Credit counselor vs commercial underwriter

Differences between credit counselor and commercial underwriter duties and responsibilities

Credit counselor example responsibilities.

• Manage accounting operations, accounting close, account reporting and reconciliations.
• Conduct underwriting reviews on FHA, VA, and other conforming and non-conforming loans within proper authority limits.
• Gain thorough knowledge of FDCPA laws.
• Complete in-service trainings, CPR training and medication certification course.
• Determine services and assistance need through individual counseling for credit cards and for clients that are at risk for foreclosure.
• Perform comprehensive financial assessment of homeowners facing financial crisis and at risk of foreclosure.
Show more

Commercial underwriter example responsibilities.

• Handle new and renewal multi-line policies.
• Quoted new business and handle multi-line commercial accounts for this retailer.
• Front office administration; maintain A/R and A/P for 1000+ commercial lines clients and 2000+ personal lines clients.
• Market banking services to individuals, as well as to small businesses and corporations through networking and cross-selling.
• Update loan origination systems to ensure that pipeline reports reflect the most current status for active loan in process.
• Work along with the owner and accounting staff on all financial matters, A/R, A/P, payroll, and taxes.
Show more