Mortgage Underwriting Supervisor

U.S. Bank

1d

About The Position

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One. Job Description Responsible for directing the day-to-day activities of a designated Mortgage Underwriting Team. Analyzes and evaluates residential loan applications originated by U.S. Bank branch offices in accordance with industry and business unit standards. Gathers, analyzes and interprets all types of credit information for existing and prospective retail banking customers in order to maximize credit and minimize risk and potential loss. Develops and maintains a loan underwriting portfolio consistent with the Bank's guidelines for credit quality and Investor or Insurer standards. Approves and/or denies loans within certain limits and makes credit structure and loan eligibility decisions.

Requirements

• Bachelor's degree, or equivalent work experience
• Five to seven years of mortgage underwriting operations experience
• One to three years of experience in a leadership role

Nice To Haves

• Advanced understanding of factors affecting real estate values and credit analysis
• Strong mathematical skills
• Proficient computer skills
• Excellent verbal and written communication skills
• VA Staff Appraisal Reviewer (SAR) designation preferred
• FHA Direct Endorsement underwriting designation preferred
• This role requires working in Pacific Standard Time Zone.

Responsibilities

• Responsible for directing the day-to-day activities of a designated Mortgage Underwriting Team.
• Analyzes and evaluates residential loan applications originated by U.S. Bank branch offices in accordance with industry and business unit standards.
• Gathers, analyzes and interprets all types of credit information for existing and prospective retail banking customers in order to maximize credit and minimize risk and potential loss.
• Develops and maintains a loan underwriting portfolio consistent with the Bank's guidelines for credit quality and Investor or Insurer standards.
• Approves and/or denies loans within certain limits and makes credit structure and loan eligibility decisions.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees