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Centier Bank · 1 day ago

Mortgage Warehouse Underwriter II

La Porte, IN

Full-time

Onsite

Senior Level

5+ years exp

Centier Bank is committed to diversity and exceptional service, seeking a Mortgage Warehouse Underwriter II. This role involves preparing loan analyses for mortgage warehouse relationships, monitoring existing lines, and ensuring adherence to lending guidelines and bank policies.

BankingFinanceFinancial ServicesInsurance

Growth Opportunities

Responsibilities

Collect and analyze detailed financial information about sellers, borrowers and associated guarantors to determine the level of credit that is appropriate for complex warehouse line relationships

Prepare 10-50 page written presentations for new warehouse lines, line modifications, and annual reviews

Presentations include identification of strengths, risks with applicable mitigating factors, an appropriate risk grade and recommendation regarding the warehouse facility decision

Approval will come from Loan Committees depending on the size of relationship

Will need to interact with warehouse management, senior management, warehouse clients and customers to evaluate credit worthiness of new relationships and potential deterioration of existing warehouse clients or borrowers

Think independently to present data, conclusions and recommendations when there may not be a predefined policy or procedure

Financial monitoring and review of approved end investor financials annually

Review monthly sampling for internal review of appraisals and HUD settlement statements

Review outstanding loans for any missing documents

Qualification

Warehouse lendingCredit analysisRisk managementFinancial analysisMicrosoft OfficeCredit QuestTime managementAttention to detailCommunication skillsOrganizational skillsTeamwork

Required

Must possess working knowledge of underwriting principles for moderately complex Warehouse Lines

Bachelor's Degree with significant accomplishment in finance and accounting or commensurate experience and training in credit analysis for business relationships

Minimum of 5 years of commercial underwriting experience with an emphasis on credit and risk management for mortgage warehouse clients

Adept at time management to meet strict deadlines and respond to high urgency requests from Management and/or Loan Officers

Ability to think critically and express conclusions in writing and verbally

Aptitude for quantitative analysis working with numerous variables, spreadsheets with large amounts of data, identifying/summarizing patterns and trends

Must be a quick study for new tasks, procedures, software/technology as well as conceptual philosophy behind a diverse set of tasks related to risk management of warehouse lines

Strong organizational skill sets

Strong attention to detail

Working knowledge of Microsoft Office, Warehouse Loan Funding System, and Credit Quest

Demonstrated success in a fast-paced service environment

Strong communication skills; both interpersonal and written are necessary

Ability to successfully perform work independently and in a team environment