Associate Underwriter

Are you a detail-oriented and analytical individual with a passion for the financial industry? Do you thrive in a fast-paced and dynamic work environment? If so, Ally Financial is looking for you! We are currently seeking a motivated Associate Underwriter to join our team and assist in the evaluation and assessment of loan applications. In this role, you will have the opportunity to apply your strong analytical skills and contribute to the growth of our company. Join us and be a part of a team that is dedicated to providing exceptional financial solutions to our customers.

1. Evaluate and assess loan applications in a timely and accurate manner to determine creditworthiness and risk level.
2. Utilize strong analytical skills to review financial documents, credit reports, and other relevant information to make informed decisions.
3. Ensure compliance with company policies and industry regulations while evaluating loan applications.
4. Communicate effectively with loan officers, customers, and internal teams to gather necessary information and provide updates on application status.
5. Identify potential red flags and discrepancies in loan applications and escalate to senior underwriters for further review.
6. Maintain a high level of attention to detail to accurately enter data and information into the underwriting system.
7. Contribute to the growth and success of the company by meeting or exceeding performance goals and targets.
8. Stay updated on industry trends, market conditions, and regulatory changes that may impact loan underwriting.
9. Collaborate with team members to improve processes and procedures for efficient and effective underwriting.
10. Uphold the company's values of integrity, transparency, and customer focus in all interactions with customers and colleagues.

According to JobzMall, the average salary range for a Associate Underwriter in Detroit, MI, USA is $45,000 to $60,000 per year. This range can vary depending on factors such as the specific company, level of experience, and education level of the individual. Additionally, bonuses and benefits may also be included in the overall compensation package for an Associate Underwriter.

Ally Financial provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets.