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.
Join to apply for the Senior Underwriter - Property role at Chubb 3 weeks ago Be among the first 25 applicants Join to apply for the Senior Underwriter - Property role at Chubb Job Description The...
Client Services Commercial Lines Underwriter I (Remote)
- New York, NY
- 2 days ago
- New York, NY
- 2 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 WorkExperience in asset-based lending (ABL) is a plus. Experience with healthcare industry write-ups is a plus....
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...
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...
Senior Mortgage Underwriter - Brooklyn, OH or Buffalo, NY
- Albany, NY
- 11 days ago
- Albany, NY
- 11 days ago
Once approved, has lending authority up to $750,000 REQUIRED QUALIFICATIONS Bachelor's Degree or equivalent work experience 5+ years of recent Mortgage Underwriting Experience (FHA, VA and Conventional...
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...
Description Credit Portfolio Risk Analyst Summary: The Credit Portfolio Risk Analyst, Senior (BIN Sponsorship) services, deepens, and retains assigned profitable customer relationships by...
Remote WorkCommercial Credit Senior Underwriter I - Leveraged Lending
- New York, NY
- 21 days ago
- New York, NY
- 21 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
- 22 days ago
- New York, NY
- 22 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...
We're seeking a detail-oriented professional skilled in underwriting complex transactionsideally with experience in the apparel industry and asset-based lending structures....
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...
Demographic Data for New York
Moving to New York? Find some basic demographic data about New York below.
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
- Presentation
- Reimbursement
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Conventional Loans
- Commercial Lending
- Credit Underwriting
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Financial Services
- USDA
- Cash Flow Analysis
- Balance Sheets
- Valuation
- Underwriting
- Financial Statements
- Taxes
- Portfolio Management
- Financial Modeling
- Appraisal
- Financial Analysis
- Resolution
- Real Estate
- Finance
- Closing
- Accounting
- Quality Control
- Written Communication
- Negotiation
- Verbal Communication
- Mentoring
- Collaboration
- Documentation
- Reporting
- Bachelor's Degree
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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