Senior Underwriter

Senior Underwriter

The Senior Underwriter is responsible for evaluating and determining the eligibility of loan applications. Responsibilities include analyzing and verifying loan applications, evaluating risks, and making loan eligibility decisions. The Senior Mortgage Underwriter is responsible for exercising sound judgment based on detailed analysis and ensuring all documentation is in compliance with the relevant regulations and collaborates with borrowers and other parties involved in the mortgage process as well as oversee and assist the managers.

Essential functions include handling complex underwriting decisions, authorizing and underwriting loans, reviewing and verifying loan applications and supporting documentation, preparing reports on assessment findings, making loan eligibility decisions and approving or rejecting applications, reviewing and specifying loan conditions as necessary, documenting and effectively communicating reasons for the approval/rejection of loans, and ensuring regular, reliable, and predictable attendance.

Marginal functions include complying with industry-related regulations, providing training and direction to team members, returning applications with additional documentation to the loan officer for review, maintaining compliance with all state and federal regulations and bank policies and procedures, and all other duties as assigned.

Minimum educational and experience requirements include a high school diploma or equivalent, a bachelor's degree in business, banking, or finance preferred, minimum of 7-10 years of mortgage underwriting experience, senior knowledge of mortgage loan processing and relevant legal regulations, and approved DE, VA, FHA, USDA designations.

Minimum skill requirements include proficiency in MS Office, understanding and familiarity with Encompass LOS required, high degree of detail orientation, professional and effective verbal and written communications, ability to develop strong relationships across teams, capability to think holistically with business intuition, knowledge of the mortgage industry and terminology, flexibility, high energy, and ability to pivot as needs and importance of projects change, strong work ethic & discipline required to develop and maintain excellent production and quality results, and proficient understanding of Encompass and Encompass closing docs.

Physical demands include continuous stationary position at a desktop computer, continuous repetitive use of hands/arms concerning to typing, writing, phone & computer use, and continuous communication: verbal and written, in-person, phone and electronic.

Work environment includes office environment; remote and hybrid flexibility if determined by management.