Credit Underwriter, Due Diligence

ICE Clear Europe Limited; Jacksonville, Northern (FL, KY); Hybrid; USD 70,000 - 110,000; Full time

Job summary

Intercontinental Exchange, Inc. seeks a Credit Underwriter in Jacksonville, FL to review residential mortgage loan packages for completeness and guideline conformance.

You’ll analyze origination decisions, document exceptions, and assess fraud risks while validating appraisals and valuation products. Responsibilities include ensuring documentation, citing deviations, updating exceptions with facts, and maintaining attention to detail across a loan pipeline, using MS Office and internal review

Qualifications

• 3+ years underwriting residential mortgage loans
• Proficiency in Jumbo Prime, Non-Prime, Conforming, Non-QM and DSCR
• Strong Microsoft Office skills
• Ability to manage a loan file pipeline

Responsibilities

• Ensure residential mortgage loan packages contain all necessary documentation.
• Assess all elements of the origination credit decision to the current credit analysis and address any variances.
• Confirm that all loan reviews meet the required program guidelines and cite any deviations or exceptions.
• Update all exceptions with the pertinent facts supporting the finding(s).
• Review the credit package to identify potential fraud risks.
• Review appraisals and alternative value products for conformity to client specified requirements to assess accuracy of the property valuation.
• Confirm all data discrepancies and note the source document(s) and circumstance(s) when appending comments.
• Document all compensating factors and mitigating attributes of the loan.
• Work loan assignments based on the instructions from the project Team Lead/Business Analyst.
• Adhere to minimum production requirements as communicated from the project Team Lead.
• Monitor all communication channels (Outlook, Teams, Phone) for company updates/announcements and requests from your colleagues/Team Lead.

Skills

Underwriting mortgage loans

Credit analysis

Pipeline management

Verbal & written communication

Tools

Microsoft Office

Job description

Overview

Job Purpose

The Credit Underwriter is responsible for reviewing residential mortgage loan packages to ensure they contain complete documentation and meet program guidelines, comparing origination credit decisions against current credit analysis and addressing any variances. The position involves identifying and documenting exceptions, deviations, fraud risks, and data discrepancies, as well as reviewing appraisals and alternative valuation products for accuracy and conformity to client requirements.

Responsibilities

• Ensure residential mortgage loan packages contain all necessary documentation required to formulate a complete assessment.
• Assess all elements of the origination credit decision to the current credit analysis and address any variances.
• Confirm that all loan reviews meet the required program guidelines and cite any deviations or exceptions.
• Update all exceptions with the pertinent facts supporting the finding(s).
• Review the credit package to identify potential fraud risks.
• Review appraisals and alternative value products for conformity to client specified requirements to assess accuracy of the property valuation.
• Confirm all data discrepancies and note the source document(s) and circumstance(s) when appending comments.
• Document all compensating factors and mitigating attributes of the loan.
• Work loan assignments based on the instructions from the project Team Lead/Business Analyst.
• Adhere to minimum production requirements as communicated from the project Team Lead.
• Monitor all communication channels (Outlook, Teams, Phone) for company updates/announcements and requests from your colleagues/Team Lead.

Knowledge and Experience

• 3+ years underwriting residential mortgage loans with demonstrable proficiency in understanding underwriting guidelines.
• Proven working knowledge in products such as, Jumbo Prime, Non-Prime, Conforming, Non-QM, and DSCR.
• Strong background in the use of computer programs used to review mortgage loans and standard knowledge of Microsoft Office product suite.
• Ability to manage a pipeline of loan files
• Demonstrate consistent attention to detail
• Strong verbal & written communication skills

Intercontinental Exchange, Inc. is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to legally protected characteristics.