Home Loan Underwriting - Sr Home Loan Underwriter

Overview

This position is a Sr Home Loan Underwriter role within Home Loan Underwriting. The role is non-exempt and reports to the Supervisor - Underwriting.

Responsibilities

• Underwrite loan files received daily according to agency, investor, and credit union policy and procedures.
• Review and sign off underwriting conditions in accordance with credit union policy while maintaining established turn times.
• Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance, including bank secrecy and anti-money laundering laws appropriate to the position.
• Apply current knowledge of secondary market requirements regarding credit, income, disclosure, and property; use various agency-related internet and computer-based systems as necessary/required.
• Analyze tax returns, credit and appraisal reports, fraud detection, and other property or income-related reports and documentation to ensure information meets agency, investor, and credit union requirements.
• Organize and prioritize daily workload to ensure compliance with credit union policy, procedures, and established turnaround times.
• Communicate and interact with vendors, servicers, agencies, investors, staff, brokers, and members.
• Maintain current working knowledge of mortgage industry and credit union standards and trends.
• Monitor and resolve quality control or insuring issues on relevant files in a timely manner to prevent delays.
• Work with management to implement procedures that prioritize work within the underwriting and processing area as volume dictates.
• Work closely with originations and operations staff to ensure compliance with credit union and agency guidelines and policies.
• Assist the supervisor or manager with training staff members.
• Assist the supervisor or manager with prioritizing workflow as directed.

Requirements

• H.S. Diploma or General Education Degree (GED) required.
• 10+ years responsible real estate and/or equity lending experience with a financial or banking institution performing underwriting analysis and functions required.

Preferred Qualifications

• College degree or equivalent preferred.

Compensation & Benefits

• Pay range: $41.00 - $47.00 Hourly.
• Competitive, internally equitable total rewards compensation package through a variety of programs, including:
  • Comprehensive compensation package
  • Well-being and work-life balance
  • Career development and growth
  • Rewards and recognition
  • Commitment to Diversity, Equity and Inclusion

Location

• #Remote

Additional Information / Background Screening

• The information provided is intended to indicate the general nature and level of work performed; duties and responsibilities may change over time.
• If you will work at least 8 hours a week in San Francisco, pursuant to the San Francisco Fair Chance Ordinance, qualified applicants with arrest and conviction records may be considered.
• As an NCUA-insured financial institution, all selected candidates must satisfy the background screening requirements of the Federal Credit Union Act, which restricts employment of individuals with certain convictions.