Wholesale Underwriting Manager Remote
Share
Job Location:
Paramus, NJ - USA
Monthly Salary:
Not Disclosed
Posted on:
4 hours ago
Vacancies:
1 Vacancy
Job Summary
Longbridge is currently recruiting for an Underwriting Manager to lead our Wholesale Sale Division. This is a remote position reporting to the Director of Underwriting.
Responsibilities:
The Underwriting Manager will manage and lead a group of underwriters while also providing credit decisions and recommendations for complex cases. Reviews and develops all aspects of underwriting guidelines to ensure compliance with FHA Proprietary loan programs federal and state regulations. Monitors processes and systems to ensure working at maximum capacity.
Job Duties:
- Manage a team of Underwriters that underwrite for our Wholesale HECM channel
- Provide credit decisions and recommendations for complex situations
- Leads and directs the work of their team of underwriters
- Review and develop underwriting guidelines to ensure compliance
- Hire and train new underwriters to the team
- Interacts and collaborates with other Department Managers and Account Executives
- Attend scheduled Operational and daily Round Table meetings
- Maintain a thorough understanding of state and federal laws and regulations including but not limited to bank secrecy anti-money laundering laws fair lending HMDA ECOA Reg Z.
Qualifications :
Required Experience:
- 3-5 years proven experience in Underwriting Management along with 3-5 years proven experience in Underwriting mortgage transactions is required.
- Reverse experience is required.
- Knowledge of Wholesale mortgage business channel.
- Relies on extensive experience and judgement to plan accomplish goals and performs a variety of tasks.
- Extensive knowledge of FHA HECM and Proprietary loan programs.
- Must be able to read analyze and interpret procedures manuals policies and regulations.
- Must be detailed and consistent with the ability to perform in a fast-paced work environment
- Above average oral and written communication skills.
- Above average customer service and analytical skills.
- Ability to collaborate with sales on complex transactions and perform resolution management
- Ability to Coach Mentor and Train employees to improve Underwriting Acumen Skill Sets and Decision making.
- Ability to promote and work in a team environment.
- Intermediate working knowledge of PC applications (Word Excel MS Outlook SharePoint)
Additional Information :
- Working in a growing and dynamic industry
- Full benefits: Medical Dental Vision FSA/HSA and wide array of voluntary products and discounts
- 401(k) with company match
- Paid time off
- This is an Exempt tole
- Target base salary range is 110-130K which is based on various factors including skills and work experience.
- In addition to base salary this role is eligible monthly production bonus
- LBF is an EEO/AA/Vet/Disabled Employer
- Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites set the estimated salary not Longbridge Financial.
Important Note: When you click on a video certain personal information may be sent to the video provider (such as YouTube Vimeo etc.). To learn more about our privacy practices please review our company Privacy Notice.
Remote Work :
Yes
Employment Type :
Full-time
Key Skills
- Loan Processing
- Sales Experience
- Account Management
- Banking
- Pricing
- Corporate Finance
- Customer Support
- Fair Housing Regulations
- Strategic Planning
- Underwriting
- Sales Management
- Channel Management
About Company
Longbridge Financial, LLC (LBF) is an innovative company committed to responsibly helping senior homeowners reshape their financial future to improve their retirement. Our mission is to be consistently fair, transparent, and professional at all times with our employees, customers, and ... View more
