Mortgage Underwriting Supervisor
U.S. Bank
full-time
Posted on:
Location Type: Remote
Location: Remote • Arizona, California, Nevada, Oregon, Washington • 🇺🇸 United States
Visit company websiteSalary
💰 $86,360 - $101,600 per year
Job Level
Mid-LevelSenior
About the role
- Responsible for directing the day-to-day activities of a designated Mortgage Underwriting Team.
- Analyzes and evaluates residential loan applications originated by U.S. Bank branch offices in accordance with industry and business unit standards.
- Gathers, analyzes and interprets all types of credit information for existing and prospective retail banking customers in order to maximize credit and minimize risk and potential loss.
- Develops and maintains a loan underwriting portfolio consistent with the Bank's guidelines for credit quality and Investor or Insurer standards.
- Approves and/or denies loans within certain limits and makes credit structure and loan eligibility decisions.
Requirements
- Bachelor's degree, or equivalent work experience
- Five to seven years of mortgage underwriting operations experience
- One to three years of experience in a leadership role
- Advanced understanding of factors affecting real estate values and credit analysis
- Strong mathematical skills
- Proficient computer skills
- VA Staff Appraisal Reviewer (SAR) designation preferred
- FHA Direct Endorsement underwriting designation preferred
Benefits
- Healthcare (medical, dental, vision)
- Basic term and optional term life insurance
- Short-term and long-term disability
- Pregnancy disability and parental leave
- 401(k) and employer-funded retirement plan
- Paid vacation (from two to five weeks depending on salary grade and tenure)
- Up to 11 paid holiday opportunities
- Adoption assistance
- Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
mortgage underwritingcredit analysisloan eligibility decisionsrisk assessmentmathematical skillsportfolio managementcredit structureloan application evaluationresidential loan analysis
Soft skills
leadershipanalytical skillscommunicationdecision making
Certifications
Bachelor's degreeVA Staff Appraisal Reviewer (SAR)FHA Direct Endorsement