Senior Underwriter

Job Title

Underwrite Conventional and Government (FHA, VA, USDA) residential mortgage loans for sale in the secondary market, as well as Non-QM, GRB Portfolio Loans, Construction loans, and home equity lines and loans.

Primary Responsibility

Underwrite Conventional and Government (FHA, VA, USDA) residential mortgage loans for sale in the secondary market, as well as Non-QM, GRB Portfolio Loans, Construction loans, and home equity lines and loans.

Essential Functions

• Underwrite Conventional, Non-QM, and Government (including FHA, VA, and USDA) mortgage loans, pursuant to secondary market and investor guidelines.
• Underwrite residential portfolio loans, construction draw loans, consumer loans, and home equity lines and loans pursuant to GRB credit guidelines.
• Develop and maintain expert knowledge base related to underwriting requirements of FNMA, FHLMC and correspondent lending partners (investors).
• Develop and maintain thorough knowledge related to the different grant programs in which GRB participates.
• Possess strong working knowledge of the automatic underwriting systems (DU, LP, GUS).
• Develop and maintain good working relationships with Sales and other internal mortgage staff, attorneys, realtors, title companies, appraisal firms and other business-related customers.
• Assist loan officers and processors with questions related to underwriting policies and loan structuring.
• Work with post-closing department on any suspense related items clearing them in a timely manner.
• Assist other underwriters as backup when required.
• Work as a mentor with other junior staff members
• Develop and maintain knowledge of, and work within, all compliance requirements for residential mortgage lending to include Bank Policies, Laws and Regulations.
• Provide review of files in designated timeframes and issue Commitments as required. Active participation in demonstrating the behaviors outlined in the GRB Experience.
• Related Bank assignments or duties as directed by the Residential Underwriting Manager.

Education and Experience

Bachelor's degree or commensurate experience required, preferably in a business-related discipline plus a minimum of 5 years' experience underwriting secondary market residential mortgage loans and a minimum of 3 years' government loan underwriting experience, or the equivalent combination of education and experience.

• Active CHUMS ID# required, SAR ID # and SONYMA experience preferred.
• Expert knowledge in a minimum of two of the following: Non-QM, FHA, VA and USDA regulations and underwriting guidelines, must be fluent in all three within 12 months in position.
• Knowledge and experience with FHA Connection and VA Portal
• Knowledge of Fannie Mae DU, Freddie Mac LP, GUS, FHA Total Scorecard.

Competencies

• Provide a remarkable client experience. Greet clients with warmth, genuine interest and a smile.
• Lead by example. Identify current or potential problems, take ownership and see them through to resolution.
• Act as a unified team. Possess strong interpersonal skills including the ability to proactively communicate with and help others, within and across departments.
• Ability to work independently. Seek and incorporate feedback on your performance from management, coworkers and clients.
• Demonstrated PC literacy.
• Strong attention to detail and organizational skills.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to use hands or fingers, handle, or feel and reach with hands and arms. The employee frequently is required to stand, sit, and talk or hear. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.

Work Environment

The work environment is an indoor, climate-controlled office setting. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Genesee Regional Bank is an equal opportunity organization. We recruit, employ, train, compensate, and promote without regard to race, religion, color, national origin, age, sex, disability, veteran status, or any other basis protected by applicable federal, state, or local law. THIS JOB DESCRIPTION IS SUBJECT TO CHANGE AT ANY TIME.

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.