Senior Specialist – Loan Underwriting

This is a fully remote position, open to applicants in Virginia.

📋 Description

• Assess and either approve or reject loan applications based on business unit standards within a timely framework.

• Collect essential information to facilitate informed lending decisions.

• Evaluate borrower financial data, repayment ability, collateral strength, and overall creditworthiness.

• Examine and confirm the accuracy of appraisal reports to ensure compliance with guidelines.

• Establish risk levels and formulate approval recommendations.

• Consistently apply underwriting standards.

• Recognize and mitigate potential risks.

• Uphold robust documentation practices.

• Address inquiries from both internal and external customers.

• Collaborate with lending, operations, and risk teams to ensure timely and high-quality credit decisions.

• Mentor, delegate tasks to, and review the work of junior employees.

• Execute additional tasks that align with departmental and business unit objectives.

⛳️ Requirements

• Generally requires over 7 years of relevant experience.

• May necessitate vocational or technical training.

• Possesses advanced knowledge of operational procedures and tools gained through extensive work experience.

• May need to obtain and/or maintain NMLS registration.

• Capable of evaluating and approving or denying loan applications per business unit standards.

• Proficient in analyzing borrower financial information, repayment capacity, collateral strength, and overall creditworthiness.

• Able to review and validate appraisal reports for accuracy and compliance with established guidelines.

• Knowledgeable about underwriting standards, internal policies, investor requirements, and regulatory standards.

• Skilled in identifying and mitigating potential risks.

• Strong documentation practices are essential.

• Ability to operate under limited supervision in non-routine situations.

🏝️ Benefits

• Medical insurance.

• Dental insurance.

• Vision insurance.

• Life insurance.

• Disability coverage.

• Paid time off.

• Retirement savings through a 401(k) plan.

• Wellness resources.

• Additional programs promoting teammates' health and financial well-being.

• Incentive compensation, bonuses, or other variable compensation may be available for specific positions, subject to applicable plans and performance criteria.

• Reasonable accommodations for applicants with disabilities.