Webster Bank
Senior Analyst Mortgage Underwriter Consumer Finance
Webster Bank, Southington, Connecticut, us, 06489
Overview
Join to apply for the
Senior Analyst Mortgage Underwriter Consumer Finance
role at
Webster Bank . Founded in 1935, Webster focuses on putting people first—doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer. Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work! Key Responsibilities
Review and analyze entire loan file towards a lending mandate and to underwrite mortgage applications within current lending policy. Efficiently manage pipeline of loans, including follow up to ensure timely decisions. Identify areas of risk to the business and assist the underwriting manager in investigating/analyzing the issues and preparing reports. Ensure rate locks and purchase dates are met Recommend loans for denial, counteroffers and exceptions – exhaust all efforts to find alternatives Monitor compliance with state and federal regulatory requirements. Review and decision downpayment assistance programs in association with the first mortgage. Maintain acceptable level of quality and data entry integrity within LOS for all loan files. Have skill set to review complex loan transactions such as self-employed and first-time homebuyers programs with secondary financing grants and loans. Deal with escalated/complex queries, taking ownership of a problem and identifying a solution/way forward. Provide training and assistance to processing, closing and fellow underwriters Manage special loan programs and processes. (Construction, Condo/Coop, Government loans, first time homebuyer and state agency loan programs) Support the underwriting manager in implementing required changes to working practices/procedures. Seeks to enhance proficiency through ongoing training sessions provided by Investors and vendors. Contributor in companywide projects. Lead by example by demonstrating a positive ‘can-do’ attitude in the workplace. Key Qualifications
High school diploma/GED required; bachelor’s degree in a related field preferred. 4+ years of experience in residential mortgage loan underwriting. Knowledge of FNMA, FHA and VA underwriting guidelines. Up-to-date knowledge of regulatory requirements. Tactful communication skills. Strong analytical and organizational skills. Ability to work independently as well as in a team environment. Ability to manage conflicting and demanding clients and priorities. In-depth understanding of loan origination systems; Encompass preferred. Strong PC skills including Microsoft Word and Excel. Compensation
The estimated salary range for this position is $36.00 to $40.00 USD annually. Actual salary may vary based on knowledge, skills, experience, and location. This position is eligible for incentive compensation. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. Position details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Industries: Banking
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Join to apply for the
Senior Analyst Mortgage Underwriter Consumer Finance
role at
Webster Bank . Founded in 1935, Webster focuses on putting people first—doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer. Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work! Key Responsibilities
Review and analyze entire loan file towards a lending mandate and to underwrite mortgage applications within current lending policy. Efficiently manage pipeline of loans, including follow up to ensure timely decisions. Identify areas of risk to the business and assist the underwriting manager in investigating/analyzing the issues and preparing reports. Ensure rate locks and purchase dates are met Recommend loans for denial, counteroffers and exceptions – exhaust all efforts to find alternatives Monitor compliance with state and federal regulatory requirements. Review and decision downpayment assistance programs in association with the first mortgage. Maintain acceptable level of quality and data entry integrity within LOS for all loan files. Have skill set to review complex loan transactions such as self-employed and first-time homebuyers programs with secondary financing grants and loans. Deal with escalated/complex queries, taking ownership of a problem and identifying a solution/way forward. Provide training and assistance to processing, closing and fellow underwriters Manage special loan programs and processes. (Construction, Condo/Coop, Government loans, first time homebuyer and state agency loan programs) Support the underwriting manager in implementing required changes to working practices/procedures. Seeks to enhance proficiency through ongoing training sessions provided by Investors and vendors. Contributor in companywide projects. Lead by example by demonstrating a positive ‘can-do’ attitude in the workplace. Key Qualifications
High school diploma/GED required; bachelor’s degree in a related field preferred. 4+ years of experience in residential mortgage loan underwriting. Knowledge of FNMA, FHA and VA underwriting guidelines. Up-to-date knowledge of regulatory requirements. Tactful communication skills. Strong analytical and organizational skills. Ability to work independently as well as in a team environment. Ability to manage conflicting and demanding clients and priorities. In-depth understanding of loan origination systems; Encompass preferred. Strong PC skills including Microsoft Word and Excel. Compensation
The estimated salary range for this position is $36.00 to $40.00 USD annually. Actual salary may vary based on knowledge, skills, experience, and location. This position is eligible for incentive compensation. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. Position details
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Industries: Banking
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