Senior Specialist - Loan Underwriting

Atlantic Union Bank•Richmond, VA

3d•$62,100 - $105,600

About The Position

The Underwriting & Appraisals area is responsible for evaluating credit requests and property valuations to ensure accurate risk assessment, sound credit decisions, and compliance with internal policies, investor requirements, and regulatory standards. The Loan Underwriting area activities may include evaluating and approving or denying loan applications according to business unit standards in a timely manner, gathering information as necessary to make sound decisions, responding to internal and external customer inquiries, and performing other duties as necessary to support the goals and objectives of the department and business unit. This role requires advanced knowledge of operational procedures and tools obtained through extensive work experience and may require vocational or technical education. Responsibilities typically include working under limited supervision for non-routine situations and may be responsible for leading daily operations, training, delegating, and reviewing the work of lower-level employees. Problems are typically difficult and non-routine but not complex.

Requirements

Typically requires 7+ years relevant experience
May require vocational or technical training

Nice To Haves

May require obtaining and/or maintaining NMLS registration

Responsibilities

Analyzing borrower financial information, repayment capacity, collateral strength, and overall creditworthiness
Reviewing and validating appraisal reports for accuracy and adherence to established guidelines
Determining risk levels and approval recommendations
Applying underwriting standards consistently, identifying and mitigating potential risks, maintaining strong documentation practices, and partnering with lending, operations, and risk teams to support timely and high-quality credit decisions
Evaluates and approves or denies loan applications according to business unit standards in a timely manner.
Gathers information as necessary to make sound decisions.
Responds to internal and external customer inquiries as necessary.
Performs other duties as necessary to support the goals and objectives of the department and business unit.
Other duties as assigned.
Working under limited supervision for non-routine situations and may be responsible for leading daily operations.
Training, delegating and reviewing the work of lower level employees.