Underwriter I

First Source Federal Credit Union
First Source Federal Credit Union

Marketing & Communications

New Hartford, NY, USA

Posted on Jul 8, 2026
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Position Summary

This position is responsible for underwriting consumer and home equity loans within designated lending authority and in accordance with credit union policies and procedures.

Essential Job Functions

  • Underwrite consumer loan applications to include but not limited to secured loans, unsecured loans, credit cards, and home equity loans.
  • Ensure each loan request is thoroughly analyzed to determine creditworthiness of the potential borrower and assess overall risk to the Credit Union.
  • Ensure that all loan requests comply with Credit Union lending standards, guidelines, and applicable federal and state rules and regulations.
  • Make underwriting decisions within stipulated time frame and individual lending authority.
  • Clearly communicate lending decisions to the appropriate parties and, when a loan request cannot be approved, provide alternative options and guidance to help members improve creditworthiness.
  • Maintain individual lending authority level 6 or higher.
  • For loans exceeding individual lending authority, make recommendations to Underwriting Manager, or any employee with the appropriate individual underwriting authority.
  • Effectively communicate decisions to appropriate parties both verbally and through the loan origination platform.
  • Actively contribute to and support Underwriting and the Credit Union achieve goals.
  • Provide support to the other areas of the credit union.
  • Required to participate in First Source Federal Credit Union events as well as designated Community events.
  • Required to attend or participate in necessary compliance training, including but not limited to Bank Secrecy, OFAC, and Privacy.
  • Required to attend training sessions as appropriate.
  • Required to travel as needed.
  • Performs other duties as assigned.

Qualifications, Skills, and Experience

  • High School plus 3-5 years related experience OR related business degree
  • Strong communication and analytical skills with a refined attention to detail
  • Ability to perform well and keep up responsibilities in a high volume, fast paced working environment
  • Must have the ability to multitask while staying organized
  • Must have strong verbal and written communication skills to deliver strongly supported decisions
  • Proficient computer skills with a high level of computer literacy for various core operating systems
  • Must present a professional appearance
  • Ability to work flexible hours as needed

Universal Behaviors

Knowledgeable and Experienced

I promise to take personal ownership for learning and using that knowledge to provide value to those that I serve by:

  • Looking for answers until I find them.
  • Seeking opportunities to learn from others.
  • Appreciating and respecting others’ views.
  • Acknowledging mistakes and learning from them.
  • Going out of my way to share my knowledge and experience.

Striving for Operational Consistencies

I promise to make it easy for you through consistency, efficiency, and accuracy by:

  • Doing it right the first time, being thorough and accurate.
  • Taking pride and ownership in my work
  • Making and keeping commitments.
  • Continuing to look for better ways to do things and challenging the status quo.

Rewarding Work Environment

I promise to show care, compassion, and respect toward everyone I interact with by:

  • Being approachable and accessible to others.
  • Creating a pleasant work environment for each other.
  • Always asking what more I can do.
  • Resolving differences promptly
  • Recognizing the contributions of others.
  • Embracing diversity in the workplace.

Committed to Member Service

I promise to deliver exceptional member service by:

  • Interacting with a natural and genuine friendliness.
  • Being courteous and respectful.
  • Creating a welcoming environment.
  • Exceeding your expectations.
  • Sharing the moment and finding common ground.
Apply now
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