MORTGAGE LOAN UNDERWRITER - FIRSTBANKPR

MORTGAGE UNDERWRITER Our Company At FirstBank PR, we strive to be a trusted advisor to our clients. Our employees are the key to delivering excellence in personalized customer service. With over 3,100 employees across Puerto Rico, the Virgin Islands, and Florida, we are proud of our team's commitment to surpassing client expectations. If you are passionate about helping customers, building relationships, and providing exceptional service, FirstBank is the place for you. A Brief Overview The Mortgage Loans Underwriter approves or denies mortgage loans based on authorized lending guidelines. Ensures all loans comply with investor requirements for secondary market sale. Responsible for adhering to the Bank’s BSA, AML, and OFAC policies. Must follow unit procedures developed in compliance with these policies and report suspicious activities as required. Also responsible for mandatory BSA, AML, and OFAC training. What You’ll Do Approve or deny mortgage loans according to established guidelines, credit policy, and investor requirements. Present cases to the loans committee when necessary. Write Credit Approval Memoranda for the credit committee. Respond to auditor and Quality Assurance Department reports. Assist the Chief Underwriter with various tasks. Support Loan Processors in documenting each case. Additional Responsibilities Support management as needed. What You’ll Need to Succeed Formal Education Bachelor’s degree in a related field and at least three years of progressive experience in mortgage underwriting or similar roles within the Mortgage Banking Industry. Specialized courses in mortgage banking, risk analysis, and underwriting workshops are required. Underwriter certification is preferred. Knowledge and Experience Expertise in documents required for eligibility and regulations for various mortgage types (FHA, VA, Conventional-Conforming, Non-Conforming). Knowledge of Mortgage Banking Industry regulations and procedures, risk analysis, and underwriting. Excellent communication skills in both Spanish and English, written and spoken. EMPLOYMENT OPPORTUNITY EMPLOYER

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