Wholesale Mortgage Underwriting, Manager - In House (Not Remote)
At a glance
Location: US-AZ-Phoenix Map
Posted: 06/26/2020
Closing: 07/25/2020
Degree: 4 Year Degree
Type: Full-Time
Experience: Not Specified
Job description

Responsible for managing and supporting the underwriting function in alignment with department policies, practices and standards.

Ask us about our sign on bonus for this position! *Eligible for applicants from 4/1/2020 to 9/1/2020

Job Description
  • Manage an underwriting staff of approximately 5-10 underwriters
  • Ensure underwriting service levels are achieved
  • Ensure underwriting quality meets company and investor standards
  • Carry out personnel management including hiring, counseling, training.
  • Continuously evaluate processes to ensure application of best practices and maximize staff utilization 
  • Provide training as needed to underwriting staff ensuring that all staff are adequately informed of program guidelines and underwriting practices
  • Provide support to production staff regarding  underwriting and credit policy matters
  • Completes second reviews of loan files and resolves exception cases
  • Perform other related duties as required and assigned
  • Demonstrate behaviors which are aligned with the organization’s desired culture and values
Ideal Candidate will have the following:
  • Current and extensive knowledge of FNMA/FHLMC, FHA, and VA program guidelines.
  • Experience analyzing financial statements for high net worth borrowers
  • A thorough understanding of cash flow methodology for complex tax returns including, but not limited to, partnerships, corporations, S-corporations, as well as,  treatment of capital gains and trust income
  • Must be highly proficient in Excel and Word
  • Must be a team player with strong attention to detail and able to work independently
  • Proven track record at delivering timely and accurate information in a fast-paced environment
  • Excellent critical thinking, problem solving, mathematical skills and sound judgment
  • Financial Services and, if possible, mortgage industry experience preferred
  • Strong business acumen and ability to interface with executive management
Years of Experience: 5 Education: Bachelor's Degree
Wholesale Mortgage Underwriting, Manager - In House (Not Remote)