Underwriter
BrightStar Credit Union, Florida, NY, United States
About BrightStar:
As a member of BrightStar Credit Union, you'll join a dynamic, purpose-driven organization with a culture that focuses on its employees and members. We offer excellent benefits, advanced opportunities, and exceptional training. Founded in 1946 as a community-based credit union focusing on educators, we expanded to serve 23 counties across Florida. As a Trusted Advisor, BrightStar offers a diverse range of financial services and opportunities. BrightStar Credit Union is committed to creating a diverse and inclusive work environment where everyone has a chance to succeed and a sense of belonging. Our work environment is fun, fast-paced, and service-oriented.
What we offer
Medical, Dental, and Vision
401 (k) Plan with Matching
Tuition Reimbursement Program
Supplemental Benefits
Engagement Area
Wellness Studio & Gym
Company Paid Life Insurance
Health Savings Account with Company Contributions
About the Role The Underwriter plays a crucial role in our Consumer Lending Department by assessing the creditworthiness of loan applicants and deciding whether to approve or deny a variety of loans under the loan authority. Their work is instrumental in maintaining BrightStar's risk tolerance. Operating within the established strategy and delegated authority, this position is key to generating a profitable portfolio. In addition, the Underwriter contributes to our business growth through cross‑selling, offering an exciting opportunity to make a significant impact.
Job Responsibilities Risk evaluation
The Underwriter will evaluate submissions to determine the acceptability of risks according to the company guidelines and standards.
They are responsible for determining proper collateral, pricing, limits, and terms based on exposure.
Guideline adherence
Recommend procedural and policy changes that may enhance productivity or ensure quality loan approvals and workflow. Understand and follow the applicable underwriting guidelines, policies, and procedures to consistently adhere to industry regulations. Operate within the assigned letter of underwriting authority.
Communication
Assistance with external communication. They interact with internal and external members to gather information and clarify underwriting requirements.
Data analysis
Utilize analytical tools within the system to evaluate exposure. Escalation of loans as necessary.
Collaboration
Collaborate with other underwriters and team members for analysis of more complex transactions, including small business loans. May participate in departmental projects and perform other duties as needed.
Documentation
Ensure adherence to company policy and make informed decisions on loan approvals and declines. Responsible for documenting the underwriting process and decisions of assigned policies.
Cross-selling and Revenue Generation
Participate in team meetings and marketing activities as needed and make recommendations to help with process efficiencies, highlight trends, etc. Drive departmental goals for production levels and service delivery. Approve loans within parameters approved by the Board of Directors. Recommend loan exceptions as needed.
Experience Three to five years of similar or related experience. Knowledge of underwriting to include, but not limited to, vehicles, personal loans, recreational vehicles, credit cards, and small business lending. Knowledge of MeridianLink Systems preferred.
Education (1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.
Interpersonal Skills Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve greater confidentiality and discretion, requiring diplomacy and tact in communication.
Compliance
In addition to any other assigned training courses, online B.S.A. and O.F.A.C. courses must be completed at least annually, as made available by the Training and Compliance Department.
Maintains comprehensive knowledge of the Bank Secrecy Act, Customer Identification Program, U.S.A. Patriot Act, O.F.A.C., Fair Lending, and Credit Card Act.
Physical Requirements The physical demands described here represent those that an employee must meet to perform the essential functions of this job successfully. Reasonable accommodation may enable individuals with disabilities to perform essential functions. While performing the duties of this Job, the employee is regularly required to sit, use hands to finger, handle, or feel, and talk or hear. The employee is frequently required to walk and reach with hands and arms. The employee must occasionally stand, stoop, kneel, crouch, or crawl. The employee may occasionally lift and move up to 10 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.
Work Environment The work environmental characteristics described here represent those that employees encounter while performing the essential functions of this job. Reasonable accommodation may enable individuals with disabilities to perform essential functions.
BrightStar Credit Union is an Equal Opportunity Employer. BrightStar Credit Union is a Drug‑Free Workplace
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What we offer
Medical, Dental, and Vision
401 (k) Plan with Matching
Tuition Reimbursement Program
Supplemental Benefits
Engagement Area
Wellness Studio & Gym
Company Paid Life Insurance
Health Savings Account with Company Contributions
About the Role The Underwriter plays a crucial role in our Consumer Lending Department by assessing the creditworthiness of loan applicants and deciding whether to approve or deny a variety of loans under the loan authority. Their work is instrumental in maintaining BrightStar's risk tolerance. Operating within the established strategy and delegated authority, this position is key to generating a profitable portfolio. In addition, the Underwriter contributes to our business growth through cross‑selling, offering an exciting opportunity to make a significant impact.
Job Responsibilities Risk evaluation
The Underwriter will evaluate submissions to determine the acceptability of risks according to the company guidelines and standards.
They are responsible for determining proper collateral, pricing, limits, and terms based on exposure.
Guideline adherence
Recommend procedural and policy changes that may enhance productivity or ensure quality loan approvals and workflow. Understand and follow the applicable underwriting guidelines, policies, and procedures to consistently adhere to industry regulations. Operate within the assigned letter of underwriting authority.
Communication
Assistance with external communication. They interact with internal and external members to gather information and clarify underwriting requirements.
Data analysis
Utilize analytical tools within the system to evaluate exposure. Escalation of loans as necessary.
Collaboration
Collaborate with other underwriters and team members for analysis of more complex transactions, including small business loans. May participate in departmental projects and perform other duties as needed.
Documentation
Ensure adherence to company policy and make informed decisions on loan approvals and declines. Responsible for documenting the underwriting process and decisions of assigned policies.
Cross-selling and Revenue Generation
Participate in team meetings and marketing activities as needed and make recommendations to help with process efficiencies, highlight trends, etc. Drive departmental goals for production levels and service delivery. Approve loans within parameters approved by the Board of Directors. Recommend loan exceptions as needed.
Experience Three to five years of similar or related experience. Knowledge of underwriting to include, but not limited to, vehicles, personal loans, recreational vehicles, credit cards, and small business lending. Knowledge of MeridianLink Systems preferred.
Education (1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.
Interpersonal Skills Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation. Discussions involve greater confidentiality and discretion, requiring diplomacy and tact in communication.
Compliance
In addition to any other assigned training courses, online B.S.A. and O.F.A.C. courses must be completed at least annually, as made available by the Training and Compliance Department.
Maintains comprehensive knowledge of the Bank Secrecy Act, Customer Identification Program, U.S.A. Patriot Act, O.F.A.C., Fair Lending, and Credit Card Act.
Physical Requirements The physical demands described here represent those that an employee must meet to perform the essential functions of this job successfully. Reasonable accommodation may enable individuals with disabilities to perform essential functions. While performing the duties of this Job, the employee is regularly required to sit, use hands to finger, handle, or feel, and talk or hear. The employee is frequently required to walk and reach with hands and arms. The employee must occasionally stand, stoop, kneel, crouch, or crawl. The employee may occasionally lift and move up to 10 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.
Work Environment The work environmental characteristics described here represent those that employees encounter while performing the essential functions of this job. Reasonable accommodation may enable individuals with disabilities to perform essential functions.
BrightStar Credit Union is an Equal Opportunity Employer. BrightStar Credit Union is a Drug‑Free Workplace
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