30 applicants

Company

Quorum Federal Credit Union · 6 hours ago

Mortgage Underwriter - REMOTE

United States

Full-time

Remote

Senior Level

$75K/yr - $85K/yr

7+ years exp

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Comp. & Benefits

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Responsibilities

Assures that all mortgage loan files are underwritten (within level of authority) in compliance with secondary market guidelines, specific program guidelines, credit union policies, and regulatory requirements.

Utilize comprehensive knowledge and expertise to assess risks associated with first mortgages, self-employment income and renovation loans.

Evaluate and analyze the integrity of the data provided for each loan file and make sound credit decisions within the designated guidelines. Review financial documents, including tax returns, bank statements and credit reports to accurately determine loan eligibility and repayment capacity.

Consistently monitors the daily mortgage pipeline to identify areas that require intervention to expedite the mortgage process and acts accordingly.

Supports and fulfills Management requests related to audit preparation, sale preparation, HMDA reporting and more.

Ability to work independently following required guidance provided by management, while also supporting management and providing guidance and support to junior underwriters as needed, sharing insights and best practices to enhance team performance.

Actively works with management and staff by demonstrating daily proactive planning and seeking process improvements to automate and streamline operations while maintaining adequate controls.

Promotes and maintains a positive work atmosphere by communicating in a manner consistent with professional standards to work effectively with members, co-workers, management, partners and vendors.

Keeps abreast of industry developments including, but not limited to changes in regulations, market conditions, current disaster locations and technology.

Ensure compliance with all applicable federal and state regulations by maintaining an active and valid NMLS license, and completing necessary continuing education requirements as mandated for the role.

Ensures adherence to company policies and procedures and Banking/Credit Union Regulations.

Performs additional duties as required.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Mortgage UnderwritingRisk AssessmentFinancial Document ReviewSecondary Market GuidelinesRegulatory ComplianceNMLS LicenseMicrosoft OfficeTime Management Skills

Required

Minimum of seven years of comprehensive mortgage underwriting experience at a credit union, bank, or other financial institution is required.

Ability to assess risks associated with first mortgages and self-employment income.

Ability to review financial documents including: tax returns; bank statements; and credit reports to accurately determine loan eligibility and repayment capacity.

Excellent problem-solving, organizational, analytical, verbal, and written communication skills.

Strong decision making and time management skills with the ability to manage multiple projects/duties.

Results driven, service oriented, self-motivated and able to work independently.

Detailed knowledge of secondary market guidelines.

Some knowledge of regulatory guidelines and issues.

Complies with all requirements for Mortgage Loan Originators set forth in the SAFE Act, including, but not limited to successful completion of the required background checks and obtaining a Unique Identifier from the NMLRS.

Trustworthy with the ability to maintain highest level of integrity and trust.

Proficiency in Microsoft Office, specifically Word, Excel, and PowerPoint.

Related experience with loan origination systems.

Stable internet connection with speeds high enough for video conferencing and screen sharing.

Smartphone with current iOS/Android OS.

Prolonged periods sitting at a workstation and working on a computer.

Ability to communicate with coworkers and customers via email, chat, teleconference, and/or phone.