Job Description
Full job description
External Applicants: Please apply through Prosperity Bank's Career Center at https://www.prosperitybankusa.com/Careers . Applying through any other source may prevent Prosperity from receiving your application.
Internal Applicants: If you are a current associate of Prosperity Bank, please apply through the internal Talent - Career Center in ADP.
Responsible for reviewing and underwriting loans. Working knowledge of Home Equity and Home Improvement loans helpful. Knowledge of consumer loan documentation helpful. Identifies, analyzes, and evaluates loan risks and compensating factors. Approves, suspends, or denies loan applications. An efficient ability to define the limits of eligibility and problem solve to provide customers with alternative solutions. Ensures that loans are approved within the terms of the Bank’s standards and procedures, regulatory underwriting guidelines. As needed assists Central Credit Underwriting loan personnel.
ESSENTIAL FUNCTIONS AND BASIC DUTIES
Assumes responsibility for accurately evaluating the credit worthiness of potential borrowers.
Evaluates the adequacy of the applicant’s income and probability that the customer will be able to meet expected financial obligations.
Reviews borrower’s credit reports. Reviews the manner which obligations have been met and financial affairs managed.
Completes all underwriting functions in accordance with various program requirements. Understands Bank’s loan policy and identify exceptions and non-compliance with loan while performing credit underwriting.
Stays informed regarding bank loan policy, changes in lending standards and related legal requirements.
High level of confidentiality required.
Frequently monitors "queue" pending loans.
Ensures that the Central Credit Underwriting maintains an acceptable if not exceptional service level.
Assumes responsibility for establishing and maintaining effective communication and coordination with Bank personnel and with management.
Assists and supports Bank personnel as needed. Answers questions of loan personnel regarding policies and procedures.
Attends and participates in meetings and committees as required.
Keeps Central Credit Underwriting Manager informed of area activities and of any significant problems.
Completes required reports and records.
Reports technical problems to appropriate personnel for investigation and to prevent re occurrence of problems.
Assumes responsibility for related duties as required or assigned.
Maintains and updates knowledge of underwriting requirements and policies.
Stays informed of modifications and updates in software applications.
Completes special projects as assigned.
Keeps work area clean, secure, and well maintained.
Provides suggestions for improvements in underwriting policies and procedures.
Skills/Abilities:
Excellent communication skills.
Sound credit judgment.
Good organizational skills and attentive to detail.
Able to operate required computer applications, typewriter, 10-key, and other basic business machines.
Education/Certification:
Associates degree in business or a related field, or an equivalent combination of training and work experience.
Required Knowledge:
Strong knowledge of credit reports and determination of credit worthiness while maximizing productivity and minimizing credit risk.
Properly review third party credit and collateral data.
High level of confidentiality required.
Experience Required:
1-3 years' experience credit underwriting, loan review or related experience.
Monday - Friday: 8 AM - 5 PM
40 hours
External Applicants: Please apply through Prosperity Bank's Career Center at https://www.prosperitybankusa.com/Careers . Applying through any other source may prevent Prosperity from receiving your application.
Internal Applicants: If you are a current associate of Prosperity Bank, please apply through the internal Talent - Career Center in ADP.
Responsible for reviewing and underwriting loans. Working knowledge of Home Equity and Home Improvement loans helpful. Knowledge of consumer loan documentation helpful. Identifies, analyzes, and evaluates loan risks and compensating factors. Approves, suspends, or denies loan applications. An efficient ability to define the limits of eligibility and problem solve to provide customers with alternative solutions. Ensures that loans are approved within the terms of the Bank’s standards and procedures, regulatory underwriting guidelines. As needed assists Central Credit Underwriting loan personnel.
ESSENTIAL FUNCTIONS AND BASIC DUTIES
Assumes responsibility for accurately evaluating the credit worthiness of potential borrowers.
Evaluates the adequacy of the applicant’s income and probability that the customer will be able to meet expected financial obligations.
Reviews borrower’s credit reports. Reviews the manner which obligations have been met and financial affairs managed.
Completes all underwriting functions in accordance with various program requirements. Understands Bank’s loan policy and identify exceptions and non-compliance with loan while performing credit underwriting.
Stays informed regarding bank loan policy, changes in lending standards and related legal requirements.
High level of confidentiality required.
Frequently monitors "queue" pending loans.
Ensures that the Central Credit Underwriting maintains an acceptable if not exceptional service level.
Assumes responsibility for establishing and maintaining effective communication and coordination with Bank personnel and with management.
Assists and supports Bank personnel as needed. Answers questions of loan personnel regarding policies and procedures.
Attends and participates in meetings and committees as required.
Keeps Central Credit Underwriting Manager informed of area activities and of any significant problems.
Completes required reports and records.
Reports technical problems to appropriate personnel for investigation and to prevent re occurrence of problems.
Assumes responsibility for related duties as required or assigned.
Maintains and updates knowledge of underwriting requirements and policies.
Stays informed of modifications and updates in software applications.
Completes special projects as assigned.
Keeps work area clean, secure, and well maintained.
Provides suggestions for improvements in underwriting policies and procedures.
Skills/Abilities:
Excellent communication skills.
Sound credit judgment.
Good organizational skills and attentive to detail.
Able to operate required computer applications, typewriter, 10-key, and other basic business machines.
Education/Certification:
Associates degree in business or a related field, or an equivalent combination of training and work experience.
Required Knowledge:
Strong knowledge of credit reports and determination of credit worthiness while maximizing productivity and minimizing credit risk.
Properly review third party credit and collateral data.
High level of confidentiality required.
Experience Required:
1-3 years' experience credit underwriting, loan review or related experience.
Monday - Friday: 8 AM - 5 PM
40 hours
💡 Quick Summary
Seeking a career-building opportunity? The Consumer Underwriter I (Full Time) position is now open for candidates interested in the Bank Jobs sector. This role in Lubbock offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.