Old Second National Bank is a well-established institution with over 150 years of service in the Chicago area. The Underwriter in the National Specialty Powersport Lending department is responsible for examining credit histories and financial risks to underwrite indirect motorsport loans according to company policies and regulatory guidelines.

Responsibilities

• Obtain and compile copies of loan applicants' credit histories, financial statements, and other financial information
• Analyze loan applications, credit bureau reports, collateral, existing account data, income documents and other loan documentation to make consistent and sound lending decisions
• Approve, counteroffer or deny applications within authorized loan policies and authority in a timely fashion
• Review and confirm loan agreement information is complete and accurate in accordance with established guidelines and legal requirements
• Demonstrate sound judgement ensuring proper credit decisions to protect the integrity of the loan portfolio and contribute to loan growth
• Balance productivity and speed to meet service levels with quality underwriting
• Ensure operational integrity through compliance with all policies, procedures and regulations
• Explain to dealers the different types of loans and credit options that are available, as well as the terms of those services

Skills

• High school diploma (or equivalent) and one year of related experience (underwriting, credit review, or related); or equivalent combination of education and experience
• Must work a flexible schedule inclusive of weekends and/or overtime to meet business needs
• Must be available to work Tuesday - Saturday. Training schedule is 8:30am-5:30pm each day. Once training is completed, must be available to start at 8 or 9am until 5 or 6pm daily
• Active listening — giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times
• Judgment and Decision Making — considering the relative costs and benefits of potential actions to choose the most appropriate one
• Critical Thinking — using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems
• Bi-lingual English and Spanish
• Indirect lending experience
• Retail Banking experience

Benefits

• Old Second is committed to fair and equitable pay practices. Pay is dependent upon the pay range and the incumbent’s knowledge, skills and experience.

Company Overview