Underwriting Manager
Underwriting Manager Essential Duties and
Responsibilities:
?Provides overall direction to ensure effective pipeline management that will produce quality loan decisions and enhance the customer experience.
?Manages expectations of corporate and other internal groups through effective communication and relationship building.
?Ensure proper underwriting support is being provided.
?Understands key business processes, ability to document process maps and initiate change management to support best practices.
?Continually monitor the Review Checklists to be sure all loans are being reviewed based on most current guidelines and processes.
?Oversee staffing to assure continuity, innovation and effectiveness in support of the major operational functions. This includes underwriters, on-staff appraiser and project approval department.
?Exercise usual authority of a manager concerning staffing, performance evaluation, promotions, salary recommendations and terminations.
?Ensure policy, procedural, guidance changes, etc. are all communicated effectively and in a timely manner.
?Responsible for managing updates and communication to staff.
?Review and assess any exception requests to UW guidelines and provide recommendation to Sr. VP Operations.
?Underwrite loans as needed.
?Review and respond to all post-closing issues and investor suspense's.
?Review and respond to all deficiency letters, audit letters, re-purchase letters, etc.
?Assist in any projects for program releases & complete all needed research.
?Communicate possible credit risk issues and appropriate guideline violations to Sr. VP Operations.
Position Requirements
?Minimum of 7 years residential first mortgage underwriting experience with sound working knowledge of FNMA/FHLMC and FHA/VA underwriting guidelines.
?Ability to work effectively under specific time constraints and must be able to work flexible hours.
?A minimum of 10 years of proven experience in an operational function, including a minimum of 8 years proven management experience, or equivalent.
?FHA Direct Endorsement required.
?Well-developed management, communications, organizational, customer service and decision-making skills.
?Demonstrated interpersonal relationship skills and experience working with all levels of employees, teams and external customers.
?Experience with DU, LP, and FHA Total Scorecard Automated Underwriting systems.
Estimated Salary: $20 to $28 per hour based on qualifications.
Responsibilities:
?Provides overall direction to ensure effective pipeline management that will produce quality loan decisions and enhance the customer experience.
?Manages expectations of corporate and other internal groups through effective communication and relationship building.
?Ensure proper underwriting support is being provided.
?Understands key business processes, ability to document process maps and initiate change management to support best practices.
?Continually monitor the Review Checklists to be sure all loans are being reviewed based on most current guidelines and processes.
?Oversee staffing to assure continuity, innovation and effectiveness in support of the major operational functions. This includes underwriters, on-staff appraiser and project approval department.
?Exercise usual authority of a manager concerning staffing, performance evaluation, promotions, salary recommendations and terminations.
?Ensure policy, procedural, guidance changes, etc. are all communicated effectively and in a timely manner.
?Responsible for managing updates and communication to staff.
?Review and assess any exception requests to UW guidelines and provide recommendation to Sr. VP Operations.
?Underwrite loans as needed.
?Review and respond to all post-closing issues and investor suspense's.
?Review and respond to all deficiency letters, audit letters, re-purchase letters, etc.
?Assist in any projects for program releases & complete all needed research.
?Communicate possible credit risk issues and appropriate guideline violations to Sr. VP Operations.
Position Requirements
?Minimum of 7 years residential first mortgage underwriting experience with sound working knowledge of FNMA/FHLMC and FHA/VA underwriting guidelines.
?Ability to work effectively under specific time constraints and must be able to work flexible hours.
?A minimum of 10 years of proven experience in an operational function, including a minimum of 8 years proven management experience, or equivalent.
?FHA Direct Endorsement required.
?Well-developed management, communications, organizational, customer service and decision-making skills.
?Demonstrated interpersonal relationship skills and experience working with all levels of employees, teams and external customers.
?Experience with DU, LP, and FHA Total Scorecard Automated Underwriting systems.
Estimated Salary: $20 to $28 per hour based on qualifications.
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