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Mortgage Underwriter 3 (SunTrust)
Ref No.: 16-07407
Location: Long Beach, California
Basic Requirements:
Responsible for underwriting residential first mortgage loans, while ensuring compliance with Bank, FHA/VA, and Secondary Market standards, as well as role-based corporate procedures. Communicate with Processors, Originators, and other internal and external customers. Meet performance standards and goals established by Production Operations and Mortgage Credit Risk Management.

Responsible for underwriting loans of a complex nature, including Conforming Conventional, FHA, and VA, Bond/Housing authority, and Non-Conforming loan products. May be required to assist with projects and development training for fellow teammates.

Qualifications

Basic Qualifications:
  • Five+ years mortgage loan underwriting experience or equivalent, including three years of experience with manually underwritten and/or non-conforming loan amounts.
  • Existing DE must meet HUD requirements as outlined in HUD handbook 4000.1
  • In depth knowledge of Credit Risk Management principles with a strong capacity to address credit related issues and points of risk to ensure underwriting meets quality assurance and investor standards
  • Ability to perform a comprehensive validation review of credit, income, assets, compliance, policy, or program requirements, based on automated or manual underwriting results
  • Familiarity with secondary marketing requirements
  • Proven effective communication skills, with the ability to negotiate and work effectively in a collaborative, matrix oriented environment
  • Excellent interpersonal skills and extremely client focused
  • Proven effective communication skills, with the ability to negotiate and work effectively in a collaborative environment
Preferred Qualifications:
  • Experience reviewing complex financial documents such as personal and/or business tax returns and financial statements
  • Bachelor's Degree or equivalent work experience
  • DE Authority
  • VA Authority
Quality and Productivity:
  • Ability to meet and preferably exceed productivity expectations in a fast-paced, high volume environment with pipeline and conditions management, while maintaining acceptable quality and client satisfaction results.
  • Provide timely and accurate communication of credit risk decisions to impacted stakeholders
Benefits:
Your life is full of responsibilities; SunTrust provide the tools and resources to help you balance your Work and your Life needs through the following benefits:
  • Medical, Dental, and Vision Plans
  • Retirement Plan – 401k with matching
  • Life insurance
  • Disability insurance
  • Time away from work – vacations and holidays
  • Professional development - SunTrust University, an in-house career growth and employee development program
  • Tuition Assistance - financial help for going back to school
About SunTrust:
SunTrust is one of the nation's largest and strongest financial services holding companies in the United States. We offer over 1,500 branches and 2,800 ATM in convenient locations throughout the southern regions of the U.S. SunTrust provides deposit, credit, trust, and investment services to a broad range of retail, businesses, and institutional clients.

ControlID: 14.234.89 SHR