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Role Description

As an Underwriting Team Lead you'll oversee daily underwriting operations, including pipeline management and escalations. Works with cross-functional teams (sales/originations, processing) to support underwriting decisions and improve processes. Mentors’ underwriter team and contributes to training performance.

• Responsible for overseeing a team of quality control Underwriters, that perform quality checks and reviews to ensure loans purchased are of high quality and meet the Bank’s standards and guidelines.
• Quality reviews include re-underwriting of loans to validate income, debts, loan to value and other key data elements.
• Oversee and manage third party vendors that perform underwriting and compliance reviews, to ensure good work quality and timelines are met.
• Manage pipelines to deliver on established SLA’s, and exceed customer expectations.
• Review and approve exception requests and scenarios, decision will be based on strong compensating factors.
• Ensure responses are timely.
• Review and approve customized guidelines submitted by customers.
• Perform market analysis and comparisons.
• Present recommendations to senior managers and sales team.
• Provide process improvement recommendations that will streamline our processes and improve the customer experience.

Qualifications

• 5+ years of related experience in Mortgage Industry, Residential Mortgage Loan underwriting or similar field.
• High school diploma required.
• Previous leadership experience preferred.
• Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, and/or other residential mortgage products and services.
• Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Advanced knowledge of FNMA, FHLMC, FHA, VA guidelines.
• Intermediate knowledge of MS Office products.
• Intermediate knowledge of Encompass.
• Advanced speaking and writing communication skills.

Benefits

• Competitive salaries.
• Ownership stake in the company.
• Medical and dental insurance.
• Time off.
• Great 401k matching program.
• Tuition assistance program.
• Employee volunteer program.
• Wellness program.
• Opportunity to bolster business knowledge and gain hands-on experience.