Mortgage Underwriter

SKILLS, KNOWLEDGE, AND PHYSICAL REQUIREMENTS

1. High school diploma or equivalency.

2. Ability to read, write, and speak the English language, bilingual helpful.

3. Ability to respond to customer requests with tact, diplomacy, and a sense of urgency.

4. Five (5) years experience in mortgage banking or job-related field and three (3) years of training and/or education or a combination of education and experience providing equivalent knowledge.

5. Ability to organize and prioritize own tasks and responsibilities as well as certain departmental functions to improve overall efficiency as well as to set goals and meet deadlines.

6. Ability to work accurately under deadline situations and to adapt to a fast-paced environment.

7. Ability to present a professional demeanor at all times.

8. Ability to operate basic office equipment i.e., calculator, and PC; with job related software.

9. Ability to handle bank and customer transactions with a high level of confidentiality.

10. Knowledge of state and federal regulations.

11. Knowledge of Alliance Bank’s loan policies and procedures.

12. Knowledge of Alliance Bank’s products and services.

13. Schedules are prepared based on business need and subject to change at any time. This may include the need for evenings, weekends, or holiday coverage.

14. Office setting with moderately varied desk-oriented activity.

15. Repetitive movement of finger, wrist, and hand.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

1. Personify Alliance Bank’s mission statement of The best in allwe do.

2. Actively sell and cross-sell bank services.

3. Provide prompt, courteous, and friendly service.

4. Underwrite loan files to agency and investor guidelines.

5. Communicate errors/deficiencies to Mortgage Loan Processors/Closers.

6. Analyze credit, income, and assets on a loan-by-loan basis to properly assess individual risk, and promptly provide underwriting decisions to Mortgage Originators.

7. Review property documentation including title commitments, sales contracts, insurance, and flood determinations.

8. Review and analyze appraisals for value and compliance in accordance with industry requirements and communicate with appraisers on corrections or changes and supplemental information.

9. Demonstrate the ability to independently make sound decisions based on the credit worthiness of the applicants based on established underwriting guidelines, Bank policies, procedures, knowledge, and experience.

10. Provide exceptional customer care (both internal and external) in a manner that satisfies individual needs of each customer and builds loyalty to Bank.

11. Issue appropriate documentation for FHA, VA, and USDA approvals (credit package and appraisals).

12. Review disclosures during underwriting for trends in non-compliance.

13. Maintain a well-developed knowledge of loan product guidelines and industry regulations, including assisting in the prevention, detection, and resolution of mortgage fraud.

14. Participate in community affairs to increase Alliance Bank’s visibility and to enhance new business opportunities.

15. Keep updated on all Alliance Bank policies and procedures pertaining to position.

16. Attendance and punctuality a must.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Referral program
• Retirement plan
• Tuition reimbursement
• Vision insurance

Physical Setting:

• Office

Schedule:

• 8 hour shift
• Monday to Friday

Education:

• High school or equivalent (Preferred)

Experience:

• Mortgage: 4 years (Preferred)
• Banking: 2 years (Preferred)

Work Location: One location