Home Equity Underwriter

At Citizens, we’re more than a bank. As part of our team, you’re made ready for a fulfilling career with exciting new challenges and opportunities to stretch yourself. As the Home Equity Underwriter II, you will be responsible for rendering quality credit decisions on complicated new HELOC applications, using your data analysis, problem-solving skills, and knowledge of the Consumer Lending credit policy and regulatory guidelines. You are responsible for reviewing all required documentation deemed necessary to determine the credit decision is valid and in line with underwriting policies. You will demonstrate sound judgment and communication skills while making decisions to mitigate risk for Citizens. Most importantly, you’ll feel valued for who you are and supported to achieve what’s important to you, personally and professionally!
Primary responsibilities include

- Analyze and appropriately decision Home Equity Line of Credit applications in accordance with the Consumer Lending credit policy and regulatory guidelines (including the Fair Credit Reporting Act and Equal Credit Opportunity Act).

- Ensure material information captured in the application is accurate and updated as needed based on the documentation provided.

- Demonstrate sound judgment in the analysis of required documentation while mitigating organization risk through appropriate decision making.

- Meet or exceed productivity levels and credit quality standards, as established.

- Analyze and interpret POI documents, including complicated personal and business tax returns/K1's, in order to determine verifiable income in an effort to verify a customer’s ability to repay the loan. Clearly document files with the methodology used to calculate the income.

- Analyze all applications for counteroffer opportunities when the original terms requested do not qualify.

Qualifications, Education, Certifications and/or Other Professional Credentials

- 2 years Mortgage, Home Equity lending, Home Equity processing or junior underwriting  experience preferred.

- Demonstrated knowledge of equity lending policies, procedures, and products, as well as knowledge of secondary market guidelines.

- Must be organized, detail-oriented and have excellent interpersonal, communication and computer skills.

- Experience with automated systems.

- Proficiency with the system is essential. Attendance in office during normal business hours (at minimum) may be required in order to effectively coordinate with multiple departments, projects and outside entities.

- Ability to work well with retail sales and loan officers.

- Demonstrated ability to analyze and evaluate complex income calculations.

- Desire to work in a fast-paced production environment

Hours & Work Schedule

- Hours per Week: 40

- Work Schedule: Monday- Friday - 4 days in Johnston, RI