Underwriter- US Residential Mortgage

Job Description

Description

This role requires a detail-oriented individual who can analyze financial information, make informed decisions, and communicate effectively with various stakeholders. If you are looking for an opportunity to grow your career in the mortgage industry and contribute to a collaborative team environment, we would love to hear from you.

• Assessing and analyzing residential mortgage applications and supporting documentation to determine eligibility and risk.
• Evaluating creditworthiness of applicants by reviewing credit reports, income statements, and other financial documents.
• Making decisions on loan approvals, denials, or modifications based on established guidelines and risk assessment.
• Collaborating with loan officers, real estate agents, and other stakeholders to ensure timely processing of mortgage applications.
• Staying updated on industry regulations, policies, and market trends affecting residential mortgages.
• Preparing detailed reports on underwriting decisions and maintaining accurate records of all transactions.
• Providing guidance and support to junior underwriters and assisting in training new team members.

• Bachelor's degree in Finance, Business Administration, or a related field.
• 3-10 years of experience in residential mortgage underwriting, with a strong understanding of US mortgage products and guidelines.
• Proficient in using underwriting software and tools, as well as Microsoft Office Suite (Excel, Word, PowerPoint).
• Strong analytical skills with the ability to interpret complex financial data and make sound decisions.
• Excellent attention to detail and organizational skills to manage multiple applications and deadlines effectively.
• Knowledge of regulatory compliance requirements related to mortgage lending in the US.
• Strong communication and interpersonal skills to collaborate effectively with team members and clients.
• Ability to work independently and as part of a team in a fast-paced environment.