About the Role

We are seeking a Consumer Loan Underwriter I or II to join our team at Rogue Credit Union. This is a fantastic opportunity to work remotely while underwriting consumer loans and ensuring exceptional member experiences. As a Consumer Loan Underwriter, you will play a crucial role in evaluating loan applications and providing solutions that are member-focused.

What You'll Do

  • Underwrite direct, indirect, and third-party loan requests within established credit guidelines and authority.
  • Notify branch staff, dealer partners, and vendor personnel of loan decisions in a timely manner, clearly defining acceptable terms and conditions.
  • Provide coaching and training to front-line staff, maintaining a friendly and enthusiastic demeanor.
  • Deliver member-focused solutions while providing unsurpassed service to branches and dealer partners.
  • Stay current on applicable regulations and credit union policies to ensure compliance throughout assigned areas.
  • Proactively perform other duties as needed or assigned.

Requirements

  • 3-5 years of experience in a similar role.
  • A high school diploma or GED is required.
  • Strong interpersonal skills with the ability to motivate and influence others.
  • Excellent communication skills, both written and verbal.
  • Computer and keyboarding skills, along with loan application and tax analysis skills.

Nice to Have

  • Experience with loan underwriting software.
  • Knowledge of financial regulations and compliance.
  • Previous experience in a credit union or financial institution.

What We Offer

  • Competitive salary ranging from $27-$34 per hour.
  • Remote work flexibility.
  • Opportunities for professional growth and development.
  • A supportive and inclusive work environment.
  • Comprehensive benefits package including health insurance and retirement plans.
Why This Job7.5 of 10

This Consumer Loan Underwriter role offers a unique opportunity to work remotely while contributing to member-focused solutions at Rogue Credit Union.

Salary Range
Required
0/1
Optional
0/1
Bonus
0/1

Who Will Succeed Here

Proficient in loan underwriting software such as Encompass or Calyx, with a solid understanding of credit analysis techniques and financial regulations to ensure compliance and accuracy in loan assessments.

Demonstrates strong analytical skills and attention to detail, enabling thorough evaluation of loan applications remotely while maintaining high standards of customer service and member-focused solutions.

Possesses a proactive and adaptable mindset, able to navigate evolving financial regulations and customer needs, essential for a remote role where self-motivation and effective time management are critical.

Learning Resources

Loan Underwriting Basicscourse

Career Path

Consumer Loan Underwriter I/II(Now)Senior Consumer Loan Underwriter(1-2 years)Loan Underwriting Manager(3-5 years)

Market Overview

Market Size 2024
$9.5B
Annual Growth
8.2%
AI Adoption in Underwriting
45%
Investment in FinTech Solutions
+35%
Labour Demand for Underwriters
+12%
Avg Salary for Underwriters
$75K

Skills & Requirements

Required
Loan UnderwritingCredit AnalysisFinancial Regulations
Growing in Demand
Data AnalysisRisk ManagementRegulatory Technology (RegTech)
Declining
Manual Underwriting ProcessesPaper-Based Documentation

Domain Trends

Increased AI Integration
AI technologies are streamlining the underwriting process, with 45% of firms adopting AI tools to enhance decision-making and efficiency.
Shift to Digital Platforms
The shift to digital platforms is accelerating, with 60% of loan applications now processed online, reflecting a 20% increase from the previous year.
Regulatory Changes and Compliance
With 70% of financial institutions facing new compliance regulations, the demand for underwriters skilled in navigating these changes is rising significantly.

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