New

Sr Credit Underwriter-Consumer - Fairfield, NJ

Valley National Bank
$64,900.00 - $108,100.00 / yr
paid time off
United States, New Jersey, Fairfield
Jun 26, 2025
Back Sr Credit Underwriter-Consumer #25-615 Fairfield, New Jersey, United States Apply Apply for this job now! Apply Job Overview The Senior Credit Underwriter will underwrite Indirect Auto Loans from Dealerships and Direct/Branch Consumer Loans such as Auto, Personal, Preferred Checking LOCs, Business Credit Cards, Small Business Loans/Lines, and Cash Value Lines of Credit. In addition, various other Consumer Loan Products which could include, boats, CD Secured, Stage Loans. Expected Work Hours 40 Job Description Responsibilities include, but are not limited to: Underwrite Indirect, Direct Consumer Loans - Small Business products. Underwrite and analyze more complex loans that require financial analysis generally carrying higher loan limits. Build/Maintain Relationships with Dealers - Branches and interface with all Consumer Loan related departments. Communicates with Loan Officers as to status of loan. Maintain credit policy standards and work toward meeting department goals. Mentors Credit Underwriters on more complex loans ensuring that the loan structure is consistent with the loan policy. Daily monitoring and general supervision of underwriting workflow. Ensures that products outside of the system notification (Bank card, CVLC, new products) are distributed for completion. Reviews and utilizes higher loan approval authority to sign off on loan recommendations from the underwriting team. Assist in preparation and facilitate audits as needed. Requirements Required Skills: Excellent customer service skills. Good verbal and written communication skills. Ability to interact with dealer finance managers, branch personnel and other Bank departments, and vendors. Ability to solve practical problems and interpret a variety of instructions furnished in written, oral diagram or schedule form. Ability to prioritize and multi-task when called upon. Intermediate personal computer skills with knowledge of email, Word, Excel. Required Experience: High School Diploma or GED and minimum of 4 years of Consumer/Commercial Credit/Auto Loan underwriting experience (Direct/Indirect). Bachelor's Degree in related field preferred. Full-time/Part-time Full-time FLSA Non-exempt Location(s) Fairfield , New Jersey , United States Total Rewards Summary We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions. In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process. Job Details Pay Range Pay Range The estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay. The actual pay rate will depend on the person's qualifications and experience. $64,900.00 - $108,100.00 / year Pay Transparency In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.