HL Underwriter, Sr

Columbia Bank • Tigard, OR

1d • $90,000 - $110,000 • Onsite

About The Position

About the Role: Responsible for approvals, declines, and/or recommends for exceptions outside assigned approval limits while maintaining risk exposure consistent with bank and investor loan quality guidelines for residential loans. Works closely with Sales Partners in providing guideline interpretation as a subject matter expert. Adheres to maintaining consistent turn times to ensure customer service is a top priority. Responsible for ensuring compliance with regulatory and investor guidelines. Responsible for underwriting mortgage loans in accordance with all Bank, investor, agency, and regulatory compliance guidelines, performing duties in alignment with these philosophies and directives. Actively review, analyze, and assess mortgage loan packages for approval, declination, counteroffer or restructure. Partner with sales associates for collaboration and delivery of compliant alternatives, solutions, and conflict resolution. Completes a detailed review of the credit, asset, income, debt, and collateral for approval, declination, counteroffer, or restructure. Must be able to provide a written analysis to support rendered decision in accordance with all Bank, investor, agency, and regulatory compliance guidelines. Performs duties in alignment with these philosophies and directives. Partner and collaborate with HL associates to ensure open communication, timely responses, expedient and accurate underwriting and condition clearing, and a superior customer experience. Responsible for participating and assisting as necessary to respond to or rebut audits, repurchases, or internal quality control findings while maintaining service level agreements and regulatory compliance. Responsible for compliance with all bank regulations for assigned job function and applying to designated job responsibilities. Keep up to date on regulation and policy changes. Follow all Bank policies and procedures, compliance regulations, and complete and stay up to date on all required annual or job-specific training. Identify continuous improvement opportunities and seek feedback for opportunities to improve. Assist with coaching, mentoring, or training others; teach coursework as a Subject Matter Expert or acting as a resource for others Home Lending associates as needed. Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes. Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training. Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description. May be asked to coach, mentor, or train others and teach coursework as subject matter expert. Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words. Takes personal initiative and is a positive example for others to emulate. Embraces our vision to become “Business Bank of Choice” May perform other duties as assigned.

Requirements

• 5+ of previous residential underwriting experience with strong knowledge of business. (Required)
• Knowledge of Fannie Mae, Freddie Mac, FHA, VA, RD, State Bond programs (Required).
• Strong knowledge of underwriting procedures, creditor financial analysis techniques, and familiarity with investor requirements.
• Ability to build and maintain relationships.
• High degree of attention to detail.
• Strong ability to analyze complex income via financial analysis techniques including self-employed analysis using various methods.
• Proven analytical and problem-solving skills.
• Strong knowledge or experience with mortgage loan documentation.
• Strong written and verbal communication skills.
• Proficiency with personal computers and related software packages such as Word and Excel, and other business machines.
• Ability to follow detailed instructions.

Nice To Haves

• Bachelor's Degree (Preferred)
• Encompass experience (Preferred)
• Experience with various forms of downpayment assistance lending program guidelines. (Preferred)

Responsibilities

• Responsible for approvals, declines, and/or recommends for exceptions outside assigned approval limits while maintaining risk exposure consistent with bank and investor loan quality guidelines for residential loans.
• Works closely with Sales Partners in providing guideline interpretation as a subject matter expert.
• Adheres to maintaining consistent turn times to ensure customer service is a top priority.
• Responsible for ensuring compliance with regulatory and investor guidelines.
• Responsible for underwriting mortgage loans in accordance with all Bank, investor, agency, and regulatory compliance guidelines, performing duties in alignment with these philosophies and directives.
• Actively review, analyze, and assess mortgage loan packages for approval, declination, counteroffer or restructure.
• Partner with sales associates for collaboration and delivery of compliant alternatives, solutions, and conflict resolution.
• Completes a detailed review of the credit, asset, income, debt, and collateral for approval, declination, counteroffer, or restructure.
• Must be able to provide a written analysis to support rendered decision in accordance with all Bank, investor, agency, and regulatory compliance guidelines.
• Performs duties in alignment with these philosophies and directives.
• Partner and collaborate with HL associates to ensure open communication, timely responses, expedient and accurate underwriting and condition clearing, and a superior customer experience.
• Responsible for participating and assisting as necessary to respond to or rebut audits, repurchases, or internal quality control findings while maintaining service level agreements and regulatory compliance.
• Responsible for compliance with all bank regulations for assigned job function and applying to designated job responsibilities.
• Keep up to date on regulation and policy changes.
• Follow all Bank policies and procedures, compliance regulations, and complete and stay up to date on all required annual or job-specific training.
• Identify continuous improvement opportunities and seek feedback for opportunities to improve.
• Assist with coaching, mentoring, or training others; teach coursework as a Subject Matter Expert or acting as a resource for others Home Lending associates as needed.
• Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training.
• Keeps up to date on regulation changes.
• Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
• Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.
• May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
• Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.
• Takes personal initiative and is a positive example for others to emulate.
• Embraces our vision to become “Business Bank of Choice”
• May perform other duties as assigned.

Benefits

• We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.
• We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays.
• Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level