Residential Underwriter – Terrific Firm, Role and Benefits

Join a very well-established banking client of ours who needs an experienced Residential Underwriting rockstar ASAP! 

Our client is seeking an experienced (4+ years) Residential Underwriter to join their large and active banking team in Miami. The Residential Underwriter prepares credit analyses and underwrites Residential Mortgage loans, as outlined below.

Responsibilities

• Review Tax Returns and other financial docs in order to evaluate the viability of the credit requests.
• Prepare credit underwriting reports which identify and mitigate risk, identify sources of repayment, and conduct sensitivity analyses. 
• Pull credit reports, OFAC and background checks to evaluate and examinate credit references for consistency with information provided.
• Analyze borrower's income and business operations and financial condition to determine their ability to repay loans. 
• Request specific information, and discuss or resolve issues pertaining to borrowers' financial condition and credit risk. 
• Confer with Operations Manager in order to resolve issues with applications.
• Perform credit underwriting and assess credit risk in accordance with the bank's Credit Policu, and issue recommendations about credit proposals. 
• Participate in special projects related to the bank's residential loan portfolio. 
• Ensure compliance with all applicable laws, regulations and policies.

Qualifications

• 4+ years of recent residential underwriting experience. 
• Full knowledge and understanding of banking policies, procedures, regulatory and compliance requirements, including but not imited to: BSA/AML, CDD, EDD and others.
• Strong knowledge of Excel, Word and Powerpoint.
• Strong understanding of residential lending processes, compliance, and documentation.
• Strong organizational, communication, and problem-solving skills.

All applications will be handled with complete confidentiality and will never be shared with any third-parties without your explicit consent.

Ascendo is a certified minority owned staffing firm, and we welcome and celebrate diversity. Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, parental status, military service or any other characteristic protected by federal, state or local law.

Contact information

Tim Parker