Please reference the schedule and minimum qualifications listed below before applying.
If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at 801-366-6947 option 1 or email macurecruiting@macu.com and every reasonable effort will be made to accommodate your needs in a timely manner.
Job Summary
Underwrite Home Equity Lines and Mortgage refinancing requests in compliance with credit union policies and procedures and NCUA/CFPB regulations.
Job Description
ESSENTIAL DUTIES AND RESPONSIBILITIES
To be effective, an individual must be able to perform each job duty successfully.
Provides thorough understanding of MACU home equity line and mortgage refinance lending processes, procedures and guidelines and the proper application of such
Verifies income, employment and Verification of Deposit, in accordance with CFPB “Ability to Repay” regulations and MACU guidelines.
Calculates income from personal and business tax returns in accordance with MACU guidelines and CFPB “Ability to Repay” regulations.
Understands and evaluates borrowers’ credit reports.
Provides analysis and decisioning of collateral title reports/issues, resolves title concerns and protect MACU interests by ensuring that any title risks have been appropriately mitigated.
Evaluates Automated Valuations, Desktop Appraisals and Full Residential Appraisals for accuracy and Working with borrowers’ insurance companies to ensure the proper home owners and flood insurances are accurate and in place, and that MACU is listed as lien holder.
Understands NCUA/CFPB TRID/Real Estate mandated disclosures and their proper distribution in accordance with rules and regulations, as well as the impacts these regulations have on loan decisioning, loan timing, loan closing, borrower access to funds, etc.
Completes knowledge and skills of and for the required software platforms needed to use and meet NCUA/CFPB regulations.
Provides strong knowledge of Fair Lending regulations and its application in decisioning, rates, underwriting, etc.
Resolves a range of complicated issues with a high degree of interpersonal skills when working with loan officers, borrowers, and closers. Interactions involve gaining the agreement of others that are often difficult or stressful in nature. Maintains confidentiality with others since information involves complex, detailed and often sensitive topics.
Ensures the underwriting quality of loans assigned.
Demonstrates strong analytical abilities in approving and denying home equity line and mortgage refinancing requests up to $250K when assigned, and in recommending approval and denial of requests up to $500K.
Develops and maintains quality time management and workflow skills to achieve peak turn times.
Builds and maintains a cooperative working relationship with branch managers, supervisors and FSRs
Resolves member loan problems and concerns.
Other duties as assigned.
KNOWLEDGE, SKILLS, and ABILITIES
The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
Experience
3 years of similar or related experience or equivalent
Education
Four-year college degree or equivalent.
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Licenses, Certificates, Registrations, Trainings
Must be able to qualify annually as a Mortgage Loan Originator under S.A.F.E Act Registration
Computer/Office Equipment Skills
Basic computer operating skills. Intermediate to advanced sills in Microsoft Office (Outlook, Word and Excel) Type a minimum of 35 words per minute preferred. Symitar knowledge and experience preferred.
Managerial Responsibility
No managerial responsibilities.
Interpersonal Skills
Courtesy, tact, and diplomacy are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.
Other Skills and Abilities
Knowledge of real estate lending, Credit Union policies/procedures, compliance, and lending regulations. Must have excellent customer service, leadership, communication, organizational and analysis skills.
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Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.
