Manager, Mortgage Loan Underwriting

First Merchants Corporation; Jeffersonville (IN); Presencial; USD 90.000 - 150.000; Jornada completa

Descripción de la vacante

First Merchants Bank is seeking a Manager, Mortgage Loan Underwriting to lead an underwriting team within our Indiana/Ohio/Michigan footprint. You will motivate and supervise underwriters and appraisal analysts to ensure pipeline metrics and quality goals are met within risk parameters.

You will develop expertise in mortgage lending products, ensure compliance with risk management policies, monitor trends, provide coaching, and collaborate with operations and sales to structure complex loans and

Formación

• Extensive experience underwriting conventional, VA, FHA, Jumbo and CD products.
• Minimum eight (8) years underwriting experience and five (5) years in leadership roles.

Responsabilidades

• Lead and manage underwriters and appraisal analysts to meet pipeline metrics and risk parameters.
• Develop and maintain knowledge of mortgage lending products, policies, processes, and required documentation.
• Ensure adherence to risk management policies, procedures, controls and compliance regulations.
• Monitor underwriting trends and provide coaching and training as needed.
• Prepare and analyze applicable trending reports.
• Conduct second-tier reviews as required.
• Assist with structuring difficult and complex loans and aid in exception vetting.
• Act as escalation point between other operational departments and sales.
• Develop team's relationship with other operational departments and sales.
• Recruit, develop, mentor and retain high-performing teammates.
• Manage day-to-day operations of assigned underwriters and appraisal analysts.

Conocimientos

Leadership

Team management

Mortgage underwriting

Educación

Bachelor's degree in Business or related field

Descripción del empleo

First Merchants Bank is seeking a Manager, Mortgage Loan Underwriting to join our team! This position will sit within our operational footprint of Indiana, Ohio, or Michigan and will motivate and lead an underwriting team to ensure pipeline metrics and quality goals are executed with sustained success.

As part of this role you will:

• Lead and manage assigned underwriters and appraisal analyst to ensure that pipeline metrics and quality guidelines are met and appropriate decisions are rendered within risk parameters established by the Bank and/or investor.
• Develop and maintain a strong understanding of Mortgage Lending products, policies, processes, and their required documentation, to include applicable updates and changes to procedures.
• Ensure the adherence to all appropriate risk management policies, procedures, controls and compliance regulations.
• Monitor underwriting trends and provide appropriate feedback, coaching and/or training as needed.
• Prepare and analyst applicable trending reports.
• Conduct second tier reviews as required.
• Assist with structuring more difficult and complex loans and aid in exception vetting.
• Act as an escalation point between other operational departments and sales.
• Develop team's relationship with other operational departments and sales.
• Recruit, develop, mentor and retain high-performing teammates to ensure ongoing success in meeting department goals.
• Manage day-to-day operations of assigned underwriters and appraisal analyst.

To be successful in this position, we require the following:

• High School Diploma or equivalent (GED).
• A minimum of eight (8) years of experience underwriting conventional, VA, FHA, Jumbo and Community Development products, plus five (5) years of experience managing others.

The following would be a plus:

• Bachelor's degree in Business or a related field of study.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.