Manager of Mortgage Underwriting

F.N.B. Corporation; Pittsburgh (Allegheny County); On-site; USD 110,000 - 150,000; Full time

Job summary

F.N.B. Corporation in Pittsburgh seeks a Manager of Mortgage Underwriting to lead the Residential Mortgage Underwriting group, ensuring expertise across conventional, government, and portfolio loans.

This role monitors daily activities, provides training, and drives adherence to guidelines and regulatory changes. You will supervise underwriters and HR processes, maintain program accreditations, and collaborate with Compliance, Legal, and Product Development to deploy new products.

Qualifications

• High School or GED required.
• 10 years of related experience expected.
• Strong organizational and analytical abilities; effective communication.

Responsibilities

• Oversee the Residential Mortgage Underwriting area and provide guidance on conventional, government and Portfolio loan programs.
• Supervise Underwriters and staff; manage HR aspects including hiring and annual reviews.
• Maintain accreditation in loan programs (DE and SAR) and participate in required continuing education.
• Develop and update underwriting procedures; ensure compliance with guidelines and audits.
• Collaborate with Compliance, Legal and Product Development to deploy new products and review policies.

Skills

Organizational skills

Analytical skills

Interpersonal skills

Communication skills

MS Word

MS Excel

MS PowerPoint

Education

High School or GED

Tools

MS Word

MS Excel

MS PowerPoint

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.