Underwriting Manager

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

📋 Description

• Oversee the daily operations of the underwriting team, enhancing productivity, accuracy, service quality, and compliance with guidelines.

• Collaborate across various departments including Sales, Processing, and Closing teams.

• Assess applicant information against underwriting standards to identify high-risk cases, verify application completeness, and provide investment recommendations.

• Act as the primary contact for escalations related to eligibility.

• Guide the team on investment choices for complex cases and escalations, ensuring alignment with Hometap's risk criteria.

• Recognize and mitigate underwriting risks by monitoring QC error trends and identifying emerging risk patterns.

• Mentor and develop underwriters to enhance performance in pipeline management, communication, and quality assurance.

• Ensure compliance with investor guidelines and Hometap procedures by all team members.

• Engage in recruiting, career development, and succession planning for the team.

• Suggest actionable strategies and adjust underwriting processes as needed in response to changing circumstances.

⛳️ Requirements

• A minimum of 5 years of underwriting experience in residential finance.

• At least 2 years of experience in managing a production-oriented team.

• Exceptional attention to detail, with strong proofreading and fact-checking capabilities.

• Strong critical thinking and decision-making abilities, especially in complex, ambiguous situations.

• Comfortable collaborating with legal and compliance teams to address potential issues.

• Ability to handle multiple tasks and thrive under pressure in a fast-paced environment.

• Experience in leading, motivating, and developing a team.

• Proactive in daily tasks, with the capacity to balance various responsibilities.

• Strong communication skills, effective in working with Sales, Processing, and Closing teams.

• Excellent client service skills.

• Bachelor's degree, preferably in business, finance, or a related discipline.

🏝️ Benefits

• Competitive compensation.

• Healthcare coverage.

• Generous paid time off (PTO).

• Meaningful equity package.

• Opportunities for team-building and camaraderie.

• Additional incentives.

• Comprehensive medical coverage.

• Dental coverage.

• Vision coverage.

• Work-from-home stipend.

• Parental leave.

• Paid time off.