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Wholesale Underwriting Manager - Remote

Remote:

Full Remote

Contract:

Full time

Salary:

120 - 130K yearly

Experience:

Mid-level (2-5 years)

Work from:

Texas (USA), United States

Offer summary

Qualifications:

Five years mortgage underwriting experience, Three years management experience, High school diploma or equivalent required, Encompass and Desktop Underwriter experience preferred, Knowledge of FNMA, FHLMC, FHA/DE regulations.

Key responsabilities:

Oversee the wholesale underwriting process
Develop and implement new procedures for quality
Train underwriters and operations staff as needed
Collaborate with department managers on underwriting
Establish and monitor departmental performance metrics

Benchmark Mortgage (NMLS #2143) Financial Services SME https://benchmark.us/

501 - 1000 Employees

See more Benchmark Mortgage (NMLS #2143) offers

Job description

Description

Position Overview:

11 Mortgage recognizes the changing regulations that accompany the loan process and holds innovation and adaptability as critical characteristics for our Underwriters and Underwriting Managers. The Underwriting Manager is responsible for the management, training, and development of the underwriters.

Ideal candidates for this position will be experienced in the underwriting process for Agency (FNMA/FHLMC), Jumbo Non-Conforming, Non-QM, and Government lending (FHA/VA), an excellent communicator, and highly experienced in team management and development.

Essential Functions of the Role:

Oversee the wholesale underwriting process; develop and implement new procedures to increase quality and efficiency while maintaining a high level of customer service.
Train wholesale underwriters and operations staff on underwriting process as needed.
Collaborate with various department managers regarding underwriting concerns, trends, and for process improvements.
Ensure loans are underwritten to guidelines that are compliant with state and federal laws and regulations.
Establish and monitor performance metrics within the department, identifying deficiencies and addressing as needed.
Other duties as assigned.

Essential Knowledge/Skills/Abilities:

Ability to delegate and motivate team members
Knowledge of regulatory requirements (FNMA, FHLMC, FHA/DE, etc.)
Strong communication skills
Excellent organizational skills
Ability to work across organizational boundaries
Highly detail-oriented
Strong decision making skills
Advanced problem solving capabilities
Strong critical thinking skills
Proven ability to prioritize and multi-task

Experience Requirements:

Five years mortgage underwriting experience required.
Three years management experience required.
Encompass and Desktop Underwriter experience preferred.

Education/Licensing Requirements:

High school diploma or equivalent required. Some college preferred.

Working Conditions:

Fast-paced environment.
Requires normal vision (corrected) both close and distant.
Requires normal hearing levels (corrected).
Requires working at a desk to use a phone and computer for extended periods of time.
Requires sitting, bending.
Works effectively with frequent interruptions.
Lifting requirements of 10 lbs. occasionally.
Minimal travel <5%.

Compensation: $120,000 - $130,000