Credit Underwriter Resume Samples

A Credit Underwriter takes responsibility for assessing the financial risks before granting loans. Working mainly for commercial lending companies and banks, these professionals undertake and disburse the following activities mentioned on the Credit Underwriter Resume – collecting information about potential buyers; calculating risks; reviewing financial statements; revising credit limits; determining the capacity to repay the credit; taking decisions on credit applications; providing support for business developers; taking responsibility for researching borrowers and industries; completing annual reviews, identifying policy exceptions; discussing risk ratings and determining the acceptable credit amount with credit approvers.

Those seeking this job role must mention on the resume the following skills and abilities – credit principles knowledge, accounting expertise; research skills; computer skills; attention to details; and the ability to comprehend complex commercial credits. Some employers may accept applicants with no higher education, while many want a degree in accounting or finance.

Credit Underwriter Resume example

Credit Underwriter Resume

Objective : Credit Underwriter with 2 years of experience in Participating in the analysis, evaluation, and underwriting of proposed credit facilities for prospects and customers, working with Relationship Managers and Credit Officers to assess credit opportunities, identify key risks, and structure alternatives, etc.

Skills : Customer Service,  Analyzing Skills, Reading Skills.

Description :

    1. Processed personal installment, consolidation loans, overdraft protection, and lines of credit applications.
    2. Ability to validate income with review and recalculation of paystubs, W2's, and self-employed tax returns for accuracy per guideline requirements.
    3. Performed risk analysis and making decisions regarding deficiencies identified during the review process.
    4. Experienced with standard credit bureau attributes.
    5. Ability to read and analyze credit bureau reports to determine the applicant's creditworthiness by evaluating trends, payments, and credit exposure.
    6. Ability to evaluate customer records and make other bank product recommendations.
    7. Identified transaction components that indicate a potential for fraud and performing sufficient investigative work to resolve issues that are identified.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Executive
Education
Education
GED


Credit Underwriter Resume

Objective : Results-oriented lending Credit Underwriter professional with strong financial services background seeking to utilize core skills in a challenging environment. Performance-driven team member with the ability to meet objectives and achieve targeted goals.  

Skills : Underwriting, Good Communication Skills, Analyzing Skills.

Description :

    1. Analyzed and reviewed small business loan requests up to $2MM.
    2. Rendered sound credit decisions that comply with all bank lending policies and meet profitability targets.
    3. Reviewed existing loans for continuation or exit, pricing, and proper risk rating.
    4. Partnered with loan officers and branch managers to strengthen bank relationships with financially sound customers, reduce exposure on weak credits, and improve profit margins on targeted relationships.
    5. Devised and implemented loan workout plans for distressed borrowers.
    6. Reviewed credit and collateral position on existing loans to support risk ratings.
    7. Reviewed servicing requests for collateral releases and substitutions.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
BA In Education


Credit Underwriter Resume

Objective : Accomplished and energetic Credit Underwriter with a solid history of achievement in Security. Motivated leader with strong organizational and prioritization abilities. Areas of expertise include customer service, excellent communication, and great leadership.

Skills : Management Skills, Microsoft, Account Management Skills.

Description :

    1. Used computers for various applications, such as database management or word processing.
    2. Answered telephones and give information to callers, took messages, or transferred calls to appropriate individuals.
    3. Created, maintained, and entered information into databases.
    4. Operated office equipment, such as fax machines, copiers, or phone systems and arrange for repairs when equipment malfunctions.
    5. Completed forms in accordance with company procedures.
    6. Obtained and compiled copies of loan applicants' credit histories, corporate financial statements, and other financial information.
    7. Reviewed loan agreements to ensure that they are complete and accurate according to policy.
    8. Approved loans within specified limits, and refer loan applications outside those limits to management for approval.
    9. Set credit policies, credit lines, procedures, and standards in conjunction with senior managers.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Executive
Education
Education
High School Diploma

Credit Underwriter Resume

Objective : Credit Underwriter with 3 years of experience in Preparing in-depth credit packages Spread financial statements, Conducting research on borrowers and industries, and also making decisions based on the best interest of the customer and bank.

Skills : Internal Audit, Analyzing, Good Communication.

Description :

    1. Balanced the need for meeting/exceeding production goals while maintaining compliance and quality to minimize risk while maximizing profitability.
    2. Assessed risk of applications through a complete and thorough review of documents.
    3. Maintained knowledge of guidelines and procedures for all investors including FHA, FHLMC, FNMA, VA, Risk/Private, and Conventional loans.
    4. Assisted supervisor with running reports and summaries to present to upper management.
    5. Considered the go-to for method and procedures explanation and clarification.
    6. Assisted with the training of new default underwriters in office and at off-site locations.
    7. Generated reporting, and file assignments to the team.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Executive
Education
Education
G.E.D

Credit Underwriter Resume

Headline : As a Credit Underwriter, responsible for Reviewing and analyzing loan applications, credit reports, appraisals, income, and asset documentation according to agency and non-agency guidelines and mortgage regulations, and also Effectively communicating and explaining credit decisions to loan officers and processors.

Skills : MS Word, Training Skills, Good Communication Skills.

Description :

    1. Adhered to strict banking regulations in document analysis and determination of creditworthiness on consumer credit lending.
    2. Calculated net income, reviewed credit reports, and conducted analyses on Debt-to-Income and Housing-to-Income ratios; evaluated the financial strength of borrowers to determine risk and repayment capacity.
    3. Worked closely with the processing and closing teams to perform a timely review of conditions submitted and requested loan amount changes as required.
    4. Trained/mentored newly-hired underwriters and crossed trained the internal employees.
    5. Reviewed and made credit decisions for loan approvals, loan declines, or counteroffers by strictly adhering to guides set forth by DE, CMI, Credit Authorities Policy, and FNMA and FHLMC programs.
    6. Communicated with borrowers, attorneys, brokers, and senior underwriter.
    7. Ensured loan submittals met internal and external eligibility requirements.
Years of Experience
Experience
5-7 Years
Experience Level
Level
Executive
Education
Education
GED

Credit Underwriter Resume

Objective : Credit Underwriter with 5 years of experience in performing timely reviews of conditions submitted as well as loan resubmissions, and also Maintaining credit quality and production standards as defined by the business.

Skills : Residential & Non-Residential Loan Processing, Credit Appraisal.

Description :

    1. Securitized the files of clients(both salaried &self employed) with proper KYC, Income documents, and other documents required as applicable depending on the profile of the client.
    2. Sanctioned cases under approved limits and authorization for Disbursement.
    3. Identified and assisted the implementation of improvements to practices and procedures on an ongoing basis with the view to creating an environment of constant improvement.
    4. Worked with related teams to ensure all processes are consistent with customer requirements & contribute to overall process efficiency.
    5. Worked with other staff (including assisting with the training of less experienced staff from time to time) to ensure quality and consistency of service.
    6. Assisted sales personnel by providing an avenue to identify and generate new business opportunities through meticulous credit application tracking and management.
    7. Created financial and loan reports for management and company principals to support decision-making, continuous improvement, or corrective action planning.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Executive
Education
Education
BS

Credit Underwriter Resume

Objective : Highly qualified Credit Underwriter with experience in the industry. Enjoy creative problem solving and getting exposure on multiple projects, and I would excel in the collaborative environment on which your company prides itself.

Skills : Microsoft Office Suite, Analyzing Skills, Underwriting Skills.

Description :

    1. Determined accuracy by analyzing financial statements.
    2. Eliminated liabilities by approving quality loans outside the normal lending guidelines.
    3. Consistently averaged underwriting 250 monthly applications to generate substantial volume toward pipeline goals.
    4. Strengthened traceability and transparency by reviewing/approving final funding loan documentation with zero discrepancies.
    5. Analyzed loan packages by bundling sales contracts based on a consolidated credit profile versus analyzing the creditworthiness of each sales contract. 
    6. Professionally communicated the results of file reviews.
    7. Issued Significant Findings letter and verbally communicating the reason for the findings to both internal partners and branch managers.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Executive
Education
Education
MS

Credit Underwriter Resume

Headline : Seeking a Credit Underwriter, responsible for Reviewing incoming conditions needed to clear conditional approvals, Performing pre-funding quality control on cleared loan files, Reviewing policy and research investor guidelines; discussion and review with other Underwriters, etc.

Skills :  Analyzing Skills, Training Skills.

Description :

    1. Underwrote participation in midstream energy and oilfield services syndications.
    2. Evaluated financial statements and projections with stress tests to determine the risks of extending credit to prospects.
    3. Managed credit quality and profitability for the midstream energy and oilfield services portfolio.
    4. Maintained excellent credit quality through no defaults on covenant compliance or past due documentation.
    5. Selected as lead underwriter for non-profit clients.
    6. Trained new underwriters and senior underwriters for organizations to increase productivity and minimize the time required to integrate new hires into the role.
    7. Performed preliminary quarterly reviews for home equity lines of credit.
Years of Experience
Experience
5-7 Years
Experience Level
Level
Executive
Education
Education
G.E.D

Credit Underwriter Resume

Headline : Credit Underwriter with 6 years of experience in reviewing the process of each file, update changes to the mortgage software system, and process file through automated underwriter software provided by investors.

Skills : Extensive Data Entry And Phone Handling Experience.

Description :

    1. Acquired extensive experience in underwriting, credit evaluation, customer service, and problem-solving.
    2. Communicated effectively with colleagues and management staff to manage both customer-facing and internal issues.
    3. Demonstrated appropriate problem resolution skills.
    4. Responsible for creating credit department procedures and delivering comprehensive training.
    5. Provided training to colleagues to prepare for process transfers to other sites.
    6. Achieved a high level of production and quality standards.
    7. Evaluated the financial strength of borrowers to determine risk and repayment capacity Analyze consumer credit reports to minimize risk while maximizing.
Years of Experience
Experience
5-7 Years
Experience Level
Level
Executive
Education
Education
High School Diploma

Credit Underwriter Resume

Headline : Credit Underwriter with 7 years of experience in Reviewing incoming loan files; assess risk, and render a decision based on internal loan management policies. Ability to consistently underwriting two-three (2-3) loan files per day.

Skills : Verbal Communication Skills, Managing Skills, Multitasking.

Description :

    1. Provided prompt, courteous, and excellent service to all customers and operate in accordance with the company's policy and actively cooperate and interact with all entities of Citigroup.
    2. Adequately and effectively explained in written and verbal form the decision reached in a manner that will maintain a positive relationship with all customers.
    3. Performed timely reviews of conditions submitted, as well as loan resubmissions.
    4. Provided exemplary customer service to both internal staff and external customers by explaining credit decisions and offering alternative options when needed.
    5. Maintained quality and production standards as defined by the business.
    6. Performed other job-related duties and special projects as required.
    7. Reviewed open loans the initial 18 months, closed loans the remaining months.
Years of Experience
Experience
5-7 Years
Experience Level
Level
Management
Education
Education
Diploma In General