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Financial Risk Manager
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A Senior Underwriter is responsible for reviewing mortgage files submitted to Underwriting, calculating income, analyzing debt and assets, and completing an in-depth review of the completed appraisal and title.
Key Responsibilities:- Perform a comprehensive review of mortgage loan files including income, assets, credit, and collateral
- Utilize the client's loan operating system to ensure accurate data entry
- Underwrite loans in accordance with client guidelines, utilizing automated underwriting systems or manual guidelines
- Evaluate and ensure overall loan documents are accurate, complete, and compliant
- Identify and clear red flags or alerts
- Issue loan decisions and condition files accordingly
- Review and approve conditions for compliance and completion of loan files
- Provide exceptional customer service to internal and external clients
- Maintain current knowledge of client and investor requirements
- Resolve pre and post-closing issues related to underwriting
- Assist Processors/Loan Officers in understanding underwriting decisions and conditions