Senior Credit Underwriter — Hybrid, Risk Leader

Watercress Financial Group LLC

West Des Moines (IA)

Hybrid

USD 68,000 - 73,000

Full time

6 days ago

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Job summary

Watercress Financial Group LLC is seeking a Senior Credit Underwriter to serve as a key decision-maker and risk expert for complex, high-risk loan applications in a data-driven, tech-enabled environment. You will lead secondary reviews, mentor junior underwriters, and partner with risk, compliance and product teams to evolve underwriting guidelines.

Hybrid work in West Des Moines with a Saturday–Tuesday schedule (10:30 AM–7:00 PM) and Thursdays/Fridays off.

Qualifications

Associate or bachelor’s degree in finance, business or related field preferred.
Minimum 1-2 years as Credit Underwriter II (or equivalent external experience).
Expert-level credit analysis and decision-making skills.
Strong working knowledge of lending guidelines, including DTI, LTV and credit scoring.

Responsibilities

Conduct thorough, advanced credit analysis for complex loan files including high-dollar, layered risk, and exception-based cases.
Act as a resource for challenging loan files and edge-case scenarios.
Conduct second-level reviews on escalated or borderline applications.
Recommend policy updates and enhancements to underwriting criteria.
Provide mentorship and informal training to level I and II Underwriters.
Serve as a point of contact for internal audits, compliance inquiries, and exception approvals.
Lead quality control reviews and contribute to underwriter training and performance calibration.
Partner with technology teams to optimize underwriting tools and automation logic.
Maintain superior accuracy to uphold high performance standards.
All other duties as assigned.