Director of Underwriting - In Office, Hybrid or Remote

General Responsibilities:

The Director of Underwriting is a critical leadership position on our management team  responsible for  overseeing the underwriting processes within Longbridge Financial (LBF). This vital role involves developing and implementing strategies to enhance and improve our underwriting processes managing risk to our tolerance level  and helping to ensure the department and its practices are  compliant with applicable rules and regulations. The Director also leads and manages our underwriting team and works to foster strong relationships with other LBF departments. 

Primary Job Duties:

• Responsible for developing tools and techniques conducting analyses of business data and trends reporting on and monitoring key underwriting performance metrics and the communication of these results to your management team and or Sr. Management.
• Engage on strategic initiatives to ensure optimal underwriting outcomes including the identification of opportunities and recommendations to improve underwriting results.
• Develop process steps job aids training materials and underwriting conditions in support of underwriting objectives.
• Effectively communicate risk issues and escalate appropriately.
• Monitor results of internal/external audits
• Develop staffing & capacity model to ensure appropriate staffing to reach defined goals.
• Responsible for creating an environment processes and procedures that are compliant with HUD and investor requirements as well as all laws and regulations with a focus on fair and responsible lending.
• Lead a team of Underwriting Managers and 20-40 Underwriters
• Further develop Jr. Underwriter training program and maintain a team of 3-5 junior underwriters.
• Work with managers and supervisors on team retention
• Ability to identify and resolve complex underwriting issues. 
• Strong interpersonal skills
• Demonstrated ability to build and maintain relationships with internal and external stakeholders. 
• Experience coaching managing remote employees hiring performance management and termination process

Qualifications :

Experience and Skills:

• At least 10 years of residential mortgage underwriting experience with no less than 5 years in leadership position(s)
• Experience building and scaling a team of underwriters and other related professionals
• Extensive knowledge of HECM Reverse and Proprietary mortgage programs is highly desirable
• Ability to work autonomously
• Demonstrated ability to  make decisions on credit exceptions
• Excellent organizational and planning skills with a strong attention to detail
• Ability to work in a team environment
• Must be able to read analyze and interpret procedures manuals policies and regulations.
• Above average oral and written communication skills customer service and analytical skills
• Proficient with Reverse Vision Quantum Reverse and AIQ software tools is desirable
• Must possess a strong working knowledge of FHA underwriting policies and procedures
• Intermediate working knowledge of PC applications (Word Excel MS Outlook)

Additional Information :

• Full benefits
• 401(k) with company match
• Paid time off
• Working in a growing and dynamic industry
• LBF is an EEO/AA/Vet/Disabled Employe
• Please note that salaries that are estimated on various job sites may not reflect the actual compensations. Job sites set the estimated salary not Longbridge Financial.

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Remote Work :

Yes

Employment Type :

Full-time