Underwriter III

Education Level High School## Description
** Life at Amplify
** As a growing, tech-focused credit union, Amplify Credit Union delivers value to our members through our products and impact to our community through our profits. That unique intersection is one reason  by the
* Austin American-Statesman
* seven years in a row*.
* We’re also proud to say that we’re the only full-service financial institution that . We’re looking for teammates who are inspired by  and ready to grow their careers. As they do, our employees can expect Amplify to uphold our commitments to .
** Position Summary
** The role of the Mortgage Loan Underwriter III is to analyze, assess and decision mortgage loans for Amplify Real Estate lending in accordance with Amplify lending guidelines, secondary market guidelines, state and federal regulations. The incumbent must stay abreast of internal lending policies, practices, guidelines, lending systems and products, as well as external regulatory and economic environments.

The role is responsible for the review of all loan documentation to ensure accuracy, completeness and compliance with internal, regulatory, private mortgage insurance and investor guidelines in order to decision in a timely, accurate manner. Develops sound working relationships with the Real Estate Production team to ensure accurate and timely decisions are made and communicated effectively to support a quality member service experience.

** RESPONSIBILITIES
* * include the following. Other duties may be assigned.
* Acts as the subject matter expert in the area of determining credit and collateral risk; provides support and general direction to underwriters within authority prescribed by management
* Supports and assists the Director – Mortgage Underwriting and the VP
- Real Estate Operations in ensuring established performance and customer service goals are met by monitoring and facilitating daily workflow of underwriting activities; accountable for meeting established decision time parameters
* Conducts problem resolution for non-routine underwriting issues; reviews exceptions from policy, guidelines and procedures to render appropriate decisions within prescribed limits and communicates the course of action and reasoning behind it, notating file and systems as required
* Approves or denies real estate loans within his/her assigned underwriting authority in accordance with applicable investor, private mortgage insurer, and down payment assistance program guidelines, as well as internal Credit Union policies.  Prepares and submits recommendations for loan approvals that exceed individual underwriting authority, ensuring such recommendations align with Amplify policies and all relevant investor standards.
* Performs mortgage credit analysis, with or without the assistance of an automated underwriting system, to determine borrower’s willingness and ability to repay the loan to include verifying the member’s ability to repay through analysis of credit, loan ratios, documented income and assets, and collateral; evaluates risk to ensure a prudent decision is made
* Reviews and approves appraisals and alternate valuation reports for property eligibility and ensures the collateral meets program guidelines
* Maintains commanding knowledge of regulatory compliance, trends and methodologies affecting all loan products
* Professionally and clearly communicates the credit decision and underwriting conditions to the Loan Originator, Loan Processor, and Loan Closer, and works with them to resolve issues
* Assists secondary marketing in resolving eligibility issues related to the purchase of loans by a secondary market investor
* Supports Collections and Loss Mitigation efforts with credit and collateral analysis functions
* Supports Real Estate management in development and implementation of underwriting policy and procedures
* Analyzes, assesses, diagnoses and tests for accuracy and efficiency all processes and procedures related to mortgage underwriting activities
* Upholds credit union policies and procedures and champions organizational culture both internally and externally## Qualifications
** Education and/or Experience
** High school…