Senior Credit Underwriter - Remote Position

Senior Credit Underwriter - Remote Position

Your Impact:

This primary responsibility for this role is to evaluate and underwrite larger Pro customer’s credit requests. The secondary responsibility is to partner with our third-party financing vendors to ensure decision accuracy and consistency that support our objectives to maximize sales while maintaining portfolio health. The position will also work with internal and external partners to implement risk and underwriting program enhancements. The role has no direct reports and is critical to Lowe’s because it will support the broader enterprise initiative to become the #1 omnichannel home improvement retailer.

What you will do:

• Evaluate and underwrite larger Pro customer’s credit requests. Prepares credit packages and approves qualifying customers for appropriate lines within assigned credit authority.
• Prepare credit packages and escalates decisions outside of assigned credit policy to leadership.
• Working with vendor underwriting team, ensures policies and processes support the high credit line needs of our various Pro Customers. Educates internal and external stakeholders on business to business credit as it relates to the Pro customer.
• Assist field teams and leadership in escalated credit decisions and make credit recommendation and/or process improvements. Recommends qualifying customers for appropriate lines via the company’s recourse facility.
• Presents findings, in writing, in a clear and concise manner
• Support program enhancements and new programs by providing solutions that support the credit needs of the business as well as comply with all regulatory rules.
• Partner with Asset Protection to implement policies and processes to protect our customers and company for fraud loss.
• Acts as internal credit evangelist to build awareness and execution of programs.
• Other duties as assigned

Required Qualifications:

• Bachelor's Degree in Business, finance, or related field
• 5 Years of retail experience and/or familiarity with business credit and practices
• Business to Business / Small Business Lending / Credit risk / underwriting experience
• Ability to read and interpret credit reports and financial statements
• Experience in Microsoft Office suite of programs

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.

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.