Previous Job
Previous
Underwriter (BankFive)
Ref No.: 16-08056
Location: Fall River, Massachusetts
Performs a variety of duties related to the origination of first and second mortgages and equity lines of credit.

REPORTS TO: Senior consumer lending manager
SUPERVISES: No direct reports

PREFERENCES & REQUIREMENT:
  • Minimum five years underwriting experience. (II)
  • Knowledgeable in secondary market and FHA underwriting guidelines.
  • Good oral and written skills.
  • Computer skills
  • Product knowledge
  • Cross sell Bank products when opportunities arise.
  • Familiar with automated underwriting systems.
  • Must be a licensed Mortgage Originator or eligible for licensure
  • High school diploma or equivalent.

ESSENTIAL FUNCTIONS :
  • Qualifies applicants based on program requirements.
  • Reviews pipeline reports on a daily basis.
  • Analyzes credit reports, appraisal reports, verifies income, employment, and assets.
  • Reviews tax returns and financial statements for qualification and compliance with secondary market guidelines.
  • Uses automated underwriting systems (Desktop Underwriter DU) and follows for all requirements of the approval.
  • Answers all inquiries from officers, applicants and brokers regarding pipeline status.
  • Recommends/approves mortgages within loan authority.
  • Follows for resolution of conditional approvals.
  • Provides assistance to loan originators when needed.
  • Must meet annual registration requirements set forth under the S.A.F.E Act.
  • Performs additional duties as assigned including answering telephone inquiries, researching accounts, assisting in other areas of mortgage originations if needed.
ADDITIONAL RESPONSIBILITIES:
  • Ensures confidentiality of customer transactions.
  • Maintains knowledge of customer services in area of responsibility.
  • Observes security procedures.
  • Performs other duties within scope of responsibility.

PHYSICAL DEMANDS:
  • Hand dexterity required to operate computer terminal and/ or related equipment.
  • Eye Coordination required to operate computer/teller terminal.
  • Drives to and attends meetings as required.
  • Moves around bank between levels or floors while performing duties.
  • Bending and stretching in work area.
  • Sitting at desk or computer work station for periods of time.
  • Lifts books, ledgers, records, etc.
  • Walks around bank location in the performance of duties.
  • Speaks and listens to customers and explains Bank services.
ControlID: 14.234.89 SHR