Underwriter Jobs

About The Position

Requirements

• Customer and Personal Service – Knowledge of principles and processes for providing customer and personal services.  This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
• Economics and Accounting—Knowledge of economic and accounting principles and practices, banking and the analysis and reporting of financial data.
• English Language – Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
• Communication— Good interpersonal communication skills, both oral and written.
• Sales and Marketing—Knowledge of principles and methods for promoting, and selling products or services.
• Clerical—Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records and other office procedures and terminology.
• Bank Secrecy Act – In the performance of all the respective tasks and duties, employee will maintain knowledge of Bank Secrecy Act regulations and all other regulatory, security and bank policies and procedures.
• Bachelor’s degree or equivalent work experience.
• At least 2 years’ experience to include credit training.
• Residential mortgage underwriting experience within the financial sector.

Nice To Haves

• Residential mortgage underwriting to the secondary market is a plus.

Responsibilities

• Determine the advisability of granting credit for diversified types of loans
• Calculates cash flow / debt to income ratio
• Verifies collateral
• Forwards approval package to documentation
• Exercises independent judgment in granting loans within specified dollar amounts while adhering to all lending policies, procedures and regulations as well as bank policies and procedures
• Responsible for soliciting, negotiating and coordinating the closing of routine residential, installment and construction loans in compliance with the Bank’s lending policies and procedures
• Identifies and refers potential sales opportunities as appropriate
• Promotes business for the Bank by maintaining good customers relations and refers customers to appropriate staff for new services as necessary
• Assists with special projects as needed
• Maintains prescribed security measures and controls intended to protect the bank against criminal and fraudulent operations and unnecessary risk or exposure
• Additional responsibilities as assigned by Supervisor
• Attend seminars and meetings as appropriate
• Comply with all safety policies, practices, and procedures.
• Participate in proactive team efforts to achieve departmental and company goals.