Underwriter III

## Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.## We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.# Primary Function The Underwriter III is responsible for responding to internal and external customers on questions regarding loans underwritten by the company.

This position will underwrite loans in a timely manner for completeness and compliance with company guidelines, polices, and procedures. This position will also provide training, guidance, and support for all team members.# Principal Duties:
* Review, analyze and make final determination on loan submissions using manual underwriting guidelines as well as validating recommendations.
* Underwrite loans as determined by lending authority set by management.
* Work with Lending Teams to identify potential solutions/alternatives for difficult/denied loan files.
* Communicate with internal and external clients on inquiries on loans underwritten by Vendors.
* Research and respond to team lead on loans requiring additional escalation and review and ability to summarize issues, concerns, and recommendations.
* Proactively addresses underwriting submission deficiencies.
* Provide back-up support to Team Leader as necessary to ensure efficient operations and smooth and timely flow of work.
* Review and maintain guidelines to stay up to date with all requirements.
* Maintain department resource library to maintain reference material.
* Review of audit files for Quality/Funding issues to determine compliance and acceptance of loan.
* Assist in correction of delivery violations and government ensuring deficiencies on specific files as required.
* Analyze Trust agreements as needed.
* Participate in the orientation of new personnel to ensure consistency.
* Provide technical support for systems as necessary.
* Performs related duties as assigned by supervisor.#

Education and Experience
** Required education and experience. Examples below.
*** High School Diploma or equivalent required; 4-year college degree preferred.
* 5+ years of underwriting experience with conforming and non-conforming loans.
* Mortgage banking industry experience with Jumbo Loans and/or Government Products a plus.# Knowledge, Skills, and Abilities
** Required knowledge, skills, and ability. Examples below.
*** FHA and/or VA Designations Required
* Ability to differentiate between first and second mortgage underwriting.
* Ability to handle secure and private information.
* Technical experience necessary:
Windows, Excel, Word, PowerPoint, Underwriting software and systems.
* Ability to stay current with the business environment within third party lending.
* Excellent customer service skills and analytical skills.
* Excellent verbal and written communication skills.
* Ability to work independently and adapt to a constantly changing environment.
* Ability to be a creative and innovative problem solver.

A good faith estimate of the compensation is:60,800.Compensation for this position may also include other elements, including medical, financial, various paid time off benefits, and a bonus based on individual and company performance, variable or annual.

Placement within the range will be based on a variety of factors, including but not limited to, skills, experience, qualifications, location, etc.
** Additional Information:
** While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary. All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator.

Employment will be contingent on this requirement.
** Company Benefits**:

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!
* Medical, dental,…