Direct Consumer Underwriter I/II

The purpose of this job is to review and evaluate consumer loan applications in a centralized underwriting environment and render approval or denial decisions based upon bank policy, underwriting guidelines, and related state and federal regulations.

• Approve, decline, or conditionally approve consumer loan applications and provide supporting documentation
• Perform analysis of each credit transaction by reviewing the credit score, ability to repay, collateral, structure, personal liquidity, and other relevant factors
• Prepare loan recommendations for the HMDA Retail Second Review Committee
• Ensure compliance with all Bank regulatory requirements
• Interact with Loan Officers to gather the information necessary to analyze each loan application
• Perform additional duties as assigned.

• Four-year college education or equivalent work experience OR High School Diploma with two years of direct consumer underwriting experience
• Basic knowledge of consumer credit analysis with work experience in consumer lending
• Basic knowledge of bank lending policies and related regulatory requirements
• Basic knowledge of credit scoring principles and principles of finance
• General knowledge of loan documentation and lien perfection requirements
• Communication skills
• Basic Computer skills
• Interpersonal skills
• Working knowledge of Action Underwriting System preferred
• Advanced knowledge of Trustmark Consumer Credit products preferred
• Proficiency with Microsoft Office applications preferred

Additional Qualifications for Level II:

• Four-year college education or equivalent work experience OR High School Diploma with four years direct underwriting experience
• Advanced knowledge of consumer credit analysis with work experience in consumer lending
• Advanced knowledge of bank lending policies and related regulatory requirements
• Advanced knowledge of credit scoring principles and principles of finance
• Basic knowledge of loan documentation and lien perfection requirements

Physical Requirements/Working Conditions:  Must be able to sit for long periods of time and use computer keyboard and/or mouse, while viewing computer screens.

Note: This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete, or modify any of these responsibilities at any time during employment.