Senior Director Underwriting

Job Title:

Senior Director Underwriting

Location:

TX - Dallas/Irving

What youll do:

As a Senior Director Underwriting youll be accountable for leading strategizing and executing underwriting and appraisal functions across all business lines and channels including Correspondent Delegated and Non-Delegated Portfolio Lending and Retail Lending. This role also includes driving the oversight development and performance management of underwriters and underwriting managers within the lending channel. You will define implement and continuously refine the vision and strategy for all underwriting divisions within AmeriHome ensuring alignment with organizational goals and risk appetite. Additionally youll lead initiatives to enhance departmental productivity efficiency and customer service across multiple underwriting teams. You will ensure credit operations meet or exceed production and financial targets while maintaining process excellence and loan quality. You will also be responsible for building and sustaining strategic relationships with AmeriHomes agency and Non-Agency partners: Fannie Mae Freddie Mac FHA VA USDA Ginnie Mae and other investors. Youll collaborate cross-functionally to ensure consistent underwriting practices and alignment with Western Alliance Banks credit risk framework. You will be a key driver of process innovation expense management and quality assurance leveraging your deep expertise in mortgage documentation and investor requirements. You will also be expected to ensure compliance with the Banks policies and procedures and all applicable laws rules and regulations.

• Build lead and empower high-performing credit operations teams that balance sales underwriting and risk. Set departmental goals and ensure robust controls and procedures for timely accurate underwriting appraisal and reviews while maintaining a focus on credit quality service and efficiency. Manage and develop underwriting leadership and staff including Underwriters Underwriting Managers and the Scenario Desk team. Serve as a credit SME for conventional government and non-agency loans making decisions on complex loan scenarios escalated by internal teams and external partners. Monitor and manage underwriting pipelines SLAs and productivity metrics.
• Drive operational strategy and capacity planning for Correspondent and Retail Lending divisions aligning staffing and resources with production and financial goals. Lead process improvement initiatives to enhance service levels reduce cost per loan and maintain loan quality. Maintain a thorough understanding of AmeriHomes underwriting and regulations in accordance with mortgage lending. Analyze transactions and assist in structuring transactions to contain AmeriHomes credit risk within acceptable parameters.
• Partner with product and technology teams to design and deploy new products and digital capabilitiesspecifically automation and AI toolsthat enhance underwriting performance and consistency as well as boost efficiency reduce cycle times and improve lender/clients or borrower experience per channel. Ensure alignment with Western Alliance Banks credit risk framework and actively promote AmeriHomes culture of customer service quality and innovation.
• Identify and leverage strategic opportunities by utilizing existing resources and relationships with clients and business partners. Participate in strategic planning and execution to meet divisional goals and provide regular reporting and performance metrics in Monthly Business Reviews. Promote a culture of innovation customer service and continuous improvement across all underwriting teams. Recruit coach and mentor underwriting staff to build a culture of excellence accountability and continuous learning. Ensure all underwriting procedures are current and reflect evolving regulatory and investor requirements.
• Lead and develop a team; responsible for hiring coaching performance management training and development.

What youll need:

• 15 years of related experience in Residential Mortgage Loan Underwriting
• Bachelors degree in related field required; Masters or MBA in related field preferred.
• 8 years of experience in residential mortgage underwriting management with at least 5 years in a senior leadership role preferred.
• Must have experience with digital mortgage platforms and automation tools.
• Advanced knowledge of residential mortgage industry in Correspondent or Retail Lending including sales operations capital markets and/or other residential mortgage products and services.
• Advanced knowledge of applicable federal and state regulatory and legal compliance obligations rules and regulations industry standards and practices including TRID ECOA HMDA FCRA Flood HOEPA HPML Appraisal ATR/QM TCPA UDAAP and Fair Lending.
• Advanced knowledge or applicable regulatory and legal obligations rules and regulations industry standards and -depth knowledge of mortgage loan products lending principles and regulations. Extensive understanding of mortgage lending principles and underwriting guidelines including FHA VA and conventional loans loan processing and automated underwriting systems. Working knowledge of mortgage lending principles and underwriting guidelines including self-employed borrowers partnership corporation tax return analysis appraisal reviews condo project reviews Trust Leasehold and Power of Attorney documentation.
• Advanced experience with mortgage banking technology including Encompass (LOS) AUS core systems and MS Office products.
• Advanced speaking and writing communication skills.
• Direct Endorsement (DE) or Staff Appraisal Reviewer (SAR) designation is required.
• Occasional travel required.

Compensation: Salary range for new hires is generally $162575.00 - $200825.00 for Westlake Village CA. Salary amount is determined by specific job addition the role may be eligible for annual bonus/incentives earned.

Benefits youll love:

We offer all the important things youd want like competitive salaries an ownership stake in the company medical and dental insurance time off a great 401k matching program tuition assistance program an employee volunteer program and a wellness addition youll have the opportunity to bolster your business knowledge learning the ins and outs of how successful companies operate and manage their finances giving you invaluable hands-on experience to help grow your career!

About the company:

AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona Alliance Association Bank Bank of Nevada Bridge Bank First Independent Bank and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race sex color religion age nation origin marital status disability protected veteran status sexual orientation gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying please email or call . When contacting us please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation