties, responsibilities, or activities that are required for this job. Duties, responsibilities, and activities may change at any time with or without notice.
Broadway Bank is proud to be an Equal Opportunity and Affirmative Action Employer. Broadway Bank is a drug-free and tobacco-free workplace, with a nicotine-free hiring policy.All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic data or other legally protected status.
Additional Salary Information: Annual Bonus
About Broadway Bank
Broadway Bank is a multi-billion dollar financial services organization with locations throughout south central Texas. Founded in 1941, Broadway has evolved from a small neighborhood bank into the largest independently-owned bank headquartered in San Antonio. The bank specializes in business banking, private banking, and wealth management. Broadway Bank is a proud member of the FDIC.
Mission Statement: To deliver the best banking experience--resulting in lasting relationships.
Vision: To always be a financially strong, independent, family-owned bank.
At Broadway Bank, we provide opportunities for employees to achieve career growth and reap rewards from their own high performance--creating a positive work environment.
BACK TO TOP
RMA Career Center is Just One of the Benefits.
Discover what else RMA has to offer!
The job you are trying to reach from was originally posted at RMA Career Center.