Junior Underwriter

Job Description

Junior Underwriter

When you join the Members 1st team, you become part of something much bigger than a credit union. You become part of our faM1ly—a tight-knit bunch with big dreams and even bigger values. It is an exciting time for us as we continue to grow, and we hope that you will choose to grow along with us. Wanting the absolute best for our associates means more than just competitive pay. It means fantastic healthcare, paid benefits, opportunities for professional advancement and work-life balance – and best of all, a place where you are accepted and respected for your individuality.

About Members 1st

At Members 1st, we look for individuals who will show up as their whole self because we value diversity, inclusion, and belonging, as well as people who believe in the philosophy of, WE > me. If there is one concept, we want you to understand about us, it is this: WE. It is a simple little word but means everything here. We think as one. One faM1ly. One community. One place where everyone belongs. Everything we do is in the best interest of all of us.

Our Mission: WE serve our members, associates, and communities through support, empowerment, and meaningful relationships.
Our Vision: WE are growing our faM1ly by delivering everything they need to live well financially, through all life’s moments and milestones.
Our Values:

• WE deliver unparalleled experiences through a culture of WE.
• WE > me.
• WE are servant leaders – at work and in the communities we serve.
• WE are financially safe and sound stewards of members’ dollars.
• WE are faM1ly.

Join a company that grows with you – personally and professionally.

Position Summary

The Junior Underwriter plays a critical role in assessing the creditworthiness of commercial loan applications. This position involves utilizing multiple data sources to assign risk ratings, perform financial analysis, and, in some cases, approve loans, all while ensuring adherence to internal guidelines, regulatory requirements, and established timeframes.

Key Responsibilities

• Use multiple sources of information, including credit scores, financial statements, collateral appraisals, and cash flow analysis, to assign risk ratings to loans.
• Complete comprehensive analysis of varying applicant’s financial status, and in some situations, provide approval for loans.
• Collect, review, and analyze moderate data to prepare detailed credit analyses that evaluate the terms and creditworthiness of commercial loan applications.
• Make recommendations and decisions within established internal guidelines, regulatory requirements, and set timeframes.
• Assure efficient operation and adherence to security, audit, and control procedures.
• Perform additional responsibilities and duties as required.

Skills & Competencies

• Excellent communication and interpersonal skills.
• Strong attention to detail and accuracy.
• Ability to prioritize multiple tasks and complete them on a timely basis.
• Preferred: Knowledge of loan products, banking, and the analysis and reporting of financial data.
• Familiarity with PCs and applicable software.
• Effective knowledge (as a competency).
• Accountability and self-management.
• Teamwork and leadership.
• Communication.
• Innovation and problem-solving.

Qualifications

• Experience: 0-1 years of related experience.
• Education Level: General and business knowledge equivalent to a bachelor’s degree.
• Driver’s License: Not required for this position.

Working Conditions & Physical Demands

• Ability to communicate effectively in English, both orally and in writing.
• Visually able to perform activities such as preparing and analyzing data and figures, viewing a computer terminal, and extensive reading.
• Ability to sit for extended time periods.
• Sufficient manual skill for operation of PC keyboard and other standard office equipment.
• Ability to travel, including occasional overnight travel.
• Ability to exert minimum amounts of force occasionally to lift, carry, push, pull or move objects.

Compensation Overview

We are excited to offer a competitive salary for this position. The figure below serves as the entry point in our salary range, and there is potential for the actual salary to be higher based on a variety of factors, such as your experience, skills, education, and location. We believe in recognizing and rewarding talent, so our compensation packages are thoughtfully designed to reflect the unique qualifications and contributions of each candidate.

The Minimum Salary For This Position Is: $22.59+/hr

In addition to competitive pay, Members 1st offers fantastic healthcare, paid benefits, opportunities for professional advancement, and work-life balance.

Equal Opportunity Employer

Members 1st provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.