Residential Underwriter

BB Americas Bank • Miami, FL

12d

About The Position

The Residential Underwriter prepares credit analyses and underwrites Residential Mortgage loans, as outlined below.

Requirements

• Bachelor's degree (B.A) from qualified college or university or seven years related experience and/or training; or equivalent combination of education and experience.
• Ability to effectively present information and respond to questions
• Excellent ability to communicate in English, verbally and in writing; Portuguese and Spanish highly recommended, and in some departments required
• Excellent proficiency in various computer software and banking applications
• In depth knowledge of all bank policies, procedures and compliance requirements
• Knowledge of accounting and financial analyses
• Must be able to handle large volumes of work, to prioritize and work under time constaints
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
• Ability to ensure confidentiality, security and safekeeping of bank and customer information
• Strong analytical and organizational skills with attention to detail and accuracy
• Displays original thinking and creativity; self-starter; generates suggestions for improving work.
• Treats others with respect and consideration regardless of their status or position.
• Is consistently at work and on time; Ensures work responsibilities are covered when absent
• Takes responsibility for own actions; Commits to long hours of work when necessary to reach goals; ability to multitask
• Must be accustomed to professional, business office environment in manner and dress.
• Must demonstrate excellent human relations skills with customers and bank associates.
• Must be willing to participate as a team member and eager to tackle new assignments.

Nice To Haves

• Portuguese and Spanish highly recommended, and in some departments required

Responsibilities

• Review Tax Returns and other financial documents in order to pre-screen the viability of the credit requests
• Prepare credit underwriting reports which include the following: identify and mitigate risk, identify sources of repayment, sensitivity analysis
• Pull credit reports, OFAC and background checks to evaluate and examine credit references for consistency with information provided
• Analyzes borrower’s income and/or business operations, financial condition to determine borrower’s ability to repay loan
• Requests specific information and discusses or resolves issues pertaining to borrower’s financial condition and credit risk
• Confers with Operations Manager in order to resolve problems with application or missing information
• Performs credit underwriting, assess credit risk, complies with the Bank’s Credit Policy and issues recommendations about credit proposals to be reviewed by the Operations Manager
• Participates in special projects related to the bank’s Residential loan portfolio
• Full knowledge and understanding of bank policies, procedures, regulatory and compliance requirements, including but not limited to BSA/AML, CDD, EDD, and others as defined by the Compliance Division and Information Security Division
• Attend and/or complete all required training as assigned
• Ensure compliance with all applicable laws, regulations and policies
• Assist colleagues with projects or tasks when needed
• Communicate effectively with other Departments
• Perform other related duties as required to accomplish the objectives of the position

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level