Loan Underwriter Jobs in Port Washington, 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 23 Jobs

Sr. Underwriter Excess Construction

  • New York, NY (16 miles from Port Washington, NY)
  • 21 hours ago
  • New York, NY (16 miles from Port Washington, NY)
  • 21 hours ago

Chubb Excess Casualty Construction is looking for an applicant to fill the position of Senior Underwriter in our New York office. We offer customized & complex umbrella and excess programs...

Commercial Credit Senior Underwriter/Portfolio Manager II - Leveraged Lending

  • Tarrytown, NY (18 miles from Port Washington, NY)
  • 1 day ago
  • Tarrytown, NY (18 miles from Port Washington, NY)
  • 1 day ago

Evaluate and determine, monitor and assess the credit risks of largest, most complex and/or specialized commercial clients through detailed financial statement analysis, industry assessment,...

Financial Crimes Compliance Risk Assessment Officer

  • New York, NY (16 miles from Port Washington, NY)
  • 2 days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 2 days ago

Natixis CIB Americas' Financial Crimes Compliance (FCC) team is responsible for maintaining an effective financial crimes compliance program consistent with both Natixis global policy and...

VP, CUSO Compliance Risk Assessment Officer

  • New York, NY (16 miles from Port Washington, NY)
  • 5 days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 5 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...

Credit Portfolio Underwriter Sr - BIN Sponsorship

  • New York, NY (16 miles from Port Washington, NY)
  • 12 days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 12 days ago

Description Credit Portfolio Risk Analyst Summary: The Credit Portfolio Risk Analyst, Senior (BIN Sponsorship) services, deepens, and retains assigned profitable customer relationships by...

Remote Work

Commercial Credit Senior Underwriter I - Leveraged Lending

  • New York, NY (16 miles from Port Washington, NY)
  • 14 days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 14 days ago

This position many be located in Buffalo, NY, Boston, MA or NY, NY OVERVIEW Evaluate and determine the credit risks of larger, more complex commercial clients through detailed financial statement...

National Account Excess Casualty Underwriter (Senior or AVP)

  • New York, NY (16 miles from Port Washington, NY)
  • 15 days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 15 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 office. While this position will be...

Commercial Credit Underwriter

  • New York, NY (16 miles from Port Washington, NY)
  • 16 days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 16 days 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 (16 miles from Port Washington, NY)
  • 17 days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 17 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...

Loan Review Analyst I

  • New York, NY (16 miles from Port Washington, NY)
  • 18 days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 18 days ago

Provides effective communication of findings to lending staff, bank management and loan review management....

Senior Underwriter, Environmental Casualty

  • New York, NY (16 miles from Port Washington, NY)
  • 18 days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 18 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...

Regional Credit Approval Officer

  • New York, NY (16 miles from Port Washington, NY)
  • 23 days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 23 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...

Director, Senior Underwriter/Credit Risk Officer Private Equity/Hedge Funds

  • New York, NY (16 miles from Port Washington, NY)
  • 26 days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 26 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 (16 miles from Port Washington, NY)
  • 27 days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 27 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...

Commercial Credit Senior Underwriter II

  • New York, NY (16 miles from Port Washington, NY)
  • 30+ days ago
  • New York, NY (16 miles from Port Washington, NY)
  • 30+ days ago

OVERVIEW Evaluate and determine the credit risks of largest, most complex and/or specialized commercial clients through detailed financial statement analysis, industry assessment, collateral...

Demographic Data for Port Washington, NY

Moving to Port Washington, NY? Find some basic demographic data about Port Washington, NY below.


Local
National
31,512
1,201
Medium

Salary for Loan Underwriter Jobs in Port Washington, NY

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

Highest Education Level

Loan Underwriters in Port Washington, 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 Port Washington, 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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