Loan Underwriter Jobs in Riverdale, 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.
Surety Underwriter or Senior Underwriter, Commercial Surety
- Liberty Mutual Insurance
- New York, NY (23 miles from Riverdale, NJ)
- 11 days ago
- Liberty Mutual Insurance
- New York, NY (23 miles from Riverdale, NJ)
- 11 days ago
Schedule: Full-Time Salary Range: USD $75000.00 - $194000.00 Job Category: Underwriting Description Liberty Mutual Surety is currently recruiting for a Senior Surety Underwriter to join our New...
- New York, NY (23 miles from Riverdale, NJ)
- 1 day ago
- New York, NY (23 miles from Riverdale, NJ)
- 1 day ago
There will be significant contact with for-profit and not-for-profit developers and affordable housing lenders with exposure to a wide range of projects throughout New York State....
Commercial Real Estate Underwriter/Portfolio Manager
- New York, NY (23 miles from Riverdale, NJ)
- 2 days ago
- New York, NY (23 miles from Riverdale, NJ)
- 2 days ago
Commercial Real Estate Underwriter/Portfolio Manager Country: United States of America Your Journey Starts Here: Santander is a global leader and innovator in the financial services industry. We...
- New York, NY (23 miles from Riverdale, NJ)
- 2 days ago
- New York, NY (23 miles from Riverdale, NJ)
- 2 days ago
Expert knowledge of credit and lending policies. Demonstrated relationship management and leadership skills....
National Account Excess Casualty Underwriter (Senior or AVP)
- New York, NY (23 miles from Riverdale, NJ)
- 3 days ago
- New York, NY (23 miles from Riverdale, NJ)
- 3 days ago
Zurich is seeking an experienced National Account Excess Casualty Underwriter (Senior or AVP). We are looking for talented professionals to join our Atlanta, New York and Chicago office. While...
Senior Underwriter Financial Institutions
- New York, NY (23 miles from Riverdale, NJ)
- 7 days ago
- New York, NY (23 miles from Riverdale, NJ)
- 7 days ago
At Coaction, we're a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually...
US Corporate Underwriter - Senior Vice President
- New York, NY (23 miles from Riverdale, NJ)
- 8 days ago
- New York, NY (23 miles from Riverdale, NJ)
- 8 days ago
Strong understanding of policies, procedures, compliance and approval process at a Corporate Bank, including comprehension of US lending regulations....
VP, CUSO Compliance Risk Assessment Officer
- New York, NY (23 miles from Riverdale, NJ)
- 10 days ago
- New York, NY (23 miles from Riverdale, NJ)
- 10 days ago
Summary: The Compliance Department at Credit Agricoleas Combined US Operations (CUSO) seeks an individual to join the department and report to the CUSO Head of Central Compliance, being...
Regional Credit Approval Officer
- New York, NY (23 miles from Riverdale, NJ)
- 10 days ago
- New York, NY (23 miles from Riverdale, NJ)
- 10 days ago
Job Description 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...
Senior Manager, Underwriter Senior Manager, Underwriter
- New York, NY (23 miles from Riverdale, NJ)
- 15 days ago
- New York, NY (23 miles from Riverdale, NJ)
- 15 days ago
combination of the three in the field of affordable housing or commercial real estate Preferred Qualifications: Master's degree in Finance, Real Estate, or a related field Experience with construction lending...
Underwriter (Real Estate, Loan & Credit)
- New York, NY (23 miles from Riverdale, NJ)
- 17 days ago
- New York, NY (23 miles from Riverdale, NJ)
- 17 days ago
One of our Financial Clients in NYC, is urgently looking for a Loan Underwriter....
AVP - VP, Senior Underwriter Portfolio Manager-ABL (hybrid) NY, NJ
- New York, NY (23 miles from Riverdale, NJ)
- 18 days ago
- New York, NY (23 miles from Riverdale, NJ)
- 18 days ago
The AVP - VP, Underwriting Portfolio Manager - Asset Based Lending is responsible for the underwriting as well as portfolio management of Asset Based Lending (ABL) financing transactions....
Underwriter/Senior Underwriter II - Asset Based Finance
- New York, NY (23 miles from Riverdale, NJ)
- 22 days ago
- New York, NY (23 miles from Riverdale, NJ)
- 22 days ago
of corporate lending transactions for the AB Sr....
Specialty Finance Senior Underwriter - Mid-Corporate & Sponsor Finance
- New York, NY (23 miles from Riverdale, NJ)
- 28 days ago
- New York, NY (23 miles from Riverdale, NJ)
- 28 days ago
Demonstrated knowledge of legal documentation for cash flow lending transactions, including credit agreements, intercreditor agreements, and security instruments....
Senior Underwriter - Seneca Specialty Package NY E & S
- New York, NY (23 miles from Riverdale, NJ)
- 30+ days ago
- New York, NY (23 miles from Riverdale, NJ)
- 30+ 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...
Demographic Data for Riverdale, NJ
Moving to Riverdale, NJ? Find some basic demographic data about Riverdale, NJ below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Riverdale, NJ
Required or preferred licenses and certifications for Loan Underwriter positions.
Highest Education Level
Loan Underwriters in Riverdale, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Driving
- CPCU
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- Tila Respa Integrated Disclosures
- Conventional Loans
- Commercial Lending
- BSA
- Loan Processing
- Federal National Morgage Association
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- Cross Selling
- OFAC
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Cash Flow Analysis
- USDA
- Underwriting
- Anti-Money Laundering
- Financial Statements
- Portfolio Management
- Financial Modeling
- Appraisal
- Due Diligence
- Financial Analysis
- File Management
- Real Estate
- Risk Management
- Closing
- Finance
- Decision Making
- Analytical Skills
- Negotiation
- Accounting
- Written Communication
- Documentation
- Coaching
- Verbal Communication
- Mentoring
- Collaboration
- Filing
- Policy Development
- Bachelor's Degree
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Underwriter Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »