Edit Job Search

A large financial services firm located in Philadelphia, PA seeks experienced mortgage underwriters to join their dynamic team. The Underwriter will be responsible for loan-level quality assurance by reviewing loan files, analyzing and reporting on significant loan quality trends and initiating necessary action to mitigate losses. This is an excellent opportunity to join a major player in the mortgage industry and a top Fortune 500 company.

In this role you will:
  • Re-underwrite closed loans for eligibility with respect to various investor guidelines for the purposes of putback and security law claims.
  • Perform risk analysis and make decisions regarding deficiencies identified during the review process.
  • Identify transaction components that indicate a potential for fraud and perform sufficient investigative work to resolve issues that have been identified.
  • Accurately record data using electronic documentation and underwriting tools.
  • Communicate the results of file reviews both verbally and in written format to internal and external customers.
  • Maintain a sound knowledge of various underwriting guidelines, AUS guidelines and risk assessment tools used to decision mortgage loans.
  • Maintain a sound knowledge of secondary market activity and business practices as they impact underwriting quality and origination activity.

A well-qualified candidate will possess the following:
  • A minimum of 7 years of underwriting experience, with significant manual underwriting experience.
  • Strong understanding of traditional mortgage origination and underwriting practices.
  • A working knowledge of Fannie Mae and Freddie Mac Guidelines.
  • Excellent analytical, problem solving and negotiation skills.
  • Effective written and verbal communication skills.
  • Intermediate Microsoft Word and Excel skills.
  • Secondary market experience and/or previous QA/QC experience is preferred.
  • Previous experience underwriting Sub-Prime or Alt Loans preferred.

EOE/M/F/D/V

About JustinBradley:

Headquartered in Washington, DC, JustinBradley is a nationally recognized leader in connecting financial talent with our extensive client base. Unlike recruiting alternatives, JustinBradley aspires to serve as a trusted advisor, partnering with our candidates to build relationships that last throughout careers. JustinBradley is a 5-time winner of the Inavero Best of Staffing Client Satisfaction Award, presented to fewer than 2% of staffing agencies in North America and one of only 20 companies to receive the Inavero Diamond Award, honoring firms having earned the Client Satisfaction Award each year since its inception in 2010.

Browse mortgage underwriter jobs in Philadelphia, Pennsylvania:

Get jobs like these daily:


See all open QA Mortgage Underwriter Jobs in Philadelphia, Pennsylvania

Back to Top