Senior Mortgage Underwriter

Senior Mortgage Loan Underwriter Job Summary The Mortgage Loan Underwriter performs appropriate mortgage loan risk assessments to ultimately ensure the origination of an investment quality loan product. This role conducts a thorough evaluation of loan files to ensure they meet minimum requirements of the loan program, laws, regulations, policies, and procedures. The Mortgage Underwriter reports to the Manager, Mortgage Underwriter. Essential Functions Manages mortgage loan pipeline in accordance with departmental processes and expectations Determines compliance with: Loan program guidelines Federal, state, or local government guidelines, and regulations Internal policies and procedures Department compliance and quality control monitoring Assists mortgage production and origination team in qualifying loans and answering questions Maintains collaborative working relationships with all partners throughout the loan process Determines and recommends alternative loan terms or products as appropriate Keeps current on all internal policies and procedures, state and federal regulations, and coordinates with management to address any changes as needed Responds timely to all post funding audits, investor suspense, and other quality issues Assists with timely and accurate regulatory reporting requirements Supports all departmental areas and actively participates in departmental and organizational meetings Other Adheres to all company policies, procedures and business ethics codes Completes required regulatory training as assigned. Maintain strict adherence and compliance to all laws, rules, regulations and internal controls specific to your role, including but not limited to Bank Secrecy Act, Anti‑MoneyLaundering, USA Patriot Act, OFAC and Fair Lending regulations. Knowledge/Skills/Abilities Knowledge Thorough knowledge and experience in underwriting conforming loan products Extensive knowledge of primary Automated Underwriting Systems Strong knowledge of mortgage lending compliance and regulations Skills Strong analytical, documentation, organizational and time management skills with ability to multi‑task in a deadline‑driven environment Excellent interpersonal, written and verbal communication skills Abilities Ability to efficiently work both independently and in a team environment Strong ability to effectively manage daily workload to meet or exceed service levels Ability to exhibit adaptability to effectively adjust to frequent changes Ability to be solution‑oriented and an innovative problem solver Demonstrating Member Obsession Puts themselves in the Member’s shoes Looks for friction points Makes it personalized and easy Demonstrating Performance Excellence Takes responsibility Conducts continuous improvement Demonstrating Innovation Challenges current thinking Approaches change with a positive mindset Experience Seven (7) years in mortgage lending operations underwriting loans Strong experience analyzing and evaluating documentation provided to ensure quality, completeness, qualifying eligibility, and compliance. This includes thorough analysis of: Credit history Qualifying income Assets Collateral, including property‑type requirements (e.g. condominium, PUD) Title and Survey Insurance Disclosures Specific program requirements Experience in reviewing complex income scenarios for self‑employed borrowers Experience in working with Encompass LOS Must be bondable Underwriting experience or designations for: Direct Endorsement / FHA loans VA SAR / LAPP / Veterans Administration loans USDA Non‑conforming products Non‑QM products Renovation and Construction Lending MCC, DPA, Bond programs Physical Demands The physical demands described are representative of those that must be met by an employee, with or without accommodation, in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Frequent While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle or feel; reach with hands and arms; and talk or hear. Specific vision abilities required by this job include close vision, distance vision, peripheral vision and ability to adjust focus. Employee will make extensive use of the telephone and virtual communications requiring the ability to explain complex information effectively and accurately. The work environment characteristics described are representative of those an employee encounters while performing the essential functions of this job. This position requires frequently working onsite at UFCU Plaza in Austin, Texas. This position may involve periodic stressful conditions. May occasionally require an adjusted work schedule, overtime, and evening/weekend hours. Frequent computer use at a workstation up to two hours at a time. The noise level in the work environment is usually moderate Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor. #J-18808-Ljbffr