Senior Underwriter

Quontic•Mesa, AZ

5h•Remote

About The Position

Quontic Bank is a CDFI federally chartered digital community bank with a customer-centric culture focused on helping customers and giving back to local communities. We aim to make homeownership simpler, faster, and more accessible across the United States. Quontic is an adaptive digital bank that empowers its customers financially while embracing their diverse circumstances. Our mission is to break the system for financial empowerment, proving a better and more equitable way to put the customer first. We focus on serving underdogs, entrepreneurs, gig-economy workers, immigrants, and more with a curated banking experience. Whatever your role, we are bound by a spirit of collective commitment and excellence. As an employee of Quontic, your contributions are important to our team.

Requirements

Proven skills and experience with mortgage underwriting functions.
Advanced understanding of multiple loan products.
Proven experience with Microsoft Office 365 and Encompass.
Willingness to pursue continuing education, certifications, etc. as applicable to advancing in the organization.
Analytical and problem-solving skills.
Interpersonal and communication skills with the ability to speak confidently.
An ability to thrive in a fast-paced environment where priorities change daily, and where employees wear many hats.
Detail-oriented with the ability to think "outside the box" and prioritize tasks and decisions in a timely manner.
Self-directed, yet effective working as part of a collaborative team.
Responsive and customer-focused with a demonstrated use of professional judgment.

Responsibilities

Lead the evaluation and assessment of complex mortgage loan applications, ensuring alignment with company policies, investor guidelines, and regulatory requirements.
Serve as a subject matter expert, providing guidance on risk analysis and underwriting best practices.
Thoroughly review and analyze complex loan applications, including borrower creditworthiness, income, assets, and property valuations, applying advanced judgment to mitigate risk.
Make high-level underwriting decisions on approvals, counteroffers, or denials based on nuanced risk factors and long-term portfolio impact.
Ensure all underwriting activities adhere to company policies, federal and state regulations, and investor requirements, and proactively identify compliance gaps and recommend improvements.
Act as a resource for junior underwriters and team members by providing training, guidance, and feedback to enhance underwriting quality and consistency.
Communicate effectively with loan officers, processors, and management to resolve complex issues, negotiate conditions, and maintain transparency throughout the loan process.
Anticipate and address challenges in the underwriting process by offering innovative solutions that meet business objectives while managing risk.
Stay informed on market trends, regulatory changes, and new product developments, and contribute to policy updates and process enhancements.
Perform special projects, and additional duties and responsibilities as required.