Careers

Job Description

Job Title:              Junior Underwriter

Department:      Operations / Underwriting

Exemption:         Non-Exempt

Reports To:         National Underwriting Manager

Position Overview:

Subject to the ultimate supervision, direction and control of Company, the Junior Underwriter will be responsible for underwriting conventional resubmissions, appraisals and reconciliations of residential mortgage loans, ensuring compliance with internal and agency program guidelines and meeting or exceeding quality assurance standards. Assist National Underwriting Manager in completing various monthly reports.

Primary Duties & Responsibilities:

• Meet quality underwriting standards/benchmarks as established by RSMC
• Maintain familiarity with the company’s loan origination system
• Assist with all other special tasks or projects as directed by management.
• Meet minimal production as established by the National Underwriting Manager.
• Review and analyze conditions relating to credit/income/asset documentation submitted in order to make a sound determination of creditworthiness per guidelines using department approved checklists and worksheets.
• Underwrite and ensure property appraisals meet standard secondary market investor requirements.
• Use approved automated underwriting systems (LP/DU) daily in the underwriting process.
• Maintain familiarity with all aspects of the automated underwriting systems and how they affect loan approval decisions.
• Apply feedback from the AUS for use in the underwriting process.
• Keep up to date on agency, secondary and internal guidelines
• Attend industry education classes as assigned by the National Underwriting Manager
• Train with Assistant Underwriting Manager and various UW’s in various areas of UW to gain knowledge
• Retrieve Investor Overlays monthly from AllRegs and deliver change summaries to National Underwriting Manager
• Retrieve FHA Neighborhood Watch data from FHA Connection monthly and upload data to report
• Other duties and responsibilities as required; management may assign or reassign duties and responsibilities to this position at any time

Competency Requirements:

• Relationships – We care about the people we serve. Establishes rapport and trust with people easily, developing and maintaining a network of contacts that can provide information, help and access to others; demonstrates personal integrity, honesty and sincerity.
• Expertise – Our people are experts in the field. Acquires and utilizes technical and professional knowledge, skills and judgement to accomplish results and serve customers effectively.
• Problem-solving. We have the know-how and resourcefulness to make it happen. Identifies problems and uses logic, judgment, and data to evaluate alternatives and recommend solutions to achieve the desired organizational goal or outcome.
• Unity. We’re all in this together. Willingly cooperates and works collaboratively towards solutions that generally benefit all involved parties and accomplish group objectives.
• Balance. We want our people to live rich, balanced lives. Maintains perspective; manages boundaries effectively; organizes and prioritizes work; manages life flexibly, being open to change; uses technology wisely; makes effective lifestyle and self-change strategies; manages expectations, being clear about what can(not) deliver.
• Listening. By being great listeners, we can find the right solution to fit your needs. Chooses a communication behavior appropriate and effective for a given situation; conveys thoughts and expresses ideas effectively through verbal and written communication; demonstrates effective, active listening.
• Integrity. Do the right thing, in the right way, at the right time. Demonstrates honesty, keeps commitments, behaves in a consistent manner.
• Commitment. We give you our word. Adheres to the team’s expectations and guidelines; fulfills individual and team responsibilities; acts promptly; takes opportunities to exceed expectations without making unreasonable commitments; keep commitments to follow up with customers, providing solutions that are fair and in keeping with the Company’s mission and policies; responds quickly to customer needs and resolves problems; avoids over-commitments

Education & Experience Qualifications:

• Bachelor’s degree in business or related field from an accredited institution preferred or an equivalent combination of experience and education; high school diploma required
• A minimum of 5 years processing experience of Conventional and Government loans or 2^nd mortgage lien underwriting experience
• Strong overall computer skills (i.e., MS Office, automated underwriting systems)
• Must have excellent verbal and written communication skills
• Must have excellent organizational and team-building skills
• Must have demonstrated judgment and decision-making ability and be detail-oriented
• Must have ability to work remote and have adequate internet service and work space
• Must have comprehensive knowledge of mortgage loan underwriting and agency and investor guidelines and requirements, and ability to apply them in fast-paced environment
• Must have a demonstrated ability to build quality relationships, analyze and comprehend complex financial data, and understand complex mortgage alternatives
• Must have demonstrated PC proficiency, including knowledge of Microsoft Excel and Word

Equal Opportunity:

Republic State Mortgage Company is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer, dedicated to a policy of non-discrimination and non-harassment. All qualified applicants will receive consideration for employment without regard to any federal, state or locally protected class, including, but not limited to, race, color, religion, gender, gender identity or expression, pregnancy, sexual orientation, national origin, genetics, disability, age or veteran status.