Underwriter

Ballston Spa National Bank • Latham, NY

4d

About The Position

Invest in Your Future at BSNB! We are growing! BSNB is seeking an experienced customer-focused individual to join our Retail Lending Department as an Underwriter , to support our continued growth! Join a nationally recognized bank and a capital region Best Place to Work! A DAY IN THE LIFE In this role, you will be responsible for the central underwriting of mortgages, direct and indirect consumer loans, home equities, mobile home loans, and instant money lines. You will assist customers and branch staff by reviewing and analyzing credit and loan applications to make appropriate decisions within Bank guidelines.

Requirements

• A.S. degree preferred; two years related underwriting experience in the consumer and residential lending arenas; or equivalent combination of education and experience required.
• Demonstrated knowledge of FNMA and FHLMC underwriting guidelines required.
• Prior experience in a customer service setting required.
• Computer literacy and a strong attention to detail required.
• The individual must be highly organized and a self-starter.
• Knowledge of consumer lending regulatory and compliance guidelines as well as loan documentation required, including ability to analyze credit reports and working knowledge of income calculations to determine credit worthiness.
• Knowledge of Reg Z and other regulatory requirements required.

Nice To Haves

• Familiarity with DO/DU and LPA preferred.

Responsibilities

• Upon receipt of application, perform all underwriting requirements for loans that will kept in portfolio, sold on secondary market, or put in REIT and enter into appropriate software systems in a timely manner.
• Obtain and review the appraisal and all required documentation from the Branch/Loan Originator to support the AU findings.
• Complete the URAR Appraisal Desk Review form and ensure any issues on the appraisal are resolved.
• Work closely with the Loan Originators to provide assistance in regard to product knowledge, pricing and file requirements.
• Maintain communication with the Loan Originators on loan status in a timely manner.
• Perform central underwriting of mortgages, direct and indirect consumer loans, home equities, mobile home loans, instant money lines.
• Insure loan decisions are consistent with policy, and search for creative solutions.
• Perform closing of home equity loans as volume or coverage needs dictate.

Benefits

• BSNB provides a generous compensation and benefits package . This includes medical, dental, vision, company-paid life insurance, voluntary insurances, and both a 401(k) Plan with a Company match and a pension plan, and tuition reimbursement.
• We invest in you with a generous paid time off package along with 11 paid holidays.
• We believe work-life balance is key to your success and investing in your professional development is key to your growth and satisfaction.
• BSNB provides all employees and applicants an equal employment opportunity in the manner required by law in all aspects of employment regardless of race, color, religion, creed, national origin, age, sex, sexual orientation, gender identity or expression, marital status, military status, disability, predisposing genetic characteristics, domestic violence victim status or any other status protected by local, state, or federal law.
• BSNB is a VEVRAA employer and has a desire for priority referrals of protected veterans.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree
• Number of Employees: 51-100 employees