Underwriter III

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process.

Job Accountabilities

• Review complex credit applications on various types of loans; analyze applicant’s financial status, credit and property evaluation, corporate tax returns, personal tax returns, personal financial statements, credit reports, business reports and legal documents.
• Perform credit analysis, analyze appraisals and approve or deny credit applications per authorized lending limits. Approve or deny credit applications per authorized lending limits. Recommend credit decisions to management on requests exceeding assigned lending authority. Recommend sales opportunities to lender via up sell and cross sell of all applicable bank products.
• Use discretionary judgment for approval of credit applications not meeting underwriting policies and procedures. Ensure proper documentation and sign-offs are made for credit exceptions. Maintain credit exception approval percentages within corporate approved guidelines.
• Verify the accuracy and consistency of the Loan Origination System in regards to properly assigning rates, initiating appropriate disclosures, following system parameters and that the calculations for DTI, LTV and credit are correctly populating.
• Pro actively seek solutions with lenders from all business lines to ensure rate, term and application structure on all loan products are compliant with current policies and procedures. Aid in the resolution of any application issues in an effective manner, mutually benefiting our customers and the Bank.
• Provide credit decisions on servicing requests such as line increases, death and divorce situations; reopen requests, real estate subordinations, partial releases or other types of requests that impact credit risk.
• Maintain up to date knowledge of current Underwriting policies, guidelines and compliance issues using available resources. Including all lending related Federal and State regulations.
• Provide training and support to all lending related functions of the bank on loan products, procedures, credit fundamentals and system navigation. Cross train multiple business lines, including but not limited to retail and correspondent, to support additional business lines.
• Act as the designate, when appointed, for the Underwriting Manager as needed.

Education

• Associate's Degree or equivalent combination of education and experience Finance Required
• Associate's Degree or equivalent combination of education and experience Business Required

Experience

• 4-7 years Underwriting and lending products, policies and procedures Required
• 7-10 years Directly related to Business Line specific lending. Preferred

In addition to core traditional benefits, we take pride in offering benefits for every stage of life. 

• Retirement savings including both 401(k) and Pension plans. 

• Paid time off to volunteer in your community. 

• Opportunities to connect with others through our diversity-focused Colleague Resource Groups. 

• Competitive salaries with professional development and advancement opportunities. 

• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.  

• Personal banking, loan, investment and insurance benefits. 

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois and Minnesota and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest. Join our community on Facebook, LinkedIn and X. 

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank’s anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contact leavesandaccommodations@associatedbank.com if you need an accommodation at any time during the process.

Associated Banc-Corp is an Affirmative Action and Equal Opportunity Employer. Associated Banc-Corp participates in the E-Verify Program. E-Verify Notice English or Spanish. Know Your Right to Work English or Spanish.

Associated Bank is Pay Transparency compliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.