Underwriting Supervisor

Western Alliance Bank•Dallas, TX

About The Position

As an Underwriting Supervisor, you'll be responsible for the management of offshore underwriting resources, including comprehensive review of income, credit, liabilities, and assets to ensure accuracy, consistency, and adherence to agency and company guidelines. This role ensures high quality underwriting production, adherence to Agency and company guidelines, and alignment with AmeriHome/Western Alliance Bank policies and service expectations. In addition, you'll manage the day-to-day as a hands-on manager, prioritizing assignments, and the ability to work with a large team of staff members. You'll be expected to understand the Bank's policies and procedures, and adhere to all laws, rules, regulatory and compliance regulations. Manage underwriters to ensure mortgage loans are underwritten following proper guidelines. Ensure team members are fully trained and current on company’s philosophy and policies/procedures. Manage and review day-to-day tasks escalated by team. Conduct underwriting review process in a manner designed to minimize the company's risk while employing problem resolution techniques in approving loans. Train, coach and supervise all underwriters to the application of all company overlays and agency requirements. Evaluate the structure of the Underwriting team and plan for continuous improvement in efficiency and effectiveness. Develop and maintain a strong working relationship with other departments. Lead and develop a team: responsible for hiring, coaching, performance management, training and development. The ideal candidate will possess strong technical expertise in income, credit, liability, and asset analysis, exceptional communication skills, and experience managing remote and/or offshore teams.

Requirements

7+ years of related experience in Residential Mortgage Loan Underwriting or similar field.
High school diploma required; Bachelor's degree in related field preferred.
Previous leadership experience required.
Intermediate to advanced knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, capital markets and/or other residential mortgage products and services.
Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
Advanced knowledge of mortgage loan products, lending principles and regulatory compliance.
Extensive understanding of mortgage lending principles and underwriting guidelines, including FHA, VA, and conventional loans, loan processing and automated underwriting systems.
Knowledge of mortgage lending principles and underwriting guidelines including self-employed borrowers, partnership, corporation tax return analysis, Appraisal Reviews, condo project reviews, Trust, Leasehold and Power of Attorney documentation.
Intermediate to advanced experience in understanding and knowledge of technology that supports mortgage banking, Encompass (LOS) and core systems and MS Office products.
Advanced speaking and writing communication skills.
DE, SAR or equivalent certification preferred.

Responsibilities

Manage underwriters to ensure mortgage loans are underwritten following proper guidelines.
Ensure team members are fully trained and current on company’s philosophy and policies/procedures.
Manage and review day-to-day tasks escalated by team.
Conduct underwriting review process in a manner designed to minimize the company's risk while employing problem resolution techniques in approving loans.
Train, coach and supervise all underwriters to the application of all company overlays and agency requirements.
Evaluate the structure of the Underwriting team and plan for continuous improvement in efficiency and effectiveness.
Develop and maintain a strong working relationship with other departments.
Lead and develop a team: responsible for hiring, coaching, performance management, training and development.