Manager of Mortgage Underwriting

First National Bank Of Pennsylvania; Pittsburgh (Allegheny County); On-site; USD 90,000 - 150,000; Full time

Job summary

F.N.B. Corporation in Pittsburgh is seeking a Manager of Mortgage Underwriting to supervise the Residential Mortgage Underwriting team.

The role requires deep expertise in conventional, government and portfolio loan programs and to monitor daily activities of the underwriting staff. You will train staff on products and procedures, enforce guidelines, and work with the Residential Mortgage Credit Officer, Compliance, Legal and the New Product Development team to deploy new offerings.

Qualifications

• High school diploma or GED required.
• 10 years of job-related underwriting experience.
• FHA Direct Endorsed Underwriter certification required or preferred.
• Staff Appraisal Reviewer for Veterans Administration (LAAP) certification required or preferred.

Responsibilities

• Oversees daily activities of Underwriters, Mortgage Underwriting Supervisor and assisting with Appraisal Coordinators.
• Maintains accreditation in loan programs (DE and SAR) and participates in continuing education.
• Reviews and updates underwriting guidelines, compliance changes, and participates with cross-functional teams to deploy new products.
• Manages underwriting exceptions reporting and determines appropriate authority for exceptions.
• Supports Mortgage Loan Originators by explaining guidelines and structuring deals within program requirements.
• Responds to audits and regulatory findings and represents the bank with agencies and regulators as needed.
• Performs other underwriting duties and participates in risk management processes.

Skills

Organizational skills

Analytical skills

Interpersonal skills

Communication skills

Detail-oriented

Office equipment

PC proficiency

MS Word basics

MS Excel basics

MS PowerPoint basics

Education

High School diploma or GED

Job description

Primary Office Location:

626 Washington Place. Pittsburgh, Pennsylvania. 15219.

Join our team. Make a difference - for us and for your future.

Position Title: Manager of Mortgage Underwriting

Business Unit: Credit

Reports to: Residential Mortgage Credit Officer

Position Overview:

This position is primarily responsible for overseeing the Residential Mortgage Underwriting area. The incumbent maintains the highest level of expertise in conventional, government and Portfolio loan programs, Monitors the daily activities of the Underwriting staff and provides training on products, programs and procedures.

Primary Responsibilities:

• Supervises the daily activities of the Underwriters, Mortgage Underwriting Supervisor and assisting with the management of the Appraisal Coordinators. Manages all Underwriter HR issues including hiring of new personnel and participating int he preparation of annual reviews. Monitors the Underwriters Loan Quality with the Residential Mortgage Credit Officer.
• Maintains proper accreditation in various loan programs (DE and SAR). Attends continuing education when required to achieve or maintain accreditation. Continues to cross train in other credit products as personal advancement (Eg; Commercial, Home Equity, etc.). Maintains a thorough understanding of all aspects of underwriting various loan products.
• Conducts regular Underwriting Staff meetings to review revisions to guidelines and compliance changes. Participate with Residential Mortgage Credit Officer, Compliance, Legal and the New Product Development team as needed to deploy new products.
• Develop and ensure departmental process flow. Maintain an update Underwriting Procedures as necessary. Review Policies annually with Residential Mortgage Credit Officer.
• Monitors the Residential Mortgage Underwriting exceptions box and acts on requests for exceptions. Makes determination or acquires appropriate authority for Exceptions. Reviews and perfects exception reporting for RCPC.
• Assists Mortgage Loan Originators in structuring deals understanding guidelines and answering questions about commitment conditions, loan programs, qualification; etc.
• Works with Residential Mortgage Credit Officer to respond to audits and regulatory findings. Represents FNB with Agencies and Regulators as necessary.
• Other duties as assigned requiring underwriting skills and insight.
• Performs other related duties and projects as assigned.
• All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program.
• F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:

High School or GED

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

10

Skills Required to Perform the Primary Responsibilities of this Position:

• Excellent organizational, analytical and interpersonal skills
• Excellent communication skills, both written and verbal
• Detail-oriented
• Ability to use general office equipment
• Ability to use a personal computer and job-related software
• MS Word - Basic Level
• MS Excel - Basic Level
• MS PowerPoint - Basic Level

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

• FHA Direct Endorsed Underwriter
• Staff Appraisal Reviewer for Veterans Administration (LAAP

Physical Requirements or Work Conditions Beyond Traditional Office Work:

N/A

Equal Employment Opportunity (EEO):

It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.

FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.