Citizens Financial Group, Inc

Home Equity Senior Underwriter

Citizens Financial Group, Inc • $75K — $95K *
Johnston, RI 02919In-Person
Finance & Insurance
Less than 5 years of experience
3 weeks ago
Job Overview by Ladders

Qualifications

  • 3-5 years of relevant experience in underwriting.
  • Preferred background in Home Equity lending and processing.
  • Deep understanding of equity lending policies and secondary market guidelines.
  • Strong organizational skills with attention to detail.
  • Excellent interpersonal and communication skills, both written and verbal.
  • Proficient in automated underwriting systems and related software.
  • Ability to analyze complex income calculations effectively.

Responsibilities

  • Analyze Home Equity Line of Credit applications according to consumer lending policies and regulations.
  • Verify and ensure the accuracy of all material information within applications.
  • Use sound judgment to analyze documentation and mitigate risk effectively.
  • Achieve specified productivity levels and maintain credit quality standards.
  • Interpret complex personal and business financial documents for income verification.
  • Identify and present counteroffer possibilities when initial loan terms are not met.

Benefits

  • Opportunities to work in a collaborative environment with various departments.
  • Gain experience with a range of financial documentation and underwriting processes.
  • Engagement in a dynamic and fast-paced production atmosphere.
Full Job Description
Job Description

As the Home Equity Sr Underwriter, 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.

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
  • Three to five years related experience.
  • Home Equity lending and processing 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, in office in Johnston, RI

About Citizens Financial Group, Inc

Citizens Bank is a financial service company. It provides outstanding local and personalized service. It offers a full range of commercial, real estate, and consumer lending. It is specialized in personal and small business deposit services, electronic services.

Citizens Financial Group, Inc. Careers

Join the dynamic team at Citizens Financial Group, Inc., a leading financial institution where your career aspirations can soar. We are committed to fostering a culture of innovation, leadership, and diversity that supports our employees' professional growth and development.

Explore Job Opportunities

At Citizens Financial Group, Inc., we offer a wide range of job opportunities that cater to diverse skill sets and career interests. Whether you're a seasoned professional or just starting out, you'll find a position that challenges you and enhances your expertise.

Internship Programs

Kickstart your career with our internship programs designed to give you a hands-on experience in the financial sector. Our internships provide a robust platform to develop your skills, engage in meaningful projects, and network with industry leaders.

Employment Benefits

Choosing a career with Citizens Financial Group, Inc. means opting for a comprehensive package of benefits. We believe in supporting our team members not only in their professional lives but also in their personal growth and well-being.

Inclusive Culture and Diversity Training

We pride ourselves on a workplace culture that embraces diversity and inclusivity. Regular diversity training ensures that our team members appreciate and leverage the unique backgrounds and perspectives that each individual brings to the company.

Professional Growth and Leadership Development

Continuous learning is at the core of our professional development agenda. With access to leadership development programs and tailored training, you can advance your career and leadership skills at Citizens Financial Group, Inc.

Innovation at Work

Innovation is key to staying competitive in the financial industry. At Citizens Financial Group, Inc., you’ll work alongside talented professionals who are pushing the boundaries of what’s possible in financial services.

Networking and Career Advancement

Our company not only provides job opportunities but also fosters an environment where networking and professional connections flourish. This supportive network is vital for career advancement and personal growth within the industry.

Join Our Team

Are you ready to take the next step in your career? Explore the open positions at Citizens Financial Group, Inc. and find where your skills and passions align with our needs. We are continuously hiring and looking for new talents to join our robust team.

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Prepare for Your Interview

Make a great first impression. Prepare for your interview with us by researching our company culture, reviewing your resume, and coming ready to discuss how your experience and skills align with the position you are applying for. At Citizens Financial Group, Inc., we are more than just a financial institution; we are a place where you can make a difference. Join us and transform your career with a company that values your unique talents and aspirations.
Learn more about Citizens Financial Group, Inc
Size
17,463 employees
Market Cap
$19.3 billion
Industry
Finance & Insurance
Net Income
$1 billion
Founded
1828
5 Year Trend
+2.6%
NASDAQ
CFG
* Ladders Estimates

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