Credit Underwriting Officer I

Credit Underwriting - Operations

Reports to:
Supervisor - Credit Underwriting

Job Purpose:
Performs the role for the underwriting of mortgages and business loans.

Duties and Responsibilities:

  • Utilize good financial acumen to ensure that sound judgment and initiative is used for sensible underwriting of mortgages and business loans.
  • Escalate loans to the next authority level with a recommendation for a decision.
  • Gather and/or review background information on loan applicants reviewing credit rating reports; verify employment, debts, estimate monthly payments for any outstanding debts not listed and add them to debts on the application.
  • Calculate debt-to-income ratios on loan applicants, and calculate how much of a loan applicant’s debt is secured or unsecured.
  • Review, analyse and follow up mortgage loan requests.
  • Review, analyse and follow up business loan requests.
  • Provides financial advice/guidance to members.
  • Assists in the preparation of reports on mortgages and business loans.
  • Co-ordinate with relevant departments on the security and disbursements of mortgages and business to ensure compliance.
  • Maintains service levels for all underwriting turnaround times as set by management.
  • Maintains up-to-date knowledge of general economic conditions or changing trends that may affect the credit union’s competitiveness for providing their loan products.
  • Supports the sale, delivery and cross selling of services and products to members.
  • Assists in the resolution of members’ complaints.
  • Review and approve loans within the assigned In House Loans Committee limit.
  • Review and approve loans within an individual assigned limit.
  • Review and forward loans (in conjunction with the In House Loans Committee) to the External Credit Committee for decision.
  • Review and underwrite staff loans. Also to attend Extra Ordinary Credit Committee.
  • Performs any other duties ancillary or related to the foregoing.


Qualifications and Experience:

  • Bachelor’s Degree in Banking/Finance or a related field
  • At least 3 years’ experience in either or a combination of credit underwriting of business


Working Conditions:

  • Working conditions are normal for an office environment.
  • Work may require occasional weekends and/or evening work.
  • Frequent travel will be required.
  • Infrequent exposure to outdoor elements may be required.


Knowledge/Skills and Abilities:

  • Good organisational and/or project management skills.
  • Good presentation skills
  • Good understanding of construction codes and regulations as it relates to mortgages, delinquent and business loans.
  • Excellent interpersonal, networking, negotiation and communication skills.
  • Ability to multi-task and prioritize workload.
  • Excellent time management skills
  • Excellent customer service skills
  • Team building skills
  • Strong analytical and problem-solving skills.
  • Ability to operate with minimum of supervision.
  • High level of flexibility
  • Target focused, self-motivated and driven.
  • Team oriented
  • Creative problem solver
  • Ability to overcome obstacles and appropriately handle irate members/customers.
  • Meticulous tendencies
  • Results oriented
  • Strong work ethic
  • Professional judgement



  • Internal and external members/customers
  • General Public
  • Government Agencies
  • Other financial institutions
  • Vendors and other service providers


How to Apply:

Applications should be sent to Patricia Archer, Human Resources Department via

Subject: Credit Underwriting Officer

Deadline: March 15th, 2024


We thank all candidates however only shortlisted candidates will be contacted.

  • Online Banking

Call us: (246) 622-9000

Toll-free 1-866-800-6146

Fax: (246) 437-8745


This is where you belong

© Barbados Public Workers’ Co-operative Credit Union Limited