Loan Underwriter Jobs in Moonachie, 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.
Power, Clean Energy Transition, Chemicals, NAM Credit Underwriter - (C14/SVP) NYC
- New York, NY (6 miles from Moonachie, NJ)
- 1 day ago
- New York, NY (6 miles from Moonachie, NJ)
- 1 day ago
This role reports directly to the Global Head of Natural Resources Corporate Credit Underwriting....
Lead Commercial Real Estate Underwriter
- New York, NY (6 miles from Moonachie, NJ)
- 2 days ago
- New York, NY (6 miles from Moonachie, NJ)
- 2 days ago
Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: 5+ years of agency lending...
- New York, NY (6 miles from Moonachie, NJ)
- 5 days ago
- New York, NY (6 miles from Moonachie, NJ)
- 5 days ago
Cadence Bank: A distinctive beat. A unique rhythm. A synchronized harmony. Cadence Bank strives to innovate by promoting fresh ideas, making technology accessible, and combining high tech with...
- New York, NY (6 miles from Moonachie, NJ)
- 5 days ago
- New York, NY (6 miles from Moonachie, NJ)
- 5 days ago
Primary Purpose: Primary duty is to analyze, underwrite and decision credit decisions submitted by various lines of business within the Bank. Credit Underwriter has a working knowledge of small...
US Corporate Underwriter - Senior Vice President
- New York, NY (6 miles from Moonachie, NJ)
- 5 days ago
- New York, NY (6 miles from Moonachie, NJ)
- 5 days ago
Strong understanding of policies, procedures, compliance and approval process at a Corporate Bank, including comprehension of US lending regulations....
Mortgage Loan Underwriter Senior
- New York, NY (6 miles from Moonachie, NJ)
- 7 days ago
- New York, NY (6 miles from Moonachie, NJ)
- 7 days ago
MORTGAGE LOAN UNDERWRITER SENIOR* WHAT IS THE OPPORTUNITY?...
Business Banking Commercial Real Estate Underwriter Portfolio Manager IV
- Short Hills, NJ (15 miles from Moonachie, NJ)
- 8 days ago
- Short Hills, NJ (15 miles from Moonachie, NJ)
- 8 days ago
Required Skills/Experience: 10+ years of experience and exhibited competency in various aspects of commercial real estate lending and/or portfolio management including financial analysis and credit...
Business Banking Commercial Real Estate Underwriter Portfolio Manager IV
- Iselin, NJ (22 miles from Moonachie, NJ)
- 9 days ago
- Iselin, NJ (22 miles from Moonachie, NJ)
- 9 days ago
Required Skills/Experience: 10+ years of experience and exhibited competency in various aspects of commercial real estate lending and/or portfolio management including financial analysis and credit...
- New York, NY (6 miles from Moonachie, NJ)
- 15 days ago
- New York, NY (6 miles from Moonachie, NJ)
- 15 days ago
Job Description We are seeking a Senior Underwriter with a strong background in Middle Market lending to join our Credit Underwriting team....
Commercial Credit Approval Officer I - C3 New Money
- New York, NY (6 miles from Moonachie, NJ)
- 16 days ago
- New York, NY (6 miles from Moonachie, NJ)
- 16 days ago
Line of Business: Personal & Commercial Banking Job Description: The Commercial Credit Approval Officer I acts as the final decision authority on commercial loan applications while following sound lending...
- New York, NY (6 miles from Moonachie, NJ)
- 17 days ago
- New York, NY (6 miles from Moonachie, NJ)
- 17 days ago
We are seeking a Loan Manager to manage a portfolio of complex debt investments collateralized by commercial real estate operating properties. Said properties include transitional / value-add...
- New York, NY (6 miles from Moonachie, NJ)
- 17 days ago
- New York, NY (6 miles from Moonachie, NJ)
- 17 days ago
required; Act as credit conduit for loan originators and Real Estate Investment Strategies for new loan requests; Responsible for aiding in training originators on Real Estate Investment Strategies lending...
- New York, NY (6 miles from Moonachie, NJ)
- 19 days ago
- New York, NY (6 miles from Moonachie, NJ)
- 19 days ago
Experience with commercial lending concepts. Knowledge, Skills, and Abilities Strong computer skills, including working knowledge of Microsoft Office Suite....
Credit Underwriter - Vice President
- New York, NY (7 miles from Moonachie, NJ)
- 22 days ago
- New York, NY (7 miles from Moonachie, NJ)
- 22 days ago
Collaboration - Collaborate with all other cross functional groups as needed to ensure that credit underwriting and portfolio management activities are approved in a timely manner....
Commercial Credit Underwriter/Portfolio Manager II
- New York, NY (6 miles from Moonachie, NJ)
- 23 days ago
- New York, NY (6 miles from Moonachie, NJ)
- 23 days ago
Overview: Evaluate, monitor, and assess the credit risks of complex commercial clients and higher dollar loans (typically $10MM and greater) through detailed financial statement analysis, industry...
Demographic Data for Moonachie, NJ
Moving to Moonachie, NJ? Find some basic demographic data about Moonachie, NJ below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Moonachie, NJ
Highest Education Level
Loan Underwriters in Moonachie, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Reimbursement
- Mortgage Lending
- Federal National Morgage Association
- Loan Origination
- Consumer Lending
- Lending
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- BSA
- Loan Documentation
- Loan Review
- Conventional Loans
- Know Your Customer
- Commercial Banking
- FHLMC
- Commercial Lending
- Freddie Mac
- Loan Processing
- Credit Underwriting
- Mortgage Processing
- Treasury Management
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- Financial Services
- USDA
- Loan Servicing
- Balance Sheets
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Portfolio Management
- Taxes
- Financial Analysis
- Resolution
- Real Estate
- Customer Satisfaction
- Finance
- Closing
- Accounting
- Process Improvement
- Quality Control
- Decision Making
- Verbal Communication
- Auditing
- Documentation
- Mentoring
- Reporting
- Regulations
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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