Job Overview
We are seeking a dynamic and experienced Underwriter Team Lead to spearhead our underwriting operations within our financial services division. In this pivotal role, you will lead a team of underwriters, ensuring thorough risk assessment, compliance with loan regulations, and accurate financial analysis to support sound lending decisions. Your expertise will drive efficiency, uphold industry standards, and foster a culture of continuous improvement. This is an exciting opportunity for a motivated leader with strong financial acumen and a passion for risk management to make a significant impact in a fast-paced environment.
Responsibilities
- Lead, mentor, and develop a team of underwriters to achieve operational excellence and maintain high-quality standards in loan assessment.
- Oversee the underwriting process for commercial lending, mortgage servicing, and other financial products, ensuring adherence to all regulatory and compliance requirements.
- Conduct detailed financial statement analysis, cash flow forecasting, and risk assessments to evaluate borrower creditworthiness.
- Utilize financial software and Excel data analysis tools to interpret complex financial data, supporting accurate decision-making.
- Develop and implement underwriting policies, procedures, and best practices aligned with industry regulations and internal risk appetite.
- Collaborate with cross-functional teams including credit analysts, risk management, and compliance officers to streamline loan processing workflows.
- Monitor portfolio performance metrics, identify potential fraud or anomalies through fraud prevention techniques, and recommend corrective actions as needed.
Skills:
- Five (5) or more years mortgage underwriting experience - Preferred.
- Three (3) years of supervisory or leadership experience. - Preferred.
- Knowledgeable in automated underwriting systems is preferred
- Knowledge with the Encompass Loan Origination System
- Knowledge in Non-QM and Home Equity/2nd Mortgages, a plus.
- Previous Mavent, CoreLogic, Interthinks, FHA, VA, DU, and LP experience preferred.
- Proven experience working in a fast paced, high volume, customer focused wholesale
- lending environment.
- Knowledgeable of Fannie, Freddie, FHA, VA & USDA underwriting guidelines
- Demonstrated knowledge of Agency and regulatory requirements
- High School diploma or GED required; some college preferred
- Excellent verbal and written communication skills with strong attention to detail
- Excellent analytical and problem solving skills
- Ability to work accurately and efficiently in a fast paced environment
- Ability to handle competing priorities effectively and within established timeframes
- Excellent interpersonal skills and positive attitude
This role offers an engaging environment where your leadership will directly influence the quality of our lending portfolio while advancing your career within the financial sector. If you thrive on analytical challenges and leading teams toward excellence in risk assessment and compliance—this is the perfect opportunity for you!
Pay: $57.00 - $59.00 per hour
Experience:
- Underwriting: 5 years (Required)
Work Location: Remote
