Underwriter

Imagine Staffing Technology

Amherst, NY

Full-Time

Job Description

Company Info

Job Description

Job Profile

Job Title

Underwriter

Location

Amherst, NY

Hire Type

Direct Hire

Salary

$75k - $80k

Work Model

Onsite

Contact Phone

(716) 256-1289

Contact Email

adugenske@imaginestaffing.net

Nature & Scope:

Positional Overview

Are you a skilled and driven underwriter looking for an exciting career opportunity? Join our client’s team and become a vital part of their success story as an Underwriter. They are seeking talented individuals who possess strong analytical skills, attention to detail, and a passion for making sound financial decisions. As an Underwriter with them, you'll play a crucial role in assessing risk and ensuring the viability of insurance applications, contributing directly to their company's growth and stability. If you thrive in a collaborative environment, enjoy analyzing data, and excel at problem-solving, we invite you to apply. Take the next step in your career and join a team where your expertise and contributions will be valued and rewarded. Apply today and discover the possibilities that await you with them!

Role & Responsibility:

Tasks That Will Lead To Your Success

Complete predetermined testing associated with Representation and Warranties
Prepare written documentation regarding results on testing
Strong knowledge of residential mortgage underwriting; including income, asset, credit, and property underwriting; (consisting of recalculating income/assets, DTI, etc.)
Analyze complex self-employed tax returns and financial documents
Analyze and evaluate collateral through appraisals and other applicable evaluation tools
Review fraud detection results used in underwriting
Review and understand the Preliminary and Final Title Policy
Thorough review and understanding of the mortgage process flow from origination to closing
Strong knowledge of CFPB TRID QM/ATR and TILA rules and requirements
Experience with Compliance Ease and Compliance Analyzer
Assist in UAT testing of internal processing system updates
Assist in the review of new deal documents when requested
Maintain familiarity with mortgage industry regulations updates and underwriting guidelines

Skills & Experience:

Qualifications That Will Help You Thrive

College Degree in business or related field
5-7 years of experience in the residential mortgage industry
Minimum of 3-5 years of recent experience in mortgage underwriting
Knowledge of applicable industry tools such as Core Logic, Lexis/ Nexis, AM Best, National Appraisal Registry, PACER, ComplianceEase
Thorough understanding of mortgage lending, state and federal regulatory requirements including Reg Z, RESPA, Fair Lending, and TRID
Understanding of secondary market requirements and underwriting policies, and procedures within required areas
Experience with condominium and co-op reviews
Loan closing experience desired
Working knowledge of loan documentation requirements
Working knowledge of the Title review process
Experience with various mortgage products and loan programs
Experience working with numerous originators and lenders a plus
Experience with Conventional, Non-conventional, FHA, VA, and business purpose loans
Experience with quality control auditing is a plus
Having worked as an underwriter or contract underwriter
Proficiency in Microsoft Office Products including Word, Excel, and PowerPoint
Excellent interpersonal, written, and oral communication skills
Strong organizational and time management skills
High attention to detail required
Ability to professionally manage confidential information
Skilled in reading AUS Engine reports such as DU or LPA
Ability to identify the strong points of a well-articulated underwriting guidelines and Matrices
Experience with document imaging and workflow systems
Must be able to work well in both a team environment and on an individual basis
Must be a motivated self-starter