What are the responsibilities and job description for the UNDERWRITING MANAGER position at KMC?
Key Responsibilities :
- Manage and oversee the credit operations department, ensuring timely and accurate adjudication of credit decision
- Lead and manage the underwriting team, providing guidance and support to ensure high performance.
- Establish and follow Decision Turn Time SLAs for Dealer Service Center
- Develop and implement comprehensive underwriting policies and procedures.
- Function as a Collaborator with Processors, Sales, and external customers, with an obsession with delivery high quality service.
- Underwrite loans by performing a thorough due diligence analysis and reviewing loan documentation by adhering to company policies, procedures, lending guidelines, structuring loans based on a variety of loan programs offered
- Evaluate and analyze complex credit applications to determine risk and make informed approval decisions.
- Regularly review and analyze funding processes to identify opportunities for efficiency improvements
- Ensure underwriting operations comply with regulatory requirements and company standards.
- Take initiative with a clear business mind providing problem-solving solutions with a collaborative approach while collaborating with appropriate parties associated with the loan, before, during and after closing
- Utilize Microsoft Office and Loan Origination Systems (LOS) to oversee and manage loan applications.
- Escalate and evaluate loan exceptions to management for review and final decision
- Maintain accurate and up-to-date records of all underwriting decisions and documentation.
- Collaborate with other departments to achieve organizational goals and improve operational efficiency.
- Manage, mentor, train and assist a team of both experienced and new underwriters.
- Provide training and professional development opportunities to underwriting staff.
- Review loans for completeness, accuracy, compliance and raise potential risks and concern, including deficiencies in funding
- Deliver excellent customer service and support to dealers and customers regarding financing options.
- Review loans for completeness, accuracy, compliance and raise potential risks and concern, including deficiencies in funding
- All other job duties as assigned.
Qualifications :
Profile Differentiators :
Salary Range :
90,000 - $120,000 annually, based on experience and qualifications.
Equal Opportunity :
KMRF is an Equal Opportunity Employer; employment with KMRF is governed on the basis of merit, competence and qualifications and will not be influenced in any manner by race, color, religion, gender, national origin / ethnicity, veteran status, disability status, age, sexual orientation, gender identity, marital status, mental or physical disability or any other legally protected status.
Salary : $90,000 - $120,000
