Consumer Lending Underwriter I

Hiring Range:

$ 52,114-$83,755 The posted salary range reflects Eastern's expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information. Consumer Lending Underwriter I The Consumer Lending Underwriter I analyzes consumer credit files, verifies and documents income, confirms collateral sufficiency, and makes sound lending decisions within assigned authority. This role partners closely with business line stakeholders, escalates recommendations to senior underwriters as needed, and meets established service-level agreements while adhering to all regulatory requirements. Successful candidates bring strong analytical skills, including tax return and income analysis, and a working knowledge of business organizational structures. They are highly organized, able to manage multiple priorities, and comfortable working independently and collaboratively in a fast-paced environment.

Key responsibilities include:

Independently review loan requests for eligibility within the bank's lending authority across Consumer Loan products, including Home Equity Lines of Credit, auto loans, unsecured loans, HEAT loans, personal lines of credit, and Cash Reserve Underwrite files efficiently to meet established service-level agreements Escalate and recommend approvals for requests exceeding assigned lending authority to senior underwriters Review, analyze, and document all sources of income, including personal and business tax returns Evaluate vendor reports related to title and valuation Communicate clearly with branches, processors, and other partners regarding conditions and documentation requirements Maintain thorough application notes and underwriting rationale throughout the loan life cycle Ensure ongoing compliance with all bank policies, procedures, and applicable regulations Update file status in underwriting systems and maintain clear, comprehensive file notes Perform appraisal reviews in accordance with regulatory requirements Participate in special projects and post-closing underwriting reviews as assigned Maintain working knowledge of consumer lending regulatory guidelines Qualifications Underwriting experience with home equity, unsecured, and auto loans (preferred) Strong communication, organization, multitasking, and relationship-building skills Proficiency with standard office and underwriting systems; strong overall technical aptitude Comfortable working in a fast-paced, high-volume environment