JP Morgan Chase & Co.

Auto Underwriter III - Private Label

JP Morgan Chase & Co.$75K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of credit experience with a focus on Auto Finance
  • Proficient in reviewing credit bureau reports
  • Strong skills in credit decision-making and understanding consumer credit regulations
  • Knowledge of indirect loan and lease programs and bank products
  • PC literate with proficiency in standard application software
  • Expertise in credit policies, loan documentation, and legal issues
  • Excellent analytical, written, and verbal communication skills
  • Proven leadership ability and results-oriented mindset

Responsibilities

  • Review credit applications and make decisions within policy and regulatory requirements
  • Assist in handling policy and pricing exceptions during daily operations
  • Structure decisions to optimize profit and foster relationships
  • Review and approve automobile applications, focusing on response time and quality
  • Achieve targets for return on equity, volume, and conversion metrics
  • Initiate sales calls and prepare follow-up communications when needed
  • Respond promptly and accurately to internal and external inquiries

Benefits

  • Remote work flexibility
  • Collaboration-focused team environment
  • Opportunities for professional development and continuous improvement
  • Engagement with internal and external partners
  • Commitment to responsible decision-making that balances risk and reward
Full Job Description
JOB DESCRIPTION

Join our dynamic team as an Auto Underwriter III, where you can work from the comfort of your home. 

As an Underwriter III in Chase Auto Indirect Originations Underwriting, you will review policy and pricing exceptions, support daily underwriting operations, and make timely credit decisions that help us serve dealers and customers responsibly. You will work with us to structure decisions that balance strong returns with long-term relationship health, while meeting clear expectations for response time, throughput, and decision quality. You will contribute to targets for return on equity, volume, and conversion metrics by applying sound judgment and consistent risk discipline. You will also help us strengthen partnerships by initiating proactive outreach and providing prompt, accurate responses to internal and external inquiries. You will join a team that values collaboration, accountability, and continuous improvement in how we deliver decisions.

Job responsibilities:

  • Review credit applications and render the appropriate credit decision within credit policy requirements and in compliance with all regulations

  • Review policy and/or pricing exceptions and assist in daily operations

  • Structure decisions to maximize profit and enhance relationships

  • Review and approve automobile applications submitted by our clients, placing an emphasis on response time, quantity of applications processed, and quality of applications approved

  • Meet or exceed agreed upon targets for return on equity, volume, conversion ratios, and other business metrics

  • Initiate sales calls via telephone, and where appropriate, prepare written follow-up

  • Provide prompt, accurate responses to all internal and external customer inquiries

Required qualifications, capabilities and skills:

  • 5+ years of credit experience, with Auto Finance experience

  • Experience reviewing credit bureau reports 

  • Highly skilled in credit decisioning, solid understanding of consumer credit and applicable federal and state regulations relative to consumer lending

  • Comprehensive knowledge of indirect loan and lease programs, bank products, and services

  • PC literate with a good working knowledge of common application software

  • Expert knowledge of credit philosophy and policies, loan documentation, and related legal issues.

  • Thorough knowledge of the Bank's policies and procedures, as well as its products and their inherent risks.

  • Superior analytical skills supported by excellent written and verbal communication skills.

  • Results-oriented with a high level of personal initiative and proven leadership ability

  • Demonstrated judgment and ability to act decisively

 

Preferred qualifications, capabilities and skills:

  • Sales experience preferred

 

The hours are Monday-Friday 11am-8pm w/Rotating Saturday's

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

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Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

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For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

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Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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