Leader Bank is looking for exceptionally dedicated team members to join one of the region's fastest growing community banks and mortgage lenders. At the time of its founding in 2002, Leader Bank had one branch office, $6.5 million in assets and 7 team members. Since then, the Bank has become one of the most successful banks in Massachusetts with $4 billion in assets, more than 400 team members, 6 branch offices, and annual mortgage originations of over $2 billion.
Exemplary products and an innovative spirit have driven Leader Bank's rapid growth over the years, and our team members embrace these values. Our mission is to obsess over our clients, make them feel valued, and maintain long-term relationships with them by constantly enhancing our products and processes to always be improving our client experience. For our team members, Leader Bank prioritizes competitive compensation and benefits, a healthy work-life balance, and an environment that fosters diversity and inclusion.
Summary
Leader Bank has an immediate opening for a residential mortgage loan Underwriter. The Underwriter will demonstrate knowledge of the mortgage industry and assist with planning and reporting in accordance with Leader Bank, compliance with federal laws, corporate standards and generally accepted quality assurance and underwriting principles.
Responsibilities

• Reviewing, examining, and underwriting loans to ensure soundness, accuracy, business value and compliance with the standards of both Leader Bank, our corresponding investors.
• Evaluating debt ratio, loan-to-value ratios, credit score, property valuation and various other factors (including risk issues and potential fraud)
• Assisting in identifying, recommending and/or negotiating alternative loan requirements, funding and/or loan-structuring solutions.
• Reviewing and analyzing special conditions, loan deficiencies and exception requests to determine the appropriate action.
• Coaching field personnel and brokers on technical underwriting issues, problems and/or questions.
• Regularly exercising discretion and independent judgment in addressing critical business matters that have a significant financial impact.

Qualifications

• Minimum of two years underwriting experience.
• Experience in underwriting FHA loans. (preferred)
• Experience underwriting condominiums. (preferred)
• Understand the legal, regulatory, economic, competitive, and technological environments which potentially affect various real-estate lending programs.
• Flourish in a fast-paced inside sales workplace environment.
• Possess extensive understanding of underwriting systems and their components.
• Have computer skills.
• Advanced customer-interface skills.
• Possess excellent analytical, interpersonal and communication skills (both written and verbal)

The base salary range below represents the low and high end of the Leader Bank salary range for this position. Actual salaries will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance.
Salary Minimum: $65,443.00 - Salary Max: $98,165.00
The range listed is just one component of Leader Bank's total compensation package for team members. Other rewards may include annual bonuses, commissions, short- and long-term incentives, and program-specific awards. In addition, Leader Bank provides a variety of benefits to eligible team members, including health insurance coverage, a team member wellness program, life and disability insurance, a retirement savings plan, paid holidays and paid time off and vacation.
Leader Bank, N.A., is an Equal Opportunity and Affirmative Action employer and does not discriminate on the basis of race, color, religion, age, gender, marital status, sexual orientation, national origin, disability, military status, veteran status or any other protected class.
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