Senior Underwriter

Primis Bank•Wilmington, NC

21h•Hybrid

About The Position

The Senior Underwriter is responsible for evaluating and determining the eligibility of loan applications. Responsibilities include analyzing and verifying loan applications, evaluating risks, and making loan eligibility decisions. The Senior Mortgage Underwriter is responsible for exercising sound judgment based on detailed analysis and ensuring all documentation is in compliance with the relevant regulations and collaborates with borrowers and other parties involved in the mortgage process as well as oversee and assist the managers.

Requirements

High school diploma or equivalent required.
Minimum of 7-10 years of mortgage underwriting experience.
Senior knowledge of mortgage loan processing and relevant legal regulations.
Approved DE, VA, FHA, USDA approved designations.
Proficiency in MS Office
Understanding and familiarity with Encompass LOS required
High degree of detail orientation
Professional and effective verbal and written communications
Ability to develop strong relationships across teams
Capability to think holistically with business intuition
Knowledge of the mortgage industry and terminology
Must be flexible, high energy, and able to pivot as needs and importance of projects change
Strong work ethic & discipline required to develop and maintain excellent production and quality results
Proficient understanding of Encompass and Encompass closing docs.

Nice To Haves

Bachelor’s Degree in business, banking, or finance preferred.

Responsibilities

Handle complex underwriting decisions requiring senior knowledge and analyzing loan risk.
Authorizing and underwriting loans.
Reviewing and verifying loan applications and supporting documentation.
Preparing reports on assessment findings.
Making loan eligibility decisions and approving or rejecting applications.
Reviewing and specifying loan conditions as necessary.
Documenting and effectively communicating reasons for the approval/rejection of loans.
Regular, reliable, and predictable attendance.
Comply with industry-related regulations, requirements, and state/federal laws as applicable to the job duties of this position.
May provide training and direction to team members in order to assure clear understanding of compliance and lending guidelines, particularly with those intending to eventually serve in an Underwriter role.
Returning applications with additional documentation to the loan officer for review.
Maintain compliance with and adhere to all state and federal regulations and bank policies and procedures, including, but not limited to Bank Secrecy Act, FACT ACT, Community Reinvestment Act, and EEO/AA/Fair Employment Practices.
All other duties as assigned.