As a loan underwriter, analytical skills are key. Highlight projects where you analyzed financial data to make decisions. This shows your ability to assess risk and manage large amounts of information.

If you have used any specific software for underwriting, mention it. Proficiency in tools like Excel or specialized loan underwriting software can set you apart from other candidates.

Attention to detail is very important in this role. Showcase examples where your careful review prevented errors or identified important trends in financial data.

Precision in documentation is also crucial. Emphasize any experiences where thorough documentation or reporting was essential to your role.

To make your resume stand out, focus on the specific skills and experiences that make you a good fit for a loan underwriter role. Show how you have used your abilities to make good decisions on loans. Use clear examples that are easy to understand. This will help employers see that you are ready for this job.

• Highlight key risk assessment skills such as analyzing credit reports, calculating debt-to-income ratios, or reviewing appraisals.
• Emphasize your decision-making successes, such as the number of loans you have approved or denied that led to strong outcomes.
• If you are coming from a different career, show how your past work connects to underwriting. For example, if you used data analysis to make decisions, that is a skill you will use in this job too.

When you write your resume, use strong action verbs to catch a hiring manager's attention. These verbs should show your skills in assessing and managing loan applications. You want to communicate that you are careful and good at making decisions. Your verb choices can make your experience stand out.

Below is a list of good action verbs for a loan underwriter. These verbs are simple and clear. They show different parts of your job in a strong way. Use these verbs to describe your work in your resume.

• To display your analytical skills, use verbs like evaluated, assessed, calculated, analyzed, and reviewed.
• For showing decision-making abilities, choose approved, declined, endorsed, sanctioned, and vetted.
• To demonstrate risk management, include verbs such as mitigated, minimized, forecasted, measured, and identified.
• For depicting your compliance with policies, use enforced, verified, adhered, complied, and audited.
• To show communication with clients and team members, include articulated, negotiated, consulted, corresponded, and clarified.

Want inspiration for other action verbs you can use? Check out synonyms to commonly used action verbs like Coordinate, Clean up, Use, Completed, Managed.

When you're applying for a loan underwriter position, showing your growth in leadership roles can set you apart. Employers look for candidates who can take charge and move up within an organization, so here's how to highlight your experience.

• Include any roles where you had to lead a team or project. For instance, if you were a 'senior underwriter,' mention how you trained new staff or led a high-stakes loan review process.
• List any promotions you've received, like going from 'underwriter' to 'senior underwriter' or 'team lead.' This shows a track record of trust and increased responsibility.

Think through your work history and identify moments where you guided others or made key decisions. Even if you're unsure, consider times when you acted as a go-to person for advice or coordination. These experiences can show leadership qualities that are valuable in underwriting roles.

You need to show you have the right skills for a loan underwriter job. Here is a list of skills you should consider. You may not need all of them, but pick those that fit your experience and the job you want.

• Risk assessment
• Financial analysis
• Credit analysis
• Regulatory compliance
• Loan processing software
• Detail-oriented
• Decision-making
• Underwriting guidelines
• Documentation review
• Data analysis tools

Include these skills in a separate section on your resume. This makes it easy for hiring managers and Applicant Tracking Systems (ATS) to see your qualifications. ATS is a tool that helps managers find good candidates. It looks for keywords like the ones above.

It is good to show numbers that prove your skill. For example, how much money you saved a company by finding a problem in a loan application. If you have worked with loan origination systems, name them. This shows you can start the job with less training.

When you show your impact with numbers, you make your achievements clear and measurable. Metrics can highlight your ability to manage risk, assess financial documents, and contribute to the success of your team.

Consider these specific ways to quantify your experience:

• Include the number of loan applications you assess daily or monthly to show your efficiency.
• State the total value of loans you've underwritten to demonstrate the scale of your responsibility.
• Show percentage reduction in processing time after you implemented a new system or practice.
• Highlight loan default rates if you've contributed to lowering them through your thorough risk assessments.
• Mention customer satisfaction scores if you've interacted with clients and improved their experience.
• Detail any increase in approved loans while maintaining low default rates to show your balance between sales and risk management.
• Report on compliance accuracy, for example, a 99% accuracy rate in documentation, showcasing your attention to detail.

Even if you're unsure about exact numbers, you can estimate based on your knowledge of your work. For example, if you know you process loans more quickly than your peers, you might estimate a 20% faster processing time. Just be ready to explain how you arrived at your estimate during an interview.

When you apply for underwriting roles, think about the company size. Big banks like Wells Fargo or JPMorgan Chase expect you to show you can handle volume and complexity. You should highlight your experience with large-scale loan portfolios. Mention specific tools or systems you have used, like automated underwriting software.

On the other hand, if you're applying to smaller firms or startups, such as a local credit union or a fintech startup like SoFi, they might value your ability to take on multiple roles. In this case, talk about your flexibility and direct customer interaction skills. Show you understand the unique needs of smaller businesses.

• For large corporations: 'Managed a diverse loan portfolio of over $500 million with strong attention to risk management.'
• For small companies/startups: 'Adapted underwriting processes to meet the dynamic needs of growing business clientele.'