Underwriter II

Title: Underwriter II - Indirect Underwriter

Location: Melbourne United States

Job category: Team Members 2

Requisition number: UNDER003378

• Full-time
• Hybrid

• Locations

  Showing 1 location

  BAYTREE HEADQUARTERS
  8045 North Wickham Road
  Melbourne, FL 32940, USA

Job Description:

At Space Coast Credit Union (SCCU), our members are at the heart of everything we do. Since 1951, we've been committed to delivering financial services founded on integrity and a people-first philosophy.

As an Underwriter II in our Melbourne Headquarters you'll play a vital role in delivering quality, timely, and thorough underwriting for the Credit Union. Your primary focus will be on indirect loan applications; approving or rejecting within limit of authority. You will communicate directly with automotive dealer employees on loan decisions and program guidelines. You will provide exceptional quality service to members and SCCU Team Members.

Why Join SCCU?

• Member-Focused Mission: Be part of a not-for-profit organization that reinvests in its members.
• Hybrid and Flexible Schedule Options: This position is Hybrid with 2 days per week required in office.
• Career Growth: We prioritize internal promotions and offer on-the-job training.

Underwriter II Key Responsibilities

• Analyzes loan applications, credit bureau reports, collateral evaluation, member account data, financial statements, tax returns, and other loan documentation in order to make consistent, sound, lending decision.
• Communicates directly with dealer employees on loan decisions and negotiates with them to mitigate the risk associated with the application. Clearly explains reasons for stipulating or denying the loan request.
• Effectively educates dealer employees on indirect program guidelines and strengthens dealer relationships through regular verbal and written communication.
• Maintains higher credit authority and decisions larger or more complicated loans.
• Maintains loan approval portfolio delinquency and charge-off ratios within established standards.
• Reviews, evaluates and properly documents decisions on loan applications within established standards.
• Assists with underwriting other Consumer Loan products as needed.

Underwriter II Requirements

• 3 to 5 years prior experience in consumer lending underwriting required with full approval/denial authority including a minimum of 2 years underwriting indirect loans through indirect dealers.
• High school diploma or equivalent experience required.

Underwriter II Compensation

• Starting Salary: $31.25 - $33.09/hour (or $65,000 - $68,835/year).
• Bonus Opportunity: Eligible for a 4% ONE SCCU Annual Bonus.

SCCU Benefits

• Health & Wellness: Medical, dental, and vision insurance, plus an Employee Assistance Program.
• Financial Perks: 401(k) match (5%), HSA match, and SCCU-paid insurance (short/long-term disability, life insurance).
• Education Support: Tuition reimbursement after one year of service.
• Generous Time Off: 20+ days of PTO, birthday PTO, and 11 federal holidays.
• Exclusive Discounts: Lower rates on loans, credit cards, and no fee SCCU accounts!

Work Schedule

• Monday - Friday: 8:00 a.m. - 6:30 p.m.
• Rotating Saturdays: 8:00 a.m. - 5:00 p.m
• This position works Holidays on a rotating basis (except Christmas, Thanksgiving, and New Years Day).

About SCCU

Since 1951, Space Coast Credit Union (SCCU) has proudly served our community, growing to over 685,000 members and managing $9 billion in assets. With 67 branches spanning Florida's east coast, we are the third-largest credit union in the state. In 2025, we expanded into Orange County to better serve the growing East Orlando market.

As a not-for-profit financial institution, SCCU is dedicated to putting our members first. Unlike traditional banks, we return profits to our members through better rates, lower fees, and enhanced services. While we offer the same financial products-like checking, savings, and loans-our focus remains on empowering our members and supporting their financial well-being. With local decision-making and a commitment to exceptional service, we strive to make a meaningful difference in the lives of those we serve.

At SCCU, we also prioritize our team members by fostering a supportive and collaborative environment that encourages career growth and development. As we continue to grow, we are seeking talented, member-focused professionals to join our team and help deliver innovative financial solutions and outstanding service.

I UNDERSTAND this application a legal document for purposes of your employment. Upon acceptance of an offer with SCCU, I UNDERSTAND that I will be required to complete background, employment verifications, and drug screening. I UNDERSTAND further that any misstatements or omissions in this application and pre-employment process can be considered falsification and will result in a decision not to hire me, or to discharge me if discovered after I am hired. I UNDERSTAND that the information requested regarding date of birth, race and sex is for the sole purpose of gathering the above information accurately, and will not be used to discriminate against me in violation of any law. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hired.

SCCU is a drug-free workplace. I understand that as a condition of my employment, I will be required to submit to any testing for the presence of drugs, and to submit to any procedure to assess my qualifications for employment. If hired, I ALSO AGREE that if I am hired, my employment is for no definite time and may be terminated at any time without prior notice.