Mortgage Underwriting Supervisor

U.S. Bank; United States; On-site; USD 86,360 - 101,600; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) with employer contribution

Paid vacation and holiday opportunities

Job summary

A leading financial institution is seeking a Mortgage Underwriting Supervisor to direct the team in evaluating residential loan applications. The ideal candidate will possess 5-7 years of underwriting experience, strong leadership skills, and effective communication abilities. Responsibilities include analyzing credit information and ensuring adherence to guidelines. The role offers a competitive salary range of $86,360 - $101,600 and a comprehensive benefits package providing support for health and financial security.

Qualifications

• 5-7 years of mortgage underwriting operations experience.
• 1-3 years of experience in a leadership role.

Responsibilities

• Direct day-to-day activities of Mortgage Underwriting Team.
• Analyze and evaluate residential loan applications.
• Gather and interpret credit information to minimize risk.

Skills

Leadership

Credit analysis

Mathematical skills

Communication skills

Proficient computer skills

Education

Bachelor's degree or equivalent work experience

Job description

Mortgage Underwriting Supervisor

Join to apply for the Mortgage Underwriting Supervisor role at U.S. Bank. At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever‑growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Responsible for directing the day-to-day activities of a designated Mortgage Underwriting Team. Analyzes and evaluates residential loan applications originated by U.S. Bank branch offices in accordance with industry and business unit standards. Gathers, analyzes and interprets all types of credit information for existing and prospective retail banking customers in order to maximize credit and minimize risk and potential loss. Develops and maintains a loan underwriting portfolio consistent with the Bank's guidelines for credit quality and Investor or Insurer standards. Approves and/or denies loans within certain limits and makes credit structure and loan eligibility decisions.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Five to seven years of mortgage underwriting operations experience
• One to three years of experience in a leadership role

Preferred Skills/Experience

• Advanced understanding of factors affecting real estate values and credit analysis
• Strong mathematical skills
• Proficient computer skills
• Excellent verbal and written communication skills
• VA Staff Appraisal Reviewer (SAR) designation preferred
• FHA Direct Endorsement underwriting designation preferred
• This role requires working in Pacific Standard Time Zone.

Benefits

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer‑funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

Salary Range

Pay Range: $86,360.00 - $101,600.00. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements).

Equal Opportunity Employer

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

Posting may be closed earlier due to high volume of applicants.