Credit Analyst Underwriter

FOUND: A great place to work!

WHY JOIN STATE FARM?

At State Farm, we are proud of our over 80 years of service to our policyholders. As the # 1 insurer of automobiles and homes in the United States and an insurance leader in Canada, State Farm Insurance has been helping people manage the risks of everyday life and recover from the unexpected since 1922.

At State Farm, we recognize that our workforce is the key to our business success. We have nearly 100,000 employees and agents working throughout the United States and Canada. We remain committed to maintaining an environment that enables every employee to make the greatest possible contribution. At State Farm we embrace diversity and strive to be the employer of choice for candidates of all backgrounds. If you are looking for a company that will provide you meaningful work with a competitive benefits package, consider joining our team.

WHAT ARE THE DUTIES AND RESPONSIBILITIES OF THIS POSITION?Provide appropriate and flexible decisions on customer applications/accounts utilizing Bank systems in concert with Bank Policies and Procedures Process customer information in compliance with appropriate Banking Regulations, the U.S. Patriot Act, the Bank's Customer Identification Procedures (CIP) and Records Retention guidelines Provide appropriate and professional service and support to customers, agents and staff Provide banking and underwriting resources to business partners in support of customer investigations and customer service

WHAT KNOWLEDGE AND SKILLS ARE NEEDED TO BE SUCCESSFUL IN THIS POSITION?Perform manual underwriting on applications/accounts taking into account various sources of information. Perform manual analysis of information discrepancies to determine best course of action for customer and State Farm Bank. When possible, execute actions to resolve discrepancies Knowledge of the basic fundamentals of underwriting & system operations. Conduct appropriate interaction with agents, staff and customers regarding decisions Review all queues / workflows for applications or accounts as necessary Ensure adherence to State Farm Bank policies and guidelines Provide flexible decision making capabilities using policy guidelines and parameters Perform other related duties as assigned

ITEMS OF NOTEPrevious experience working with various bank products, underwriting or financial services desirable Previous experience with automated application systems also desirable Knowledge of and experience with manual processing and decisioning Analytical skills to evaluate diverse situations, multiple data sources and make appropriate decisions Ability to work with limited supervision and make independent decisions Ability to use and understand procedure, reference and system manuals

ADDITIONAL INFORMATION

Bank Call Center


4-5 years experience within the auto lending industry as a Credit Analyst. Knowledge of and experience with Consumer Credit Protection regulations including Reg. B, Reg. Z, Reg. C (HMDA), CRA, RESPA, and Privacy Act. Experience with Consumer Credit application processing systems such as ACAPS, CMSI, APPRO, or COIN. Knowledge of and experience with real estate valuation and collateral protection requirements including appraisals, titles, and flood certification. Knowledge of and experience with collateral valuation methods such as NADA, PC Car Book, and Black Book.
Second Shift 9-5:45


State Farm is an equal opportunity employer.

OUR TOTAL REWARDS PACKAGE

At State Farm, we offer a comprehensive compensation package that includes a competitive starting salary, annual merit reviews, and annual bonus potential. In addition, you will be eligible to participate in our comprehensive benefits package including Medical, Dental, Life and Disability Insurance, Vision, 401K Plan (Savings & Thrift in Canada), a fully funded retirement plan, and more.

State Farm Insurance is an equal opportunity employer.

Please visit our Corporate website at:

statefarm.com®