Senior Underwriter

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

📋 Description

• Lead the evaluation and assessment of intricate mortgage loan applications, ensuring compliance with company policies, investor guidelines, and regulatory standards.

• Serve as a subject matter expert, offering insights on risk analysis and best practices in underwriting.

• Conduct thorough reviews and analyses of complex loan applications, including borrower creditworthiness, income, assets, and property valuations, using advanced judgment to mitigate risk.

• Make high-level underwriting decisions regarding approvals, counteroffers, or denials, taking into account nuanced risk factors and the long-term impact on the portfolio.

• Ensure that all underwriting activities comply with company policies, federal and state regulations, and investor requirements, while proactively identifying compliance gaps and recommending improvements.

• Act as a resource for junior underwriters and team members by providing training, guidance, and feedback to improve underwriting quality and consistency.

• Effectively communicate with loan officers, processors, and management to resolve complex issues, negotiate conditions, and maintain transparency throughout the loan process.

• Anticipate and address challenges in the underwriting process by proposing innovative solutions that align with business objectives while managing risk.

• Stay updated on market trends, regulatory changes, and new product developments, contributing to policy updates and process improvements.

• Undertake special projects and additional duties as required.

⛳️ Requirements

• Bachelor’s degree (or equivalent) in finance, business, or a related field; OR an associate degree with two (2) years of relevant experience; OR a high school diploma (or equivalent) with four (4) years of relevant experience.

• At least three (3) years of progressive experience in the relevant field.

• Demonstrated skills and experience in mortgage underwriting functions.

• Advanced knowledge of multiple loan products.

• Proven experience with Microsoft Office 365 and technology including Encompass.

• Willingness to pursue continuing education, certifications, and other opportunities for advancement within the organization.

• Strong analytical and problem-solving skills.

• Excellent interpersonal and communication skills with the ability to speak confidently.

• Capability to thrive in a dynamic environment where priorities shift frequently, requiring employees to adapt to various roles.

• Detail-oriented with the ability to think creatively and prioritize tasks and decisions in a timely manner.

• Self-motivated yet effective in a collaborative team setting.

• Responsive and customer-focused, demonstrating sound professional judgment.

🏝️ Benefits

• Health, Dental, Vision, & Life Insurance

• Financial Wellness Planning & Coaching

• Counseling Support Services & Resources

• Paid Parental Leave

• Pet Insurance

• 401K Match

• Employee Bank Accounts with Quontic

• Generous Paid Time Off