High Net Worth Wealth Management Business Underwriter - Remote
We are now seeking a High Net Worth Wealth Management Business Underwriter to become one of the newest members of our team, supporting one of our customers, global financial services leader.
This position pays $90-$100,000 per year and is overtime eligible.
In this position, you will review and analyze all credit and collateral documents, then issue lending decisions based on the documented borrower profile within the program guideline requirements. Specifically, this will include performing high quality jumbo residential mortgage file analysis, confirming the calculations used to decision the loan such as DTI, LTV, and Reserves, and providing a written summary of loan findings which summarize loan characteristics in the areas of credit, income, assets, collateral, and the overall transaction. We'll look to you to:
• Review credit reports to determine credit pattern, current liabilities, outstanding judgments and collections
• Review residential mortgage appraisal forms
• Analyze asset statements for all types of asset accounts
• Analyze income from salaried, commissioned, self-employed, investments, fixed income sources
• Determine monthly income based on bank statements and/or asset depletion
• Knowledge of the requirements to meet CFPB's Ability to repay standard
• Provide a written summary of loan details which clearly documents any exceptions to company guidelines and appropriate compensating factors
Qualifications
• Minimum of 8 years current mortgage underwriting experience, jumbo mortgage preferred
• BA/BS degree, equivalent education and experience may be considered
• Ability to interact with all levels of staff and management, and communicate effectively with both internal and external customers
• Excellent organizational skills with attention to detail
• Ability to prioritize workload and meet deadlines, to multitask, problem-solve proactively, and think creatively
• Advanced tax return analysis skills
• Experienced residential appraisal review
• Knowledge of the requirements to meet CFPB's Ability to repay standard
Additional Information
All your information will be kept confidential according to EEO guidelines.
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