FSB Consumer Underwriter II

Why USAA?

At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.

Embrace a fulfilling career at USAA, where our core values – honesty, integrity, loyalty and service – define how we treat each other and our members. Be part of what truly makes us special and impactful.

The Opportunity

We are seeking a dedicated FSB Consumer Underwriter II to join the Phoenix Consumer Underwriting team.

In this role you will, within defined guidelines and framework, review and underwrite consumer loan and credit card applications. You will apply understanding of established written risks and compliance policies, guidelines, and procedures and regulatory requirements when evaluating loan attributes.

We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position will be based in Phoenix, AZ.

Relocation assistance is not available for this position.

What you’ll do:

• Utilizes established procedures and guidelines to validate credit, income, and other relevant information to underwrite lower risk credit card and consumer loans within a lower defined limit of authority and to ensure compliance with all regulatory requirements. 
• Reviews member provided documents for accuracy and alignment with company and industry standards.
• Documents loan decisions and required provisions necessary to complete the loan and communicates the decision.
• Maintains developing knowledge of all aspects of Consumer Lending and Credit Card portfolio and underwriting guidelines.
• Ensures loan agreements are complete, accurate, and in compliance with policy.
• Completes loan decisions which most effectively mitigate credit risks for USAA.
• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

What you’ll have:

• Bachelor’s degree: OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
• 2 years of consumer lending and/or real estate lending experience with an understanding of underwriting. 
• Knowledge of consumer loan processes, data analysis tools, and industry acumen.
• Successful completion of a job-related assessment and certification to obtain lending authority is required upon completion of training.
• Knowledge of federal laws, rules, regulations, and applicable guidance to include: TILA/REG Z, REG B, UDAAP/UDAP, FCRA, BSA/AML, SCRA/MLA, OCC Heightened Standards.

What sets you apart:

• Experience in a USAA Bank Underwriting role.
• Experience supporting MSR’s using Click to Chat.
• Available to work a shift Monday – Friday between the hours of 7:00am CST – 8:00pm CST and a Saturday shift as needed.

The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

Compensation range: The salary range for this position is: $57,970 - $97,820.

USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).

Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.

Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

Benefits: At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.

For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.

Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting.

USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.