Mortgage Underwriter - Los Angeles Metro Area On-Site Candidates (Not Remote)

Company: CTBC Bank Corp. (USA)
Location: Washington
Posted on: January 16, 2022

Job Description:

POSITION SUMMARY:----

• Perform in-depth underwriting review of mortgage loan files for compliance with applicable State and Federal laws and adherence to specific lender guidelines to support mortgage productions and quality control.
• Ensure familiarity and compliance with the Bank's policies and procedures and governing laws and regulations.--ESSENTIAL FUNCTIONS:Review: (60%)
  • Examine loan documentation for accuracy and completeness.
  • Analyze all required information and underwrite all portfolio and secondary market mortgage loan files for preliminary and final approval.----------------Communicate corporate and investor guidelines and respond to customers, loan processors, and loan consultants in a timely and professional manner.Knowledge: (25%)----------------Handle underwriting, quality control plans and reviews, data delivery and appraisal reviews. ----------------Underwrite residential mortgage loans in compliance with federal, state regulations and laws and secondary market guidelines.----------------Maintain a sound knowledge of all regulatory compliance requirements, secondary market activity, practices, and business/industry practices as they impact underwriting quality and origination activity.General (15%)
    • Familiarize and comply with all applicable Bank's policies and procedures as well as governing laws and regulations. ----------------Performing all assigned duties under Bank's compliance programs and related laws & regulations.----------------Successfully completing all mandatory training on related Bank's and BSA compliances as well as other laws and regulations as assigned in a timely manner.OTHER RESPONSIBILITIES: ----------------Train new Underwriter as well as other team members, such as Processors and Closer.----------------Train and advise MLO in restricting their loan submission, to enhance the credit quality of the bank's portfolio.----------------Perform timely response to all Audit and Examination findings.----------------Perform other duties as assigned.--Education, Experience and Skills Required:----------------Bachelor's degree in Finance, Business Administration, Accounting, or other relevant Business fields is preferred.----------------3-5+ years of mortgage industry experience including underwriting.----------------Mortgage underwriting experience in retail environment for conforming & conventional loan. (FHMA)----------------Familiar with Desktop Underwriting and Condo Project Approval.----------------Working knowledge of credit, finance, lending procedures and legal and audit regulations.----------------Analytic, quantitative, interpersonal, verbal and written communication, and PC skills.----------------Must be a demonstrated team player.--

Keywords: CTBC Bank Corp. (USA), Washington DC , Mortgage Underwriter - Los Angeles Metro Area On-Site Candidates (Not Remote), Other , Washington, DC