Real Estate Underwriter (On-Site)

Community Financial System, Inc.•Olean, NY

12d•Onsite

About The Position

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration. Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day. To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities. This position is responsible to understand, comprehend and maintain with all laws and regulations such as TILA- RESPA, ATR/QM, HMDA. Independently responsible to review and evaluate applications for all products offered and determine credit worthiness of applicant and ensure meets requirements of bank, government agencies and secondary market investors.

Requirements

Associates Degree or equivalent mortgage processing or legal office real estate closing experience required
All applicants must be 18 years of age or older
Proficient reading, writing, grammar and mathematics skills
Ability to analyze and interpret income, assets and credit
Ability to work under pressure and work effectively under time constraints
Good written and verbal communication skills
Research and problem solving skills
Proficient in Microsoft Word and Excel
Must be able to consistently demonstrate the Company’s core values; a strong work ethic, integrity, respect for others responsibility, transparency and humility
Two (2) years’ of mortgage experience preferred

Responsibilities

Analyze and evaluate loan applications and all supporting documentation (e.g. financial statements and employment history) to assess borrowers credit worthiness and ensure meets guidelines and regulations
Underwrite according to bank guidelines and regulations for all loan products, including USDA/Secondary market/PMI, Construction, Homebuyer Dream Program and SONYMA
Analyze and approve residential appraisals to ensure collateral meets program and investor guidelines
Review Title Reports
Approve if loan is within lending authority or recommend approval or denial for decision and supporting documentation
Communicate with lenders and appropriate vendors to obtain information for credit decision
Provide guidance to lenders regarding procedures required to take action on problem loan applications
Prepare loans to proceed to closing table
Participate in writing procedures
Other duties as assigned or directed
Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner
Cooperates with other member of department to achieve department goals. Cooperates with employees of other departments to provide quality service, solve problems and achieve bank goals.