Non-Delegated Mortgage Underwriter III

Western Alliance Bank

5d•Remote

About The Position

A Non-Delegated Mortgage Underwriter III is responsible for underwriting conventional loans by reviewing the credit, capacity, and collateral characteristics of loan files to ensure it meets company and investor quality standards. Manage individual pipeline on a daily basis by completing Conventional loans, simple and complex Underwriting Reviews, Conditions Reviews and other Underwriting Tasks within established turn times Identify any document deficiencies, request additional information and/or documentation from Clients as needed Expert ability to navigate and interpret all agency and company guidelines Assist other department personnel in interpreting underwriting guidelines, update loan status and complete all necessary tasks assigned to loan. Contact clients to provide updates and clarification on outstanding conditions and deficiencies identified on loans Other duties as assigned

Requirements

5+ years mortgage industry experience, with 3 years recent frontline underwriting experience preferred in a wholesale or retail lending environment.
Ability to communicate effectively and professionally
Basic proficiency in Microsoft Office products (Excel, Word, etc.)
Encompass LOS experience preferred
Project management experience
College degree preferred but not required
Must have excellent loan quality and risk management skills
Knowledge of FNMA and FHLMC guidelines
Proficiency with automated underwriting systems such as Desktop Underwriter and Loan Product Advisor
Excellent Customer/Client service skills
Ability to work in a fast paced production environment
Self-starter, self-reliant, dependable, ability to work within and meet specific time constraints
Excellent written and verbal communication skills
Prioritization and Time Management skills
Ability to learn and adapt to guideline changes

Responsibilities

Underwriting conventional loans by reviewing the credit, capacity, and collateral characteristics of loan files to ensure it meets company and investor quality standards.
Manage individual pipeline on a daily basis by completing Conventional loans, simple and complex Underwriting Reviews, Conditions Reviews and other Underwriting Tasks within established turn times
Identify any document deficiencies, request additional information and/or documentation from Clients as needed
Expert ability to navigate and interpret all agency and company guidelines
Assist other department personnel in interpreting underwriting guidelines, update loan status and complete all necessary tasks assigned to loan.
Contact clients to provide updates and clarification on outstanding conditions and deficiencies identified on loans
Other duties as assigned