Student Loan Underwriter in San Diego, California at Ascent

This is a temporary to permanent, hybrid role in located San Diego, California.

Ascent is a leading provider of innovative financial products and student support services that enable more students to access education and achieve academic and economic success. Everything Ascent offers is designed with the best-in-class teams and technology to increase every student's ability to plan, pay, and succeed in their education and career. Ascent's planning tools and financing resources are co-created by students for those in college, graduate school, and career training programs. Ascent offers financial wellness education, student success services, and one-on-one and digital career coaching that put students' academic and professional goals within reach. Ascent has been widely recognized for its strong culture – named “Best Places to Work” by the San Diego Business Journal for the past 5 years – and as an industry leader – named “Best Student Loan” by NerdWallet for the past 3 years.

The Ascent Student Loan Underwriter is responsible for the income calculation and review of new student loan application requests in a paperless environment. Underwriters work closely with Customer Service Representatives and Loan Processors to ensure the accurate and timely underwriting of Ascent Student Loans.

This position is a temporary to permanent contract position located in Downtown San Diego. The hours are flexible and can include nights and weekends as needed. Ascent offers a hybrid working schedule with two to three days required in the office.

In This Role, You Will:

• Review student loan credit applications and render an appropriate credit decision within credit policy requirements and in compliance with all regulations.
• Review and verify the accuracy of credit reports and borrower provided documents and identify red flags within the documentation.
• Provide prompt, accurate communication and responses to all internal and external customer inquiries as it relates to income and credit scenarios, documentation requirements, and the loan underwriting process.
• Calculate self-employed, retirement, and wage earners for prospective borrowers.
• Collaborate on operational processes across multiple departments.

• Four years of loan underwriting experience, student loan underwriting experience desired.
• Experience working with income documents and income calculations.
• Experience reviewing and interpreting credit bureau reports on a tradeline basis.
• Excellent verbal and written communication skills.
• PC literate with good computer skills and a working knowledge of common business and application software.

Qualities we look for in our candidates:

• Creative self-starter with strong product sense that can dive into details, find solutions to customer problems, and lead cross-functional teams from concept to launch.
• An eagerness to learn and grow your skills, a drive to succeed, and a passion for the work.
• All-around good team player who is approachable and dedicated to helping others succeed.

Compensation & Schedule:

• Compensation includes an hourly rate of $24-26 per hour
• Commuter monthly allowance
• Hybrid work flexibility (Tuesday, Wednesday, and Thursday in office)
• Must be flexible with schedule and have weekend availability