Credit Underwriter (Remote)

Your Impact:

The primary responsibility of the role is to evaluate and underwrite larger Pro customer's credit requests using a wide range of credit information and tools.  Additionally, the role will partner with Lowe's third-party financing vendors to ensure decision accuracy and consistency.  

The goal of the role is to maximize sales while maintaining a heathy credit portfolio while managing credit risk.  The position will work with internal and external partners to implement risk and underwriting program enhancements.  The position is critical to Lowe's as it supports the broader enterprise initiative to grow Pro market share.

What you will do:

Evaluates and underwrites large Pro customer credit requests. Prepares credit packages and approve qualifying customers for appropriate lines within assigned credit authority.Prepares credit packages and escalate decisions outside of assigned credit policy authority to leadership.Partners with the sales team and customers to obtain necessary credit information to make an informed decision.Works with the vendor underwriting team to ensure policies and processes support the high credit line needs of Lowe's various Pro customers.Educates internal and external stakeholders on business to business credit as it relates to Pro customers.Assists field teams and leadership in escalated credit decisions and make credit recommendations and/or improvements to the process.Recommends qualifying customers for appropriates lines of credit via the company's recourse facility.Presents findings, in writing, in a clear and concise manner.Supports program enhancements and new programs by providing solutions that support the credit needs of the business, as well as ensuring compliance with all regulatory rules and regulations.Partners with Asset Protection to implement policies and process to protect Lowe's customers and the company from fraud loss.Acts as an internal credit evangelist to build awareness and execution of programs.

Required Qualifications:

Bachelor's Degree Business, Finance or related field3-5 Years Business to business finance/credit experience and/or familiarity with business credit and practices3-5 Years Retail experienceBusiness to business/small business lending/credit risk/underwriting experience including financial statement analysis.

Preferred Qualifications:

Lien based lending experienceCBA/BCF/CCENACM Certification

About Lowe’s

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 16 million customer transactions a week in the United States. With total fiscal year 2023 sales of more than $86 billion, Lowe’s operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.

Pay Range: $70,400.00 - $117,400.00 annually

Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit our benefits page.

Lowe's hourly remote associates cannot reside in Alaska, California or Hawaii. Lowe's salaried remote associates cannot reside in Alaska or Hawaii.

Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.

Qualified applicants with arrest or conviction records will be considered for Employment in accordance with applicable laws, including the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles Fair Chance Ordinance, the San Francisco Fair Chance Ordinance, and the California Fair Chance Act.

Lowe’s believes that conviction records may have a direct, adverse, and negative relationship to the following job duties: accessing company property, assets, information and products; partnering, supervising, and regularly working with other Lowe’s employees; and adhering to and monitoring compliance and safety guidelines.