Mortgage Underwriting Manager

General Electric Credit Union•Blue Ash, OH

5d•Onsite

About The Position

The Mortgage Underwriting Manager will direct a team of underwriters and processors to assess applications, evaluate risks and ensure compliance with industry regulations, company and investor guidelines. This role requires demonstrating decision-making skills, analytical thinking, communication, interpersonal abilities and leadership.

Requirements

High School diploma or GED required
Minimum of ten years mortgage underwriting experience
Prior leadership experience required
Professional verbal and written communication skills
Strong interpersonal skills-ability to work well with others
Strong time management and organizational skills who can work in a fast-paced environment
Analytical and critical review skills
Ability to exhibit a positive attitude and professional demeanor and can lead by example
Must be proficient in Secondary Market guidelines, such as FHLMC and FHLB.
Experienced in underwriting a variety of government mortgage loan types, including FHA and VA loans.
Understand and follow mortgage-related operational procedures
Must maintain the required NMLS designation.

Responsibilities

Manage the daily workflow of Mortgage Underwriters and Mortgage Processors and ensure GECU KPIs and SLAs are achieved
Ensure appropriate staffing levels are maintained
Deliver timely, constructive performance evaluations
Administer employee discipline in accordance with policy
Ensure personnel comply with attendance policies
Provide ongoing coaching and training for direct reports
Ensure processing and underwriting are completed timely and efficiently while delivering exceptional member service
Collaborate with GECU team members to promote cooperation across the mortgage function.
Underwrite a full range of mortgage loans with the highest lending authority, including complex/jumbo/large balance portfolio loans
Maintain a broad knowledge of first mortgage refinances, purchases, construction, HELOCs, fixed-rate Home Equity loans, and Equity Rich fixed-rate loans, and Equity Rich lines of credit transactions
Review and verify loan applications and supporting documentation for income, collateral and creditworthiness based on program and product specifications
Review property appraisals to confirm collateral value is properly documented
Ensure loans comply with current secondary market standards and GECU portfolio guidelines
Ensure underwriting practices are compliant under fair lending requirements
Must understand and comply with all required federal and state regulations associated with this position