Loan Underwriter Jobs in New York
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.
We're seeking a detail-oriented professional skilled in underwriting complex transactionsideally with experience in the apparel industry and asset-based lending structures....
and other bank policies **Qualifications:** + Bachelor's Degree in (or emphasis in) business, marketing or finance preferred + 5+ years of experience in commercial lending or related banking + Proficiency...
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...
Provides effective communication of findings to lending staff, bank management and loan review management....
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...
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...
Overview Hudson Valley Credit Union is currently recruiting for the position of Consumer Loan Underwriter I....
Lancewood Capital Advisors, LLC is a New York-based investment firm specializing in the origination and acquisition of commercial real estate debt throughout the United States. This position is...
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...
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...
underwriting/approval methodologies....
Director, Senior Underwriter/Credit Risk Officer Private Equity/Hedge Funds
- New York, NY
- 10 days ago
- New York, NY
- 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...
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...
Additionally, you will collaborate with our capital markets and distribution teams to support securitization or syndication efforts, ensuring all transactions comply with our Lending Policy, Credit...
Leveraged Finance Senior Underwriter (C15/Director) New York, NY
- New York, NY
- 19 days ago
- New York, NY
- 19 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...
Demographic Data for New York
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Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in New York
Highest Education Level
Loan Underwriters in New York 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
- Know Your Customer
- 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
- Mentoring
- Documentation
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Time Management
- Staff Supervision
- Organization
- Communication Skills
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