Underwriting Manager Mortgage Banker Finance

JOB SUMMARY:

The Underwriting Manager leads the Mortgage Banker Finance underwriting team with extensive knowledge of mortgage banker finance, strong analytical skills, and the ability to manage and mentor a team of underwriters. Research and implement best process practices and leverage the use of technology and automation to ensure mortgage banker finance credit review processes are efficient, accurate, and service-focused. Underwrite routine, difficult, or complex transaction requests and monitor sellers, investors, transactions, and third parties to support the credit compliance of the mortgage banker finance team and become a subject matter expert on related systems, along with an understanding of the end-to-end process of mortgage banker finance products. 

 RESPONSIBILITIES INCLUDE, BUT ARE NOT LIMITED TO:

• Oversee and manage a team of underwriters, ensuring adherence to company policies and regulatory requirements.
• Conduct comprehensive risk assessments of seller applications, seller renewals, investor approvals, and mortgage transactions, ensuring that all counterparties and transactions meet established credit quality standards.
• Review underwriting guidelines, policies, and procedures for current market suitability. Ensure efficient and effective processing and underwriting of transactions.
• Provide training, guidance, and professional development opportunities for underwriters and other mortgage banker finance staff to enhance their skills and performance.
• Ensure all underwriting activities comply with federal and state regulations, as well as internal policies and guidelines.
• Monitor the performance of the underwriting team and the overall loan portfolio, providing regular reports and insights to senior management.
• Foster positive relationships with clients, addressing their needs and concerns promptly and professionally.
• Performs other duties as may be assigned.

REQUIRED KNOWLEDGE SKILL AND ABILITY:

To perform the job successfully, an individual should demonstrate the following competencies:

•  Strong financial analysis and ability to translate financial spreads into accurate narratives in support of Management Credit Committee decisions.
•  Knowledge / Proficient with all aspects of MS Word, MS Excel, MS Outlook, and Internet. 
•  Proficiency with LoanVantage underwriting system and the mortgage banker finance system of record, WLS.
•  Possess excellent human relations, communications, and business writing skills. 
•  Possess effective time management and organizational skills. 
•  Demonstrates teamwork in facilitating workflow.
•  Elevated level of cooperation with others and is responsive to the Bank’s needs. 
•  Exemplary motivation, enthusiasm, professionalism, and team skills. 
•  Have an elevated level of accuracy and great diligence. 
•  Strong analytical and critical thinking skills 
•  Demonstrates excellent customer service skills. 
•  Ability to cope with pressure resulting from meeting required deadlines, reporting requirements, and training responsibilities. 
•  Exhibit a high degree of professionalism and confidentiality in handling and having access to sensitive customer or employee information. 
•  Ability to manage constant use of tact, discretion, and good judgment. 

EDUCATION AND EXPERIENCE:

A Bachelor’s degree in finance, business administration, or a related field. Master’s degree preferred. A minimum of 5 years of experience in mortgage warehouse lending, with at least 2 years in a managerial role. 

WORK ENVIRONMENT:

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, scanners, filing cabinets, and fax machines. The noise level in the work environment is usually moderate. 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 essential functions.

PHYSICAL DEMANDS:

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 essential functions. While performing the duties of this job, the employee is frequently required to stand; use hands to handle or feel; reach with hands and arms and talk or hear. The employee is occasionally required to walk and sit. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus.

Bank of the Sierra is proud to be an equal opportunity workplace and is an affirmative action employer committed to equal employment opportunities regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.