Manager of Mortgage Underwriting

F.N.B. Corporation•Pittsburgh, PA

12d

About The Position

The Manager of Mortgage Underwriting oversees the Residential Mortgage Underwriting area. The role maintains expertise in conventional, government, and portfolio loan programs; monitors the daily activities of the underwriting staff; and provides training on products, programs, and procedures. The position supervises Underwriters and the Mortgage Underwriting Supervisor, and assists with managing Appraisal Coordinators. It manages underwriting personnel matters, including hiring and participation in annual reviews, and monitors loan quality with the Residential Mortgage Credit Officer. The Manager maintains required loan-program accreditations, pursues continuing education as needed, cross-trains in other credit products, and maintains a thorough understanding of underwriting across loan products. The role conducts staff meetings to review guideline revisions and compliance changes, and works with the Residential Mortgage Credit Officer and other teams to deploy new products. It develops departmental processes, updates underwriting procedures, reviews policies annually, handles underwriting exception requests and reporting, and assists Mortgage Loan Originators with loan structuring and questions. It also supports audit and regulatory responses, represents FNB with agencies and regulators as needed, and performs other assigned duties requiring underwriting skills and insight. All employees are accountable for managing risks encountered in their business areas in accordance with F.N.B. Corporation’s risk management program. Compliance with regulatory requirements and company procedures is required. FNB does not provide employment-based visa sponsorship; candidates must be legally authorized to work in the United States.

Requirements

At least 10 years of job-related experience.
High school diploma or GED.
FHA Direct Endorsed Underwriter certification.
Staff Appraisal Reviewer for Veterans Administration (LAAP) certification.
Excellent organizational, analytical, and interpersonal skills.
Excellent written and verbal communication skills.
Detail-oriented.
Ability to use general office equipment, a personal computer, and job-related software.
Basic-level Microsoft Word, Excel, and PowerPoint skills.
Legally authorized to work in the United States; employment-based visa sponsorship is not provided.

Responsibilities

Oversee the Residential Mortgage Underwriting area and monitor the daily activities of underwriting staff.
Supervise Underwriters and the Mortgage Underwriting Supervisor, and assist with managing Appraisal Coordinators.
Manage underwriting personnel matters, including hiring and participating in annual reviews.
Monitor Underwriters’ loan quality with the Residential Mortgage Credit Officer.
Maintain required accreditations in loan programs, attend continuing education as needed, cross-train in other credit products, and maintain knowledge of underwriting loan products.
Conduct regular underwriting staff meetings to review guideline revisions and compliance changes.
Work with the Residential Mortgage Credit Officer, Compliance, Legal, and New Product Development to deploy new products as needed.
Develop and ensure departmental process flow, maintain underwriting procedures, and review policies annually with the Residential Mortgage Credit Officer.
Monitor the Residential Mortgage Underwriting exceptions box, act on exception requests, make determinations or obtain appropriate authority, and review and improve exception reporting for RCPC.
Assist Mortgage Loan Originators with deal structuring, guidelines, commitment conditions, loan programs, and qualification questions.
Work with the Residential Mortgage Credit Officer to respond to audits and regulatory findings, and represent FNB with agencies and regulators as needed.
Perform other assigned duties and projects requiring underwriting skills and insight.
Understand, report, respond to, manage, and monitor business risks in accordance with F.N.B. Corporation’s risk management program.
Comply with regulatory laws and company procedures.