Residential Mortgage Underwriter II

Choice Bank•Golden Valley, MN

14d•$19 - $34

About The Position

The Residential Mortgage Underwriter II is responsible for evaluating residential real estate credit applications to determine accuracy, completeness, credit worthiness, and regulatory compliance.

Requirements

2 to 4 years of relevant experience in mortgage loan operations with requisite competencies
2-year degree in Accounting, Finance, Business Administration or equivalent combination of education and experience with requisite experience
Handles moderately complex files such as self-employed borrowers or layered risk factors
Works independently on standard loans; escalates complex cases for review
May mentor junior underwriters informally
Leads as a team player with excellent interpersonal skills and develops partnerships.
Takes initiative by proactively identifying what needs to be done and acts.
Communicates effectively with excellent written and oral communication skills.
Promotes and administers change and accepts diversity.
Exhibits problem-solving, analytical thinking, and decision-making skills.
Fosters open communication.
Follows policies and procedures.
Proficient computer skills including Microsoft Office (Word, Excel, Access).
Must work in an efficient, systematic way.
Must display consistency, thoroughness, attention to detail, and strong organizational skills.
Use sounds judgment in prioritizing tasks to work under tight deadlines.

Responsibilities

Underwriting
Conduct credit risk review and apply conditions required to comply with product, program, and regulatory specifications
Perform appraisal analysis to ensure acceptable collateral position.
Ensure compliance with internal, state, and federal compliance through continuous education and evaluation of internal procedures and controls.
Communicate credit risk decisions to applicants and mortgage industry credit partners.
Along with the Manager of Residential Mortgage Operations, mentor operations specialists on underwriter considerations and enhancements.
Supports, advances, and is responsible for meeting Premier Experience service standards within the Mortgage Department.
Other General & Administrative
Assists with departmental projects.
Actively participate in internal and external continuing education for mortgage loan operations and professional development.
Contain knowledge of company products and services.
Have a working knowledge of Choice Financial’s policies and procedures and comply with them.
Maintain complete confidentiality with regards to customer accounts, loans and bank relationships.
Project a positive image of Choice Financial when representing the organization.
Actively support management and organizational goals.
Interact with other employees to promote teamwork, communications, trust and respect.
Adapt to meet the ever-changing customer and community needs.
Performs duties outside normal scope as assigned.