Underwrite Jobs in New York, New York, NY


Job Code: TJ_108145
Job Location: New York, New York
Zip Code:
Job Category/Title: Underwrite
Employment Category: Contract - Corp-to-Corp, Contract - Independent, Contract - W2
Position Type:
Travel Required: No
Interview Type:
Education: Bachelors Degree
Experience: 3-5 year(s)
Job Description: Brokerage Home Loans is seeking an experienced, positive and motivated individual to join our underwriting team. The successful candidate will possess solid residential underwriting skills and experience underwriting jumbo mortgage loans for sophisticated borrowers with complex income streams.

Position Responsibilities
Underwrite complex mortgage loans for high net worth clients
Perform complex income / tax return analysis
Approve loans within credit authority and in accordance with MSPBNA credit policy and credit culture
Proactively manage assigned pipeline
Assist in identifying or recommending alternative loan solutions
Ensure data accuracy
Manage prefund quality control errors to below 5%

Minimum Seven years' experience underwriting jumbo mortgage transactions for high net worth individuals; OR 2 – 5 years underwriting if experience includes jumbo and/or non-conforming loans.
Prefer private bank experience
Must have proven background with Self-Employed borrowers
Experienced underwriting non-conforming loans
Experience structuring and underwriting loans held in entities i.e. LLCs and Trusts
Pipeline management experience required
College degree required, advance degree a plus

Must have current knowledge of underwriting and credit risk principles
Strong knowledge of unique property vesting i.e. trusts and LLCs
Complex self-employed income analysis is a critical requirement
Excellent verbal and written communication skills
Extraordinary client service aptitude
Meticulous follow-up and follow through
Ability to work under tight timelines
Excellent attention to detail
Proficient with Microsoft Office suite
Effectively utilize system tools to properly document lending decisions and insure accurate data is captured for each transaction
Preview submitted application packages for completeness and request missing items
Conduct thorough review of income, liabilities and debt service to insure transactions meet internal credit policies and ATR
Submit conforming mortgages through Client DU
No. of Posts: 1
Job Expiry Date: December 13, 2017
Telecommute: No
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