Loan Underwriter Jobs in Florham Park, NJ
A Loan Underwriter in the banking industry is responsible for evaluating and approving or rejecting loan applications based on the borrower's creditworthiness. They assess the risk involved in lending money to a particular borrower by scrutinizing their financial information, including credit history, income, employment stability, and debt-to-income ratio. They also establish lending terms and conditions, ensure compliance with regulatory standards, and communicate decisions and related information to applicants and loan officers. Since loan underwriting involves significant decision making, it plays a crucial role in maintaining the financial health and sustainability of a bank.
Prior to their role as a Loan Underwriter, an individual may have experience as a Loan Processor, Credit Analyst, or Financial Advisor. These positions help to build a solid foundation in credit analysis, risk assessment, and financial advisory, which are essential skills for Loan Underwriters. Loan Underwriters should have strong analytical, decision-making, and communication skills. They should also possess a detailed knowledge of credit and lending procedures, as well as relevant regulatory standards. Certifications such as the Mortgage Loan Originator (MLO) license or Certified Mortgage Underwriter (CMU) can enhance their credibility and career prospects in the industry.
Commercial Real Estate Underwriter/Portfolio Manager
- New York, NY (21 miles from Florham Park, NJ)
- 11 days ago
- New York, NY (21 miles from Florham Park, NJ)
- 11 days ago
Commercial Real Estate Underwriter/Portfolio ManagerCountry: United States of America Your Journey Starts Here: Santander is a global leader and innovator in the financial services industry. We...
Specialty Finance Senior Underwriter - Mid-Corporate & Sponsor Finance
- New York, NY (21 miles from Florham Park, NJ)
- 20 hours ago
- New York, NY (21 miles from Florham Park, NJ)
- 20 hours ago
Demonstrated knowledge of legal documentation for cash flow lending transactions, including credit agreements, intercreditor agreements, and security instruments....
Underwriter-Commercial Real Estate Banking
- New York, NY (21 miles from Florham Park, NJ)
- 2 days ago
- New York, NY (21 miles from Florham Park, NJ)
- 2 days ago
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...
- Fairfield, NJ (8 miles from Florham Park, NJ)
- 3 days ago
- Fairfield, NJ (8 miles from Florham Park, NJ)
- 3 days ago
Responsibilities include, but are not limited to: Underwrite Indirect - Direct Consumer Loans, Build/Maintain Relationships with Dealers, Branches and Sales Teams. Interact with all Consumer Loan...
Associate Manager, Loan Operations
- New York, NY (21 miles from Florham Park, NJ)
- 3 days ago
- New York, NY (21 miles from Florham Park, NJ)
- 3 days ago
.: fund accounting, operations, OTC operations and OTC Pricing) relative to loan processing Serving as informational resource for loan products to SS&C GlobeOp clients and internal departments Train...
Senior Underwriter - Seneca Specialty Package NY E & S
- New York, NY (21 miles from Florham Park, NJ)
- 4 days ago
- New York, NY (21 miles from Florham Park, NJ)
- 4 days ago
Crum & Forster Company Overview Crum & Forster (C&F), with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus...
Lead Product Manager Loan Originations
- New York, NY (21 miles from Florham Park, NJ)
- 8 days ago
- New York, NY (21 miles from Florham Park, NJ)
- 8 days ago
OneMain is the largest non-bank lender in the United States,proudly serving millions of customers with safe, affordable, and transparent installment loans....
- New York, NY (21 miles from Florham Park, NJ)
- 8 days ago
- New York, NY (21 miles from Florham Park, NJ)
- 8 days ago
Understanding of credit processes, such as loan origination and underwriting; portfolio management and CECL....
Senior Underwriter, Excess Casualty - Construction
- New York, NY (21 miles from Florham Park, NJ)
- 13 days ago
- New York, NY (21 miles from Florham Park, NJ)
- 13 days ago
This is an opportunity to join Ascot Group - one of the world's preeminent specialty risk underwriting organizations. Designed as a modern-era company operating through an ecosystem of...
Senior Credit Underwriter (CRE)
- New York, NY (21 miles from Florham Park, NJ)
- 14 days ago
- New York, NY (21 miles from Florham Park, NJ)
- 14 days ago
Work collaboratively with Lending Officers throughout the transaction process, ensuring financials are complete, accurate and received in a timely manner....
Remote Work- New York, NY (21 miles from Florham Park, NJ)
- 15 days ago
- New York, NY (21 miles from Florham Park, NJ)
- 15 days ago
ABS servicer / CLO manager / Direct Lender evaluation and due diligence, internal rating analysis, stress testing, and adherence to bank policies and procedures....
Account Executive Officer/Sr. Underwriter, National Accounts
- New York, NY (21 miles from Florham Park, NJ)
- 16 days ago
- New York, NY (21 miles from Florham Park, NJ)
- 16 days ago
Who Are We? Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property...
Account Executive Officer/Sr. Underwriter, National Accounts
- New York City, NY (21 miles from Florham Park, NJ)
- 18 days ago
- New York City, NY (21 miles from Florham Park, NJ)
- 18 days ago
Who Are We? Taking care of our customers, our communities and each other. Thats the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property...
- New York, NY (21 miles from Florham Park, NJ)
- 22 days ago
- New York, NY (21 miles from Florham Park, NJ)
- 22 days ago
The Property and Casualty Underwriter is responsible for managing a portfolio of accounts and driving new and renewal business opportunities for Property and Casualty insurance. The role assesses...
- New York, NY (21 miles from Florham Park, NJ)
- 30+ days ago
- New York, NY (21 miles from Florham Park, NJ)
- 30+ days ago
Experience in asset-based lending (ABL) is a plus. Experience with healthcare industry write-ups is a plus....
Demographic Data for Florham Park, NJ
Moving to Florham Park, NJ? Find some basic demographic data about Florham Park, NJ below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Florham Park, NJ
Highest Education Level
Loan Underwriters in Florham Park, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Marketing & Sales
- Property and Casualty Insurance
- CPCU
- Certified Insurance Counselor
- Umbrella Insurance
- Mortgage Lending
- Loan Origination
- Lending
- Consumer Lending
- Federal Housing Administration
- Federal National Morgage Association
- Loan Documentation
- Credit Underwriting
- Commercial Banking
- Jumbo Loans
- FHLMC
- BSA
- Loan Review
- Conventional Loans
- Commercial Lending
- Loan Processing
- Freddie Mac
- Private Banking
- Cross Selling
- OFAC
- Fannie Mae
- Mortgage Processing
- Financial Services
- Credit Analysis
- Cash Flow Analysis
- Mortgage Underwriting
- Balance Sheets
- Underwriting
- Financial Statements
- Appraisal
- Risk Analysis
- Due Diligence
- Financial Analysis
- Real Estate
- Closing
- Finance
- Process Improvement
- Quality Control
- Accounting
- Written Communication
- Negotiation
- Verbal Communication
- Mentoring
- Documentation
- Reporting
- Collaboration
- Policy Development
- Coaching
- Filing
- Bachelor's Degree
- Regulations
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Sales
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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