Senior Underwriter

Primary Responsibilities

Responsible for leading the evaluation and assessment of complex mortgage loan applications, ensuring alignment with company policies, investor guidelines, and regulatory requirements. Serves as a subject matter expert, providing guidance on risk analysis and underwriting best practices.

• Thoroughly review and analyze complex loan applications, including borrower creditworthiness, income, assets, and property valuations, applying advanced judgment to mitigate risk.
• Make high-level underwriting decisions on approvals, counteroffers, or denials based on nuanced risk factors and long-term portfolio impact.
• Ensure all underwriting activities adhere to company policies, federal and state regulations, and investor requirements, and proactively identify compliance gaps and recommend improvements.
• Act as a resource for junior underwriters and team members by providing training, guidance, and feedback to enhance underwriting quality and consistency.
• Communicate effectively with loan officers, processors, and management to resolve complex issues, negotiate conditions, and maintain transparency throughout the loan process.
• Anticipate and address challenges in the underwriting process by offering innovative solutions that meet business objectives while managing risk.
• Stay informed on market trends, regulatory changes, and new product developments, and contribute to policy updates and process enhancements.
• Perform special projects, and additional duties and responsibilities as required.

• Bachelor's degree (or equivalent) in finance, business, or similar; OR associate degree and two (2) years of experience in functional area; OR high school diploma (or equivalent) plus four (4) years of experience in functional area.
• Additional three (3) years+ of progressive experience in functional area.

• Proven skills and experience with mortgage underwriting functions.
• Advanced understanding of multiple loan products.
• Proven experience with Microsoft Office 365 and the following technology:
  Encompass.
• Willingness to pursue continuing education, certifications, etc. as applicable to advancing in the organization.
• Analytical and problem-solving skills.
• Interpersonal and communication skills with the ability to speak confidently.
• An ability to thrive in a fast-paced environment where priorities change daily, and where employees wear many hats.
• Detail-oriented with the ability to think "outside the box" and prioritize tasks and decisions in a timely manner.
• Self-directed, yet effective working as part of a collaborative team.
• Responsive and customer-focused with a demonstrated use of professional judgment.

This role's annual base salary range is $99,000 - $126,000.

• Health, Dental, Vision, & Life Insurance
• Financial Wellness Planning & Coaching
• Counseling Support Services & Resources
• Paid Parental Leave
• Pet Insurance
• 401K Match
• Employee Bank Accounts with Quontic
• Generous Paid Time Off