Senior Mortgage Underwriter
Winchester Cooperative Bank Winchester, MA
- Posted: over a month ago
- $80,000 to $90,000 Yearly
- Benefits: 401k, dental, life insurance, medical, vision,
POSITION SUMMARY: Underwrite mortgage loans to Bank and/or secondary market guidelines and ensure compliance with regulatory requirements. Analyze financial information and collateral documentation to ensure strong and compliant underwriting decisions. Maintain a constant working knowledge of Secondary Market Underwriting Guidelines. Make appropriate lending decisions to recommend loans for approval, decline, counter offer or suspend applications as necessary, adhering to Bank and/or secondary marketing guidelines. Work closely with processing staff and mortgage loan officers to ensure all required documentation is obtained, reviewed and acceptable.
Position requires at least 2-3 years of recent experience in Residential Mortgage loan underwriting and a strong knowledge of secondary market requirements and FHLMC loans. Encompass LOS experience, construction lending knowledge, and MHP One Mortgage familiarity are all a plus but not required. Supervisory experience required for Senior Underwriter position. Excellent verbal and written communication skills along with strong analytical and problem solving skills are a must.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is generally required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.
Typical office environment. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Winchester Co-operative Bank is an Equal Opportunity Employer and makes employment decisions without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. EOE M/F/Disabled/Vet. Salary level is commensurate with experience level. Winchester Co-operative Bank offers a generous benefits package including medical, dental, vision, life, and LTD insurance along with generous 401k match.
Job Type: Full-time
- 401(k) matching
- Dental insurance
- Disability insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Retirement plan
- Tuition reimbursement
- Vision insurance
- 8 hour shift
- Monday to Friday
Winchester Cooperative BankWhy Work Here?
WCB is committed to our employees as much as we are committed to our customers. We have great benefits and champion growth within!
Serving our community remains our life’s work. We strive to provide a safe depository for the Bank's members and to lend funds to improve its members' lives. We're proud of the things we do to make people feel so good about banking with us and of our leadership role in the community. Our commitment to fast, friendly customer service has helped WCB grow, and our growth is the best kind. It's the kind that comes when people discover we're the bank with which they really want to do business.
19 Church StreetWinchester, MA
Finance and Insurance