Equity Underwriter

Job Title - Regional Credit Centers Equity Underwriter

Job Location - Grand Rapids, Michigan

Onsite role (5 days a week)

Job Description -

General Functions:

Perform a wide range of duties related to the underwriting of consumer bank initiated residential real estate requests across multiple states. Render an underwriting decision within the banks credit guidelineswhileensuringcompliancewith federal lending regulations. Handle complex underwriting decisions requiring senior knowledge and unique problem solving abilities Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, andensurethatactionsand behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieve results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Duties and Responsibilities:

*Analyze consumer credit reports for Consumer Lending real estate applications to evaluate risk and make appropriate credit decision for Direct Lending across multiple states, markets or geographic regions.

*Maintain an in depth knowledge of the continual enhancements and changes.

*Consumer Lending policy and procedures in order to ensure consistent treatment of all real estate applications.

*Ability to analyze complex loan requests including cash flow analyst of business and personal tax returns.

*Assist in coaching, identify training needs and provide feedback to less experienced underwriters.

*Manage application pipeline to meet business objectives and stated Service Level Agreements.

*Responsible for ensuring completeness and accuracy of real estate credit application.

*Responsible for ensuring HMDA purpose codes are accurate before rendering a final decision.

*Evaluate customer provided credit documents to support credit decision, including calculation of income, personal financial statement reviews, trust reviews, etc.

*Place orders for bank obtained credit documents in accordance with real estate policy guidelines, and partners with retail and borrower to clear condition with regards to Property Reports, Appraisals, and Flood Certifications.

*Formulate and communicates credit decision (approve, decline or counteroffer) in compliance with established underwriting guidelines, compliance and regulatory requirements.

*Actively participate in ongoing efforts to continually improve customer experience for internal and external customers.

*Demonstrate a thorough understanding of the credit exception process, specifically identifying opportunities with applications and understanding the relevant compensating factors need to present to the exception team.

Job Description

*Review credit applications and recommend decisions on applications over their assigned authority to their manager or senior level underwriters review before communicating final decisions.

*Partner with the Mortgage Line of Business to underwrite simultaneous first and second lien real estate loan requests.

*Develop business relationships and build rapport with internal customers across multiple states to achieve mutual goals.

*Host side by side visits for bank employees to both gain an understanding of our processes and to help build interest in our department and identify possible candidates for filling future needs.

*Demonstrate the ability to be a team player by providing superior customer service, being flexible and approachable.

Supervisory Responsibilities:

Responsible for providing employee timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.

Knowledge and Skills Required:

*College degree in Business or Finance or equivalent work experience.

*Minimum 5 years Consumer Lending or related industry experience.

*Knowledge and understanding of basic financial analysis techniques.

*Strong interpersonal, written and verbal communication skills.

*Ability to make high quality decisions and execute in a time sensitive manner.

*Ability to handle multiple tasks and meet deadlines in fast paced environment.

*Ability to interact with Vice President level managers; build consensus; and motivate others.

*Strong analytical and organizational skills.

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