Job Summary
Bonus/Commission
No
Job Description

Our client seeks an Underwriting Manager and will supervise two direct reports and work closely with their real estate lending and consumer lending departments.

Job Summary: Direct the activities and perform daily management of the underwriting team. Manage the lending risk consistent with the organization's philosophy. Review loan applications to analyze for credit quality and program acceptance. Maintain adherence to mortgage loan investor guidelines. Monitor underwriting effectiveness and maintain relations with internal employees, sales staff, and external investors. Perform direct support activities of SVP, Lending. Essential Duties and Responsibilities:

  • Evaluate residential mortgage and consumer loans risk based on sound underwriting decisions
  • Provide coaching and support to direct reports
  • Manage consumer loan underwriting
  • Manage collection function for all loan types
  • The lead loan audit function
  • Approve first and second mortgage loan requests
  • Organize and monitor loan files to ensure timely processing
  • Assist in product development and vendor procurement
  • Interface/correspond directly with credit union business partners
  • Manage automated underwriting systems – DU and LP
  • Monitor and adhere to mortgage loan investor requirements
  • Ensure loan compliance at the State and Federal level
  • Submit loan files to an investor for approval 
  • Assist Loan Originators with loan fulfillment
  • Responsible for exceptional member service to every member, internal and external, every time by adhering to the service model
  • Adhere to all credit union policies and procedures
  • Other duties as assigned

Core Values:

  • Member Service Standards – Focus on the member; maintain and enhance self-esteem; listen to show understanding (acknowledging, paraphrasing, and empathizing); maintain personal responsibility; manage complaints effectively; resolve a co-worker’s problem
  • Adaptability – Maintaining effectiveness when experiencing major changes in work tasks or the work environment; adjusting effectively to work within new work structures, process, requirements, or cultures
  • Initiative – Taking prompt action to accomplish objectives; taking action to achieve goals beyond what is required; being proactive; originating action to improve existing conditions and processes
  • Integrity – Maintaining, promoting, and modeling social, ethical, and organizational norms; firmly adhering to codes of conduct and ethical principals
  • Teamwork – Working effectively and cooperatively with others; establishing and maintaining good working relationships with internal and external partners to facilitate the accomplishment of work goal
  •  

Required:

  • High School Diploma or equivalent
  • Preferred: Bachelor’s degree in Business Administration/Management or related field Experience:
  • Required: Minimum of three (3) years of residential mortgage underwriting experience. Minimum of two (2) years of supervisory experience in an underwriting capacity.
  • Preferred: Five years of residential mortgage underwriting and management experience. Knowledge of FNMA/FHLMC. Knowledge/Skills:
  • Ability to perform analysis of loan requests
  • Ability to organize workflow, prioritize and meet deadlines
  • Ability to communicate effectively with co-workers and members
  • Knowledge of various credit union products, services, policies, and procedures
  • Strong attention to detail and accuracy
  • Basic knowledge of FNMA and FHLMC secondary market requirements
  • Operating knowledge of secondary market automated underwriting systems
  • Travel Requirements: N/A Physical Demands:
  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations can be made to enable individuals with disabilities to perform the essential functions.
  • While performing the duties of this job, the employee is regularly required to sit, talk, hear, and use hands and fingers to operate a computer, telephone, and general office equipment. The employee may have to lift up to 10 pounds on occasion.

 

 

Quick Apply

Job ID: 289729650

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