Vice President of Underwriting – Eastern US
COMPANY OVERVIEW:
This is a growing nationwide mortgage lending and refinancing company with numerous branch locations and licensed professionals dedicated to serving its customers.
They originate, underwrite and service home loans. They provide homebuyers, homeowners and real estate investors across the United States finance and refinance options. Their top solutions include conventional loans, FHA loans, VA loans, USDA loans, and jumbo loans. The company operates over 700 branches and services loans in all 50 states.
POSITION OVERVIEW:
The National Vice President of Agency Underwriting (NVP), is responsible for supporting the SVP of Agency Underwriting while focusing primarily on Escalation Reviews and is responsible for the management of the Agency Underwriting Scenario Team. The NVP provides solutions and assistance to loan level escalations from underwriting management, complex scenarios, and aids in communication to the underwriting department. NVP of Agency Underwriting works with the Credit Risk Team, Training, Underwriting, Operations, Processing, Closing, Post-Closing and Quality Control on projects and communication.
RESPONSIBILITIES:
- Ability to underwrite conventional and government loans (FHA, VA).
- Maintain and report underwriter bonus.
- Provide guidance and solutions to underwriting team and branches for complex underwriting scenarios and escalations.
- Assist in special projects and training as designated by underwriting management.
- Communicate with branches on escalations and escalated scenarios.
- Perform second level reviews as designated by senior underwriting management.
- Work with underwriting team to maintain standard service level agreements.
- Monitor underwriting pipeline to ensure productivity and adherence to set SLAs.
- Provide mentoring and coaching to underwriting staff as identified or required by senior management.
- Utilize problem solving, judgement, knowledge, and experience to effectively remedy loan level issues.
- Manage department reports.
- Manage a team consisting of approximately five to ten individuals.
- Communicate effectively with operations and sales staff to maintain a high level of customer service via phone and email.
- Perform other related duties as assigned by management.
PREFERRED PROFILE:
- Direct Endorsement status from HUD and/or SAR authority from VA, experience with USDA, preferred.
- Understanding of FHA, VA and Conventional loan guidelines, preferred.
- Bachelor’s Degree or equivalent combination of education and experience, preferred.
- 5+ years of Mortgage Underwriting Experience (FHA, VA, USDA, Conventional) with agency guideline knowledge, preferred.
- 3+ years of Underwriting management experience, preferred.
- Working knowledge of ATR/QM requirements.
- Proficient in Microsoft Word, Excel, and Outlook.
- Encompass LOS experience a plus.
- Knowledge of compliance and disclosure requirements.
LOCATION: Remote (Eastern US)
Job ID# 3635045
Artemis invites you to subscribe to our free Job Alerts and “The Hunt” Blog for free insights on hiring and career development.
Artemis Referral Bonus – $500! If you know someone for this job, please join our Referral Bonus Program.