VP of Mortgage Processing and Underwriting

VP of Mortgage Processing and Underwriting

Management Missoula, MT, US

30+ days ago Requisition

At Clearwater Credit Union, we believe financial services should strengthen lives, communities, and futures. We are seeking an experienced Vice President of Mortgage Processing & Underwriting
in Missoula, MTto lead mortgage processing operations and directly underwrite residential mortgage loans. In this role you will oversee the end-to-end mortgage processing and underwriting operations, ensuring loan files are accurately packaged, thoroughly evaluated, and efficiently moved through the lending process.

Key Responsibilities:

• Lead, develop, and coach the Mortgage Processing team, fostering accountability, collaboration, and professional growth.
• Oversee daily departmental operations, including workflow management, staffing priorities, scheduling, and productivity to ensure exceptional service and timely loan processing.
• Maintain loan files and records.
• Exercise decision making in regard to the processing of home lending products.
• Gather information and receive loan file(s) from Real Estate Lending Officers and Processors.
• Validate application information in computer system as well as document.
• Ensure loan file, including documentation, is complete.
• Order credit reports, appraisals, title commitments, income verifications and other needed information and documentation.
• Work with Real Estate Lending Officers, Processors, and members to address problems and/or discrepancies in provided information for loan requests.
• Work with both the VP of Mortgage Originations and VP of Mortgage Servicing to achieve annual goals.
• Prepare and review closing loan documents.
• Disburse approved loans.
• Knowledge of home lending products offered, including staying up to date with regulatory changes.
• Analyze applicant financial status, credit history, and property evaluation to determine approval of loan.
• Communicate with mortgage processors and real estate lenders to resolve application information.
• Ensure legal and regulatory compliance of the credit union’s home lending underwriting and processing areas.
• Manage and maintain home lending underwriting and processing procedures.
• Stay up to date with economic, business, regulations and financial conditions and their impact on the organization.
• Manage and report all loans that are HMDA reportable as required.
• Maintain and monitor all policies and procedures to include any updates or changes needed.

Qualifications:

• High school degree or equivalent.
• Associate or bachelor’s degree in finance, business, accounting, economics, or a related field preferred.
• Five to ten years of similar or related experience, including time spent in preparatory positions.
• Knowledge of and demonstrated ability to implement effective people, time, project, and organizational management practices.
• Excellent written and verbal communication skills and to work effectively and efficiently with all levels of staff, members, and vendors.

This is a great opportunity for a mortgage professional who combines deep underwriting expertise, strong leadership skills, and a passion for delivering exceptional member service.

At Clearwater, we’re committed to creating a workplace where employees feel supported, valued, and connected to meaningful work. We offer a comprehensive benefits package with more than 25 benefits beyond salary, including health insurance, PTO, 401(k) match, paid volunteer time and more!