Loan Underwriter Jobs in Hoboken, 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.
- New York, NY (1 mile from Hoboken, NJ)
- 1 day ago
- New York, NY (1 mile from Hoboken, NJ)
- 1 day ago
We're seeking a detail-oriented professional skilled in underwriting complex transactionsideally with experience in the apparel industry and asset-based lending structures....
Senior Underwriter, Construction SDI
- New York, NY (1 mile from Hoboken, NJ)
- 2 days ago
- New York, NY (1 mile from Hoboken, NJ)
- 2 days ago
In this challenging position you will be responsible for underwriting Subcontractor Default Insurance (SDI) and related products. Communication and negotiations will be part of the day-to-day...
- New York, NY (1 mile from Hoboken, NJ)
- 3 days ago
- New York, NY (1 mile from Hoboken, NJ)
- 3 days ago
Provides effective communication of findings to lending staff, bank management and loan review management....
Senior Underwriter, Environmental Casualty
- New York, NY (1 mile from Hoboken, NJ)
- 3 days ago
- New York, NY (1 mile from Hoboken, NJ)
- 3 days ago
Join us as a Senior Underwriter, Environmental Casualty to make a greater impact through your technical expertise and people skills. This could be the ideal chance to step up into your first...
- Morristown, NJ (24 miles from Hoboken, NJ)
- 4 days ago
- Morristown, NJ (24 miles from Hoboken, NJ)
- 4 days ago
Company Details Berkley Aspire is an excess & surplus lines insurer of commercial risks unable to find a home in the standard markets. We are an operating unit of WR Berkley, a publicly traded...
Regional Credit Approval Officer
- New York, NY (1 mile from Hoboken, NJ)
- 8 days ago
- New York, NY (1 mile from Hoboken, NJ)
- 8 days ago
Job Description As a Regional Credit Approval Officer, you will be responsible for assessing and managing the credit risk of commercial real estate lending transactions, working closely and collaboratively...
- New York, NY (1 mile from Hoboken, NJ)
- 10 days ago
- New York, NY (1 mile from Hoboken, NJ)
- 10 days ago
This role is responsible for managing all investor and agency audit responses, overseeing documentation flow across underwriting and operations, handling lender self-reporting requirements, and coordinating...
Director, Senior Underwriter/Credit Risk Officer Private Equity/Hedge Funds
- New York, NY (1 mile from Hoboken, NJ)
- 10 days ago
- New York, NY (1 mile from Hoboken, NJ)
- 10 days ago
Funds The Credit Risk Manager will lead the underwriting, spanning various products including subscription call facilities, Fund Financing, FX Hedging, Derivatives, Prime Brokerage, and structured lending...
Associate Manager, Loan Operations
- New York, NY (1 mile from Hoboken, NJ)
- 11 days ago
- New York, NY (1 mile from Hoboken, NJ)
- 11 days ago
As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial...
Commercial Credit Underwriter III- Small Business Healthcare
- Ramsey, NJ (22 miles from Hoboken, NJ)
- 17 days ago
- Ramsey, NJ (22 miles from Hoboken, NJ)
- 17 days ago
& Commercial Banking Job Description: The Commercial Credit Underwriter III analyzes, underwrites and may act as the final decision authority on commercial loan applications while following sound lending...
Leveraged Finance Senior Underwriter (C15/Director) New York, NY
- New York, NY (1 mile from Hoboken, NJ)
- 20 days ago
- New York, NY (1 mile from Hoboken, NJ)
- 20 days ago
underwriting end-to-end processes Lead responses and defend credits during Global Credit Reviews, Internal Audits, and Regulatory Reviews Remain current on relevant Leveraged Lending market trends...
Specialty Finance Senior Underwriter - Fund Finance
- New York, NY (1 mile from Hoboken, NJ)
- 23 days ago
- New York, NY (1 mile from Hoboken, NJ)
- 23 days ago
Qualifications: Bachelor's degree in business-related field and minimum 7 years' underwriting / credit / commercial banking / lending Experience preferably in middle market banking; or equivalent combination...
Commercial Credit Senior Underwriter II
- New York, NY (1 mile from Hoboken, NJ)
- 23 days ago
- New York, NY (1 mile from Hoboken, NJ)
- 23 days ago
SCOPE The Commercial Credit Underwriting Department is responsible to provide an independent credit quality assessment of the Bank's commercial clients....
Senior Underwriter - Healthcare
- New York, NY (1 mile from Hoboken, NJ)
- 24 days ago
- New York, NY (1 mile from Hoboken, NJ)
- 24 days ago
Support the Healthcare lending team with expertise in structuring, analysis, and credit documentation for Healthcare credit actions....
VP, Senior Underwriter-CMS (hybrid)
- New York, NY (1 mile from Hoboken, NJ)
- 26 days ago
- New York, NY (1 mile from Hoboken, NJ)
- 26 days ago
Leads special projects as needed to facilitate CMS lending activities and service capabilities and may act in a leadership role to less experienced underwriters in the work group....
Demographic Data for Hoboken, NJ
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Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Hoboken, NJ
Highest Education Level
Loan Underwriters in Hoboken, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Military Background
- Reimbursement
- CPCU
- Mortgage Lending
- Loan Origination
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Conventional Loans
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Credit Underwriting
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Mortgage Underwriting
- Financial Services
- USDA
- Cash Flow Analysis
- Underwriting
- Internal Control
- Financial Statements
- Fraud Investigation
- Taxes
- Portfolio Management
- Appraisal
- Financial Analysis
- Resolution
- Real Estate
- Relationship Management
- Finance
- Process Improvement
- Analytical Skills
- Accounting
- Quality Control
- Negotiation
- Auditing
- Collaboration
- Mentoring
- Documentation
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Communication Skills
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