Mortgage Underwriter 1

Watertown Savings Bank - Watertown, NY; City of Watertown (NY); On-site; USD 55,000 - 75,000; Full time

Job summary

Watertown Savings Bank in Watertown, NY is seeking a Mortgage Underwriter I to review residential loan applications and ensure compliance with underwriting standards and regulations. This full-time position is in the Lending Center, within the Personal Lending Department.

You will evaluate borrower qualifications, analyze income and asset documentation, and collaborate with Loan Officers to determine risk and approve timely loans while delivering excellent customer service.

Qualifications

• Minimum 1-2 years of lending or finance experience.
• Strong analytical and decision-making abilities.
• Ability to work with loan officers to complete timely approvals.

Responsibilities

• Review Mortgage and Home Equity documentation for accuracy.
• Analyze employment history, financials, credit reports, assets and liabilities to determine eligibility.
• Underwrite loans per policy and regulatory requirements.
• Identify deficiencies and communicate with Loan Officers.
• Maintain high-level customer service and professionalism.
• Monitor personal pipeline to keep files moving timely.
• Perform other duties as assigned.

Skills

Attention to detail

Communication

Organization

Problem-solving

Technology proficiency

Job description

Job Title

Mortgage Underwriter I

Location

Lending Center

Department

Personal Lending Department

Reports To

Andrew Boulter

Employment Type

Full Time

Position Summary

The Mortgage Underwriter I is responsible for reviewing and assessing residential mortgage loan applications to ensure adherence to established underwriting standards, regulatory requirements, and the Bank’s policy. This role will evaluate borrower qualifications, analyze financial documentation, and work with the Loan Officer to determine the overall risk associated with each loan decision. The Mortgage Underwriter I will work with Loan Officer’s and other origination staff to facilitate timely approvals while maintaining sound credit practices, compliance, and exceptional customer service.

Key Responsibilities

• Review Mortgage and Home Equity application documentation for accuracy


• Analyze borrowers’ employment history, financials, credit reports, asset statements, liabilities, etc. to determine eligibility for financing


• Underwrite loans in accordance with Bank Policy, State and Federal laws and regulations, and any other guidance issued by partner organizations of WSB


• Identify and communicate application deficiencies to the Loan Officers


• Maintain high level of service and professionalism both internally with coworkers and externally with customers


• Monitor personal pipeline to ensure files are moving timely and efficiently


• Perform other duties as assigned.

Required Qualifications

Skills: Attention to detail, communication, organization, problem-solving, technology proficiency

Requirements

1-2 years of lending or finance experience.