Consumer Credit Exception & Compliance Specialist
Fifth Third Bank
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $61,200 - $125,500 per year
About the role
- Perform a wide range of audit, compliance and credit risk activities for declined consumer loan applications
- Render decisions on complex underwriting exception requests across multiple sites and ensure adherence to regulatory compliance for all direct consumer loan products
- Serve as a subject matter expert and final decision maker on consumer underwriting matters for the Consumer Line of Business interfacing extensively with Credit Risk, Quality Control, Product, and Compliance at Fifth Third Bank to ensure decisions meet regulatory requirements
- Function as an escalation point for decisions requiring higher level of knowledge and authority
- Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined
- Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience
- Achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types
Requirements
- Bachelor’s degree or equivalent combination of experience/education
- Minimum 7 years Consumer Lending or related industry experience
- Minimum of 5 years Consumer Lending Underwriting experience
- Consumer Lending Credit Authority is commensurate with consumer lending authority guidelines and business need
- Exceptional analytical and organizational skills
- Proven teamwork, collaboration and partnership skills
- Excellent knowledge of both equity and non-equity underwriting and associated credit policy
- Advanced and in-depth knowledge of consumer lending guidelines
- Excellent verbal and written communication skills
- Strong computer skills
- Proficient in technology utilized to communicate effectively such as Adobe, Excel, must have experience with Consumer origination systems, platforms tools, and technology. PowerPoint, Word, and Website development
- Ability to be flexible, reliable, work independently, and committed to delivering projects to within deadlines
- Ability to make high quality decisions, handle multiple tasks simultaneously, and meet deadlines in fast paced environment
- Ability to interact with senior level managers; build consensus; and motivate others
- This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS)
Benefits
- Comprehensive benefits
- Differentiated compensation offerings
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
consumer lendingunderwritingcredit riskregulatory complianceanalytical skillsorganizational skillsequity underwritingnon-equity underwritingcredit policyconsumer lending guidelines
Soft Skills
teamworkcollaborationcommunication skillsflexibilityreliabilityindependencedecision makingmultitaskingconsensus buildingmotivation
Certifications
Bachelor's degreeS.A.F.E. Act registrationNMLS registration