Minimum of 8 years underwriting experience with conventional, VA, FHA, Jumbo, and Community Development products.
At least 5 years of management experience overseeing teams.
Strong understanding of Mortgage Lending products and compliance regulations.
Ability to analyze and interpret underwriting trends.
Responsibilities
Lead and manage underwriters and appraisal analysts to meet pipeline metrics.
Develop and maintain knowledge of Mortgage Lending products and policies.
Ensure compliance with risk management policies and regulations.
Monitor underwriting trends and provide coaching and training.
Prepare and analyze trending reports for decision-making.
Conduct second-tier reviews of underwriting decisions.
Assist in structuring complex loans and exception vetting.
Benefits
Opportunities for professional development and mentorship.
Collaborative work environment with cross-departmental relationships.
Focus on team success and high performance.
Engagement in complex problem-solving and decision-making.
Full Job Description
As part of this role you will:
Lead and manage assigned underwriters and appraisal analyst to ensure that pipeline metrics and quality guidelines are met and appropriate decisions are rendered within risk parameters established by the Bank and/or investor.
Develop and maintain a strong understanding of Mortgage Lending products, policies, processes, and their required documentation, to include applicable updates and changes to procedures.
Ensure the adherence to all appropriate risk management policies, procedures, controls and compliance regulations.
Monitor underwriting trends and provide appropriate feedback, coaching and/or training as needed.
Prepare and analyst applicable trending reports.
Conduct second tier reviews as required.
Assist with structuring more difficult and complex loans and aid in exception vetting.
Act as an escalation point between other operational departments and sales.
Develop team's relationship with other operational departments and sales.
Recruit, develop, mentor and retain high-performing teammates to ensure ongoing success in meeting department goals.
Manage day-to-day operations of assigned underwriters and appraisal analyst.
To be successful in this position, we require the following:
High School Diploma or equivalent (GED).
A minimum of eight (8) years of experience underwriting conventional, VA, FHA, Jumbo and Community Development products, plus five (5) years of experience managing others.
The following would be a plus:
Bachelor's degree in Business or a related field of study.