Underwriter

UnderwriterFocus: Put underwriting skills to use, hone the craft, build in depth knowledge of OriginationsHave in depth knowledge in:Everything learned in Junior Underwriter foundation Originations Policies and SOPs, How to utilize and find documentationLending Compliance Laws and Regulations (ie., ECOA, FCRA, TILA Reg.Z, etc.)TransUnion and Experian credit bureaus informationIn depth knowledge of policies and SOPs (past memorization, knows a policy & the policies surrounding a policy)What is expected of you to do:Comply with lending laws/regulations (ie., ECOA, FCRA, TILA Reg.Z, etc.)Adhere to all company, department, and Origination's Lending policiesEscalate Policy and SOP questions using Escalation Process to ensure alignmentContinue alignment with Department Goals, KPIs, Policies and SOPsUnderwrite and decision Credit Applications efficiently and accuratelyWork as many applications as possible per day to progress towards personal role advancementMake detailed decision notes (link to SOP) on every application and save them in NormanExpected to come prepared and participate actively in all meetings and/or forumsReview submitted income on owned applicationsTake phone calls on owned applicationsMonitor personal Underwriting KPIs (Key Performance Indicators)Builds and delivers their personal weekly key performance indicators recaps for managementWhat is expected of you to do only w/ supervision by Senior Underwriter or Management:Income reviews on owned applications w/ Senior or Management supervision/reviewFunding escalations on owned applications w/ Senior or Management supervision/reviewDecision escalations on owned applications w/ Senior or Management supervision/reviewRole Advancement Requirements:Pass all required Policy ExamsPass most recent Training Compliance Audits for the last X applications reviewedPassed most recent Training Decision Audits for the last X applications reviewedPassed most recent Lending Policy Audits for the last X applications reviewedMeet or exceed Key Performance Indicator metrics for Underwriter for X Months