Underwriter III

PLAZA 2 200 S. 7th St Louisville, KY 40202, USA Grade 11 Position Purpose and Objectives The Underwriter III is responsible for complete analysis of loan packages to deliver valid credit decisions and ensure the loan file is eligible for funding according to bank, investor, and agency guidelines. Additionally, this position has exception authority provided the DTI doesn’t exceed 43% of the published lending authority chart. Eligibility Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time. Minimum Qualifications Minimum of 5 years mortgage underwriting experience required. 1 year FHA – Direct Endorsement (DE) certification required. VA – LAPP approved preferred. Kentucky Housing Corporation delegation preferred. Working knowledge of Loan Prospector, Desktop Underwriter and FHA Connection. Proficiency in Microsoft Office products and internet applications. Essential Job Functions and Responsibilities Underwrite portfolio and secondary market loans in accordance with agency/bank guidelines including FHA, VA, RHS (rural housing) and Jumbo loans. Ensure application packages are complete before forwarding to processing area. Perform timely reviews of loan submissions and conditions. Work as a liaison between lenders and processing to correct deficiencies in pending files. Be knowledgeable of all loan programs offered & requirements of those programs. Work with the lenders in the banking centers to further their knowledge of secondary market & portfolio guidelines. Effectively communicate with branch personnel, loan officers, originators, and centralized loan personnel. Be an expert resource for loan officer inquiries. Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation if required. Model and foster behaviors that support the Bank’s values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization. Willingly perform all other duties and projects as assigned. Interpersonal Skills and Competencies Required Excellent verbal and written communication skills. Must be self‑motivated and work well in a team environment. Requires a high energy level and strong sense of urgency. Highly detail oriented and able to maintain high levels of accuracy. Physical Requirements The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this position, the associate is regularly required to sit, use hands to finger, handle, or feel; and talk or hear. The associate frequently is required to stand or walk. The associate is occasionally required to reach with hands and arms. The associate must occasionally lift and/or move 10 pounds. Specific vision abilities required by this position include close vision and distance vision. The noise level in the work environment is usually moderate. Other Requirements Travel between Republic Banking facilities may be required including occasional out of town travel. Flexible work schedule may include some evenings, weekends and/or overtime. Stay abreast of new developments, best practices, and statutory and regulatory changes. 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