Underwriter

Nelnet is looking for an experienced Underwriter to join our growing team. As an integral part of our organization, the Underwriter will review and evaluate loan applications to determine creditworthiness and compliance with Nelnet’s lending policies. This position requires a detail-oriented and organized individual with the ability to work independently as well as in a team environment.The ideal candidate will have a minimum of two years of experience in mortgage or consumer loan underwriting, excellent communication and interpersonal skills, and a comprehensive understanding of loan policies and procedures. A Bachelor's degree in finance, accounting, or related field is preferred.

Responsibilities:

1. Review, evaluate, and analyze loan applications to assess creditworthiness and compliance with Nelnet’s lending policies.
2. Utilize knowledge of loan policies and procedures to make sound decisions.
3. Maintain accurate records and documentations of loan applications and decisions.
4. Communicate effectively with other departments to ensure accuracy of loan decisions.
5. Follow established guidelines to ensure compliance with all applicable state and federal regulations.
6. Develop and maintain positive relationships with clients, partners, and other stakeholders.
7. Identify areas of improvement to enhance loan underwriting procedures.
8. Monitor industry trends and recommend changes to policies and procedures to remain competitive.
9. Provide guidance to junior team members on loan underwriting procedures.
10. Participate in team meetings, trainings, and other events to stay abreast of new developments.

According to JobzMall, the average salary range for a Underwriter in Madison, WI, USA is $44,000 - $72,500. This range is based on market research and salary data collected from job postings and employers in Madison, WI.

Nelnet, Inc., is a United States–based conglomerate that deals in the administration and repayment of student loans and education financial services.