Underwriter III
Posted on: 3 Apr 2021
Wheaton, IL
Job Description
Review policy and/or pricing exceptions and assist in daily operations. You'll structure decisions to maximize profit and enhance dealer relationships. You'll also decision automobile applications submitted by our dealership clients, placing an emphasis on response time, quantity of applications processed, and quality of applications approved. You'll meet or exceed agreed upon targets for return on equity (ROE), volume, conversion ratios, and other business metrics. You'll coordinate with indirect Relationship Managers and assist with on-going business development via telephone and through a scheduled outside calling effort. You'll also initiate sales calls via telephone, and where appropriate, prepare written follow-up. Additionally, you'll provide prompt, accurate responses to all internal and external customer inquiries.
Responsibilities:
Review credit applications and render the appropriate credit decision within credit policy requirements and in compliance with all regulations
Review policy and/or pricing exceptions and assist in daily operations
Structure decisions to maximize profit and enhance dealer relationships
Decision automobile applications submitted by our dealership clients, placing an emphasis on response time, quantity of applications processed, and quality of applications approved
Meet or exceed agreed upon targets for return on equity (ROE), volume, conversion ratios, and other business metrics
Coordinate with indirect Relationship Managers and assist with ongoing business development via telephone and through a scheduled outside calling effort
Initiate sales calls via telephone, and where appropriate, prepare written follow-up
Provide prompt, accurate responses to all internal and external customer inquiries
Qualifications:
Five years of credit experience, with Auto Finance experience required
Excellent verbal and written communication skills
Strong problem solving, organizational, negotiation, and interpersonal skills
Highly skilled in credit decisioning, with a solid understanding of consumer credit and applicable federal and state regulations relative to consumer lending
Comprehensive knowledge of indirect loan and lease programs, bank products, and services
PC literate with a good working knowledge of common application software
Results-oriented with a high level of personal initiative and proven leadership ability
Sub-prime lending experience is preferred
Experience reviewing credit bureau reports required
Sales experience preferred
REQUIRED: ROTATING SATURDAYS (SHIFTS VARY FROM 9-6, 10-7, OR 11-8)
JPMorgan Chase & Co.
New York, New York
JPMorgan Chase & Co. operates as a financial services company worldwide. It operates in four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit and investment products and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, payment processing, auto loan, and leasing services.
The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; cash management and liquidity solutions; and cash securities and derivative instruments, risk management solutions, prime brokerage, and research.
This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, treasury, investment banking, and asset management to corporations, municipalities, financial institutions, and nonprofit entities, as well as financing to real estate investors and owners.
The AWM segment offers investment and wealth management services across equities, fixed income, alternatives, and money market fund asset classes; multi-asset investment management services; retirement products and services; and brokerage and banking services comprising trusts, estates, loans, mortgages, and deposits. The company also provides ATM, digital covering online and mobile, and telephone banking services. JPMorgan Chase & Co. has a collaboration agreement with Chicagoland Chamber of Commerce. The company was founded in 1799 and is headquartered in New York, New York.
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IndustryBanking/Financial Services
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No. of Employees255,998
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Website
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Jobs Posted9051
