Mortgage Underwriter Manager
Position Summary
The Mortgage Underwriter Manager coordinates, manages, and supports the functions of underwriting and processing in the mortgage loan process. In addition, this position is the Senior Underwriter and also underwrites and processes mortgage loans as a part of the production of the department.
Primary Responsibilities
Underwrites the FHA/ VA loans and conventional loans with a Refer or Caution risk class from an automated underwriting system.
Underwrites and approves nonconforming loans.
Reviews and approves exceptions to Lending Policy.
Ensures overall compliance with mortgage regulations through research and training of staff.
Examines and modifies current operating procedures to maximize efficiency.
Develops and updates lending policy manual as necessary.
Supervises, schedules, trains, evaluates, informs, and provides direction to underwriting staff.
Education, Experience & Skills Required
Knowledge of:
Strong oral and written communication skills
FannieMae, FreddieMac, FHA, and VA Guidelines
Regulatory compliance requirements
Strong organizational skills
Strong mathematical skills
Ability to:
Maintain confidentiality of customer information
Take more than normal care to prevent loss to the organization
Underwrite and review closed loan files within given time frame
Perform duties under frequent time pressures
Solve problems independently while applying logic and discretion
Education and Training:
Requires Bachelor's degree or five more years of mortgage underwriting experience.
Mortgage processing experience is preferred.
Requires knowledge of Microsoft Office.
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.
Apply Now
The Mortgage Underwriter Manager coordinates, manages, and supports the functions of underwriting and processing in the mortgage loan process. In addition, this position is the Senior Underwriter and also underwrites and processes mortgage loans as a part of the production of the department.
Primary Responsibilities
Underwrites the FHA/ VA loans and conventional loans with a Refer or Caution risk class from an automated underwriting system.
Underwrites and approves nonconforming loans.
Reviews and approves exceptions to Lending Policy.
Ensures overall compliance with mortgage regulations through research and training of staff.
Examines and modifies current operating procedures to maximize efficiency.
Develops and updates lending policy manual as necessary.
Supervises, schedules, trains, evaluates, informs, and provides direction to underwriting staff.
Education, Experience & Skills Required
Knowledge of:
Strong oral and written communication skills
FannieMae, FreddieMac, FHA, and VA Guidelines
Regulatory compliance requirements
Strong organizational skills
Strong mathematical skills
Ability to:
Maintain confidentiality of customer information
Take more than normal care to prevent loss to the organization
Underwrite and review closed loan files within given time frame
Perform duties under frequent time pressures
Solve problems independently while applying logic and discretion
Education and Training:
Requires Bachelor's degree or five more years of mortgage underwriting experience.
Mortgage processing experience is preferred.
Requires knowledge of Microsoft Office.
Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.
Apply Now