Digital Risk, LLC.
The Senior Underwriter’s primary responsibilities include reviewing mortgage files submitted to Underwriting. This position requires calculating complex income (such as 1065, 1120s, 1120 and Sch C business income), analyzing debt and assets, as well as completing an in-depth review of the completed appraisal and title. Additional responsibilities include entering data into the client’s loan operating system, and clearing conditions for Final Approval. Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills. Candidates must have client service experience and welcomes speaking with clients.
Essential Job Functions:
Perform complete and in-depth review of mortgage loan files including; income, assets, credit and collateral
Utilize client’s loan operating system to ensure accurate data entry
Underwrite loans in accordance with client guidelines; utilizing AUS or manual guidelines
Evaluate and ensure overall loan documents are accurate, complete, and compliant
Ability to identify and/or clear ref flag or alerts
Issue loan decision and condition file accordingly
Review and approve conditions for compliance and completion of loan file
Provide excellent customer service to internal and external clients
Maintain current knowledge of client and investor requirements
Resolve pre and post-closing issues as they relate to underwriting
Assist Processors/Loan Officers in understanding underwriting decisions and conditions
Minimum 3 years current
conventional mortgage loan underwriting experience
Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags
Basic knowledge of appraisal and ability to recognize red flags and ineligible properties
Thorough working knowledge of Fannie Mae and Freddie Mac underwriting guidelines and automated underwriting engines (DU/LP)
Strong analytic, interpersonal, and verbal and written communication skills
Detail-oriented with strong ability to time manage
Ability to work in a flexible and production-oriented environment
Must be able to work in a high stress environment while delivering a high-level of customer service
Must be willing and able to work as part of a team
Strong capability to work in multiple systems - paperless environment
Must be willing to work in strict security environment
NMLS-MLO Licensure preferred
Candidates must be available to work a schedule including some days up to 8 p.m. and OT/ weekend hours as necessary
Mphasis is an Equal Employment Opportunity/Affirmative Action Employer and maintains a Drug-Free Workplace.
NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization
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