What are the responsibilities and job description for the Underwriter position at First Avenue Funding?
Job Overview
We are seeking a detail-oriented and analytical Underwriter to join our team. The ideal candidate will be responsible for evaluating and assessing the risk of prospective borrowers and determining appropriate terms and conditions for loans. This role requires strong financial acumen, excellent negotiation skills, and the ability to analyze complex financial data. The Underwriter will play a crucial role in ensuring the profitability and sustainability of our portfolio.
Responsibilities
- Evaluate loan applications and assess creditworthiness through comprehensive credit analysis and financial statement review.
- Conduct financial modeling to forecast potential risks associated with underwriting decisions.
- Negotiate terms and conditions with clients to ensure favorable outcomes for both parties.
- Manage a diverse portfolio of clients, ensuring compliance with internal policies and regulatory requirements.
- Process loans efficiently while maintaining accuracy in documentation and reporting
- Utilize financial software to streamline underwriting processes and improve efficiency.
Requirements
- Proven experience in underwriting or a related field, with a strong understanding of financial principles.
- Proficiency in financial modeling, credit analysis, loan processing, and portfolio management.
- Excellent negotiation skills with the ability to communicate effectively with clients and stakeholders.
- Strong analytical skills with attention to detail, capable of interpreting complex financial data.
- Familiarity with financial software tools that enhance productivity in underwriting tasks.
- A solid understanding of tax regulations as they pertain to underwriting practices.
- A degree in finance, economics, business administration, or a related field is preferred.
Join our team as an Underwriter and contribute to our mission of providing exceptional service while managing risk effectively.
Job Type: Full-time
Pay: $65,000.00 - $70,000.00 per year
Benefits:
- 401(k)
- Health insurance
- Paid time off
Schedule:
- 8 hour shift
- Monday to Friday
Ability to Commute:
- Birmingham, AL 35233 (Required)
Ability to Relocate:
- Birmingham, AL 35233: Relocate before starting work (Required)
Work Location: Hybrid remote in Birmingham, AL 35233
Salary : $65,000 - $70,000