Underwriting Team Lead, Non-Agency - Remote Options Available!

HomeBridge Financial Services, Inc.

Seattle Washington

United States

None
(No Timezone Provided)

Job Description


Scope/Purpose of the Position

Analyzes the risk and compliance of residential mortgage loan applications within the scope of agency, private investor, and company guidelines. Mortgage underwriters are responsible for minimizing the risk exposure of the organization by certifying applications are underwritten to the applicable parameters. The Underwriting Team Lead, Non-Agency will also have additional responsibilities in training, coaching and otherwise assisting Junior and Senior Underwriters with their assigned duties and assisting the Underwriting Supervisor, Non-Agency and/or Underwriting Manager, Non-Agency with special projects.

Key Responsibilities and Essential Functions

  • Technical Expertise: Manage small pipeline to consistent service levels ensuring files are completed within each stage within guidelines set by management and update current systems accurately & timelyCompleting a thorough analysis of loan applications to determine compliance with agency, company and investor guidelines and subsequently issuing compliant loan decisions on each application. Subsequent review of resubmitted loan applications to analyze requested documents necessary to issue a final loan decision. Assist in resolving problems or issues on loan files within the team, elevating to management as appropriate.
  • Administrative: Responding to loan audits and post-closing request for additional documentation in a timely manner.Training, coaching and mentoring Junior and Senior Underwriters with assigned work. This may include reviewing others work, training new staff members and helping the assigned reporting manager with implementing company policies. Coaching and mentoring the Loan Processing staff on underwriting related guidelines and scenarios. Completing self-provisioned and assigned training and research to maintain a current working knowledge of agency and investor guidelines and policies. Monitor pipeline to ensure timely and compliant flow of files based on Company service level agreements and Metrics
  • Team Support Understands and adheres to all policies and procedures as it pertains to their job responsibility.Oversee the day-to-day operations of staff which includes but is not limited to: Assist with execution of SLA's and management productivity metrics. Assist with resolving conflicts or complaints. Escalating to upper management when needed.Assist with the implementation and execution of strategic goals and objectives for the department that are aligned to corporate objectives and mission. Communicate clearly and proactively with others throughout the department to ensure consistency. Intercede on the behalf of upper level management, when needed, for immediate problem resolutionStreamline policies, procedures, and workflow to ensure efficiencyTraining, coaching and mentoring staff to perform their best with assigned work. Creates a positive work environment; sets clear objectives and monitors performance.
  • Work Experience and Knowledge, Skills and Abilities

  • Prior experience in a Senior Loan Processor or Underwriter position analyzing conventional, FHA, VA, USDA, and bond loan applications.
  • Excellent analytic skills, attention to detail, and ability to work within time constraints.
  • Excellent level of interpersonal skills to work effectively with others.
  • Excellent level of oral and written communication skills. Ability to communicate across a variety of audiences.
  • Intermediate level of computer skills and the ability to function in a windows environment utilizing Outlook, Word and Excel.
  • Prior experience with the Ellie Mae Encompass Loan Origination System or similar preferred.
  • Professional and effective interpersonal skills. Solid decision-making skills with display of professionalism in maintaining confidentiality. Ability to build strong relationships with internal business partners to achieve success.
  • Proven ability to motivate, develop, coach and mentor staff at all levels.
  • Ability to rapidly acquire detailed knowledge of departmental policies, practices and procedures.
  • Strong time management skills, fast learner, self-motivated, and comfortable taking initiative and handling multiple responsibilities simultaneously.
  • Committed to taking responsibility and ownership for agreed actions and delivery.
  • Reports to work on a daily and timely basis.
  • Minimum Qualifications

  • High school diploma or equivalent
  • Two-four (2-4) years' experience underwriting non-conforming (JUMBO) loan applications to private investor standards, required
  • Three-five (3-5) years prior experience underwriting credit and collateral to conventional Agency, FHA, VA, USDA guidelines
  • Direct Endorsement (DE) or Staff Appraisal Reviewer (SAR) Designation, preferred
  • Renovation product knowledge, preferred
  • Prior experience with the Ellie Mae Encompass Loan Origination System or similar preferred

  • Underwriting Team Lead, Non-Agency - Remote Options Available!

    HomeBridge Financial Services, Inc.

    Seattle Washington

    United States

    None

    (No Timezone Provided)

    Job Description


    Scope/Purpose of the Position

    Analyzes the risk and compliance of residential mortgage loan applications within the scope of agency, private investor, and company guidelines. Mortgage underwriters are responsible for minimizing the risk exposure of the organization by certifying applications are underwritten to the applicable parameters. The Underwriting Team Lead, Non-Agency will also have additional responsibilities in training, coaching and otherwise assisting Junior and Senior Underwriters with their assigned duties and assisting the Underwriting Supervisor, Non-Agency and/or Underwriting Manager, Non-Agency with special projects.

    Key Responsibilities and Essential Functions

  • Technical Expertise: Manage small pipeline to consistent service levels ensuring files are completed within each stage within guidelines set by management and update current systems accurately & timelyCompleting a thorough analysis of loan applications to determine compliance with agency, company and investor guidelines and subsequently issuing compliant loan decisions on each application. Subsequent review of resubmitted loan applications to analyze requested documents necessary to issue a final loan decision. Assist in resolving problems or issues on loan files within the team, elevating to management as appropriate.
  • Administrative: Responding to loan audits and post-closing request for additional documentation in a timely manner.Training, coaching and mentoring Junior and Senior Underwriters with assigned work. This may include reviewing others work, training new staff members and helping the assigned reporting manager with implementing company policies. Coaching and mentoring the Loan Processing staff on underwriting related guidelines and scenarios. Completing self-provisioned and assigned training and research to maintain a current working knowledge of agency and investor guidelines and policies. Monitor pipeline to ensure timely and compliant flow of files based on Company service level agreements and Metrics
  • Team Support Understands and adheres to all policies and procedures as it pertains to their job responsibility.Oversee the day-to-day operations of staff which includes but is not limited to: Assist with execution of SLA's and management productivity metrics. Assist with resolving conflicts or complaints. Escalating to upper management when needed.Assist with the implementation and execution of strategic goals and objectives for the department that are aligned to corporate objectives and mission. Communicate clearly and proactively with others throughout the department to ensure consistency. Intercede on the behalf of upper level management, when needed, for immediate problem resolutionStreamline policies, procedures, and workflow to ensure efficiencyTraining, coaching and mentoring staff to perform their best with assigned work. Creates a positive work environment; sets clear objectives and monitors performance.
  • Work Experience and Knowledge, Skills and Abilities

  • Prior experience in a Senior Loan Processor or Underwriter position analyzing conventional, FHA, VA, USDA, and bond loan applications.
  • Excellent analytic skills, attention to detail, and ability to work within time constraints.
  • Excellent level of interpersonal skills to work effectively with others.
  • Excellent level of oral and written communication skills. Ability to communicate across a variety of audiences.
  • Intermediate level of computer skills and the ability to function in a windows environment utilizing Outlook, Word and Excel.
  • Prior experience with the Ellie Mae Encompass Loan Origination System or similar preferred.
  • Professional and effective interpersonal skills. Solid decision-making skills with display of professionalism in maintaining confidentiality. Ability to build strong relationships with internal business partners to achieve success.
  • Proven ability to motivate, develop, coach and mentor staff at all levels.
  • Ability to rapidly acquire detailed knowledge of departmental policies, practices and procedures.
  • Strong time management skills, fast learner, self-motivated, and comfortable taking initiative and handling multiple responsibilities simultaneously.
  • Committed to taking responsibility and ownership for agreed actions and delivery.
  • Reports to work on a daily and timely basis.
  • Minimum Qualifications

  • High school diploma or equivalent
  • Two-four (2-4) years' experience underwriting non-conforming (JUMBO) loan applications to private investor standards, required
  • Three-five (3-5) years prior experience underwriting credit and collateral to conventional Agency, FHA, VA, USDA guidelines
  • Direct Endorsement (DE) or Staff Appraisal Reviewer (SAR) Designation, preferred
  • Renovation product knowledge, preferred
  • Prior experience with the Ellie Mae Encompass Loan Origination System or similar preferred