Loan Underwriter Jobs in New York City, NY

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.

1-15 of 24 Jobs

Mortgage Underwriter I

  • New York, NY (2 miles from New York City, NY)
  • 1 day ago
  • New York, NY (2 miles from New York City, NY)
  • 1 day ago

authority Manage expected service levels related to decision and condition clearing Update information on loan origination systems to verify, add, and satisfy conditions Contact Loan Originators with...

Institutional Credit Management Commercial Real Estate Credit Underwriter, AVP

  • New York, NY (2 miles from New York City, NY)
  • 3 days ago
  • New York, NY (2 miles from New York City, NY)
  • 3 days ago

Citi continues to enhance its business control and governance framework by building out Institutional Credit Management (ICM), a new function in the 1st Line of Defense, to house and consistently...

Senior Homebuilding Loan Underwriter - New York

  • New York, NY (2 miles from New York City, NY)
  • 4 days ago
  • New York, NY (2 miles from New York City, NY)
  • 4 days ago

Finance - Best Mortgage Lenders of 2025: Best online mortgage lender Fintech Breakthrough Award: Best Lending Innovation Award Money Magazine - 8 Best Mortgage Lenders of 2025: Best for fast closing...

Underwriter/Senior Underwriter II - Asset Based Finance

  • New York, NY (2 miles from New York City, NY)
  • 4 days ago
  • New York, NY (2 miles from New York City, NY)
  • 4 days ago

of corporate lending transactions for the AB Sr....

Client Services Commercial Lines Underwriter I (Remote)

  • New York, NY (2 miles from New York City, NY)
  • 8 days ago
  • New York, NY (2 miles from New York City, NY)
  • 8 days ago

Answer incoming calls from policyholders, agents and lending institutions responding to inquiries and provide insurance counselling on coverage, routine billing questions, payment status, and making...

Remote Work

Specialty Finance Senior Underwriter - Mid-Corporate & Sponsor Finance

  • New York, NY (2 miles from New York City, NY)
  • 10 days ago
  • New York, NY (2 miles from New York City, NY)
  • 10 days ago

Demonstrated knowledge of legal documentation for cash flow lending transactions, including credit agreements, intercreditor agreements, and security instruments....

Associate Manager, Loan Operations

  • New York, NY (2 miles from New York City, NY)
  • 12 days ago
  • New York, NY (2 miles from New York City, NY)
  • 12 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 (2 miles from New York City, NY)
  • 13 days ago
  • New York, NY (2 miles from New York City, NY)
  • 13 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 (2 miles from New York City, NY)
  • 17 days ago
  • New York, NY (2 miles from New York City, NY)
  • 17 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....

Loan Review Analyst

  • New York, NY (2 miles from New York City, NY)
  • 18 days ago
  • New York, NY (2 miles from New York City, NY)
  • 18 days ago

Understanding of credit processes, such as loan origination and underwriting; portfolio management and CECL....

Commercial Real Estate Underwriter/Portfolio Manager

  • New York, NY (2 miles from New York City, NY)
  • 20 days ago
  • New York, NY (2 miles from New York City, NY)
  • 20 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...

Senior Underwriter, Excess Casualty - Construction

  • New York, NY (2 miles from New York City, NY)
  • 23 days ago
  • New York, NY (2 miles from New York City, NY)
  • 23 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...

Credit Approval Officer

  • New York, NY (2 miles from New York City, NY)
  • 24 days ago
  • New York, NY (2 miles from New York City, NY)
  • 24 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 (2 miles from New York City, NY)
  • 26 days ago
  • New York, NY (2 miles from New York City, NY)
  • 26 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
  • 27 days ago
  • New York City, NY
  • 27 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...

Demographic Data for New York City, NY

Moving to New York City, NY? Find some basic demographic data about New York City, NY below.


Local
National
20,201,017
534,422

Loan Underwriter Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Generative AI for Loan Underwriters
This course, Generative AI for Loan Underwriters, offers a cutting-edge curriculum designed to transform traditional credit assessment through the power of AI. It begins with a foundational...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
Financial Math for Actuaries: From Loans to Bonds to Immunization
Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...

Salary for Loan Underwriter Jobs in New York City, NY

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Loan Underwriters in New York City, NY offer the following education background
Bachelor's Degree
44.6%
Master's Degree
16.7%
High School or GED
14.5%
Associate's Degree
11.2%
Vocational Degree or Certification
8.9%
Some College
2.5%
Doctorate Degree
1.2%
Some High School
0.4%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Underwriters in New York City, NY
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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