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The Credit Underwriting Team Lead is an experienced professional role which integrates in-depth specialty knowledge with a solid understanding of industry standards and practices; demonstrates good understanding of how the team and area integrate with others in accomplishing the objectives of the subfunction/ job family. Applies analytical thinking and knowledge of data analysis tools and methodologies. Breaks down information in a systematic and communicable manner. Developed communication and diplomacy skills are required in order to exchange potentially complex/sensitive information. Moderate but direct impact through close contact with the businesses' core activities. Quality and timeliness of service provided will affect the effectiveness of own team and other closely related teams.
Job Responsibility:
Provide support to the underwriting manager in managing workflow, reviewing underwriting pipeline reports, and handling escalations
Perform daily pipeline review to ensure loans are reviewed within business service level agreements
Provide support with training new hires
Underwrite highly complicated transactions and remain in production as required to maintain signing authority
Analyze loan scenarios and answer questions on escalated loans, providing resolutions
Review and analyze procedures for more efficient and cost-effective ways of handling the workflow
Act as Underwriting Subject Matter Expert for special projects
Maintain Daily Control Tracking reports for ARCMs (Activities, Risks, Controls, and Monitoring) and distribute to the appropriate channels
Adhere to policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency
Perform other duties and functions as assigned
Requirements:
A minimum of 5 years of related experience, including underwriting agency, non-agency and reviewing appraisals
Demonstrated experience as a mentor and leader
Strong understanding of complicated mortgage transactions and tax return analysis
Excellent written and oral communication, analytical, problem-solving, and decision-making
High school diploma
Bachelor’s/University degree or equivalent experience preferred
What we offer:
medical, dental & vision coverage
401(k)
life, accident, and disability insurance
wellness programs
paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays