VP, Underwriting Manager
$31,200–$31,200 year
RemoteTexas, United States
Texas, United StatesRemoteFull Time$31,200–$31,200 yearSenior LevelLarge
Full TimeSenior LevelLarge
Job Summary
Lead and manage a team of underwriters to achieve production and quality goals, prioritizing assignments and overseeing day-to-day tasks. Conduct underwriting reviews to minimize risk while employing problem resolution techniques for loan approvals. Train, coach, and supervise staff to ensure adherence to company policies, regulatory compliance, and agency requirements. Evaluate team structure for continuous improvement in efficiency and effectiveness, while developing strong cross-functional relationships. Manage hiring, performance management, and development for offshore underwriting teams.
Required Qualifications
- 7+ years of related experience in Residential Mortgage Loan Underwriting or similar field
- High school diploma
- Previous leadership experience
- Intermediate to advanced knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, capital markets and/or other residential mortgage products and services
- Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices
- Advanced knowledge of mortgage loan products, lending principles and regulatory compliance
- Extensive understanding of mortgage lending principles and underwriting guidelines, including FHA, VA, and conventional loans, loan processing and automated underwriting systems
- Knowledge of mortgage lending principles and underwriting guidelines including self-employed borrowers, partnership, corporation tax return analysis, Appraisal Reviews, condo project reviews, Trust, Leasehold and Power of Attorney documentation
- Intermediate to advanced experience in understanding and knowledge of technology that supports mortgage banking, Encompass (LOS) and core systems and MS Office products
- Advanced speaking and writing communication skills
Desired Qualifications
- Bachelor's degree in related field preferred
- DE, SAR or equivalent certification preferred
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