Senior Mortgage Underwriter: Complex Loans & Compliance

Associated Bank; Janesville (WI); On-site; USD 40,000 - 68,000; Full time

Benefits offered by this job

401(k) and Pension plans

Paid time off to volunteer

Diversity-focused Colleague Resource G

Employee stock purchase plan

Military benefits

Job summary

Associated Bank is seeking an Underwriter to evaluate residential loan applications and make informed credit decisions. You will review borrower documentation, analyze income and credit data, and ensure adherence to underwriting standards and regulatory requirements.

Experience in credit analysis and familiarity with loan products is essential, as is the ability to work with cross-functional teams. This role offers strong growth potential within a respected banking institution.

Qualifications

• Review residential loan applications and assess creditworthiness.
• Analyze tax returns, financial statements, and supporting documents for accuracy.
• Ensure compliance with applicable lending policies and regulatory requirements.

Responsibilities

• Review complex applications on various residential loan types and assess credit risk.
• Clear conditions and rework loans as needed to meet underwriting requirements.
• Verify data input in the LOS and compliance with product guidelines.
• Use discretionary judgment for credit exceptions and document approvals.
• Maintain knowledge of underwriting policies and regulatory changes.

Skills

Credit analysis

Financial statement review

Tax returns analysis

Regulatory knowledge

Loan documentation

Education

Bachelor's degree in Finance or related field

Associate's Degree or equivalent

Tools

Loan Origination System

Job description

Associated Bank is seeking an Underwriter to evaluate residential loan applications and make informed credit decisions. You will review borrower documentation, analyze income and credit data, and ensure adherence to underwriting standards and regulatory requirements.

Experience in credit analysis and familiarity with loan products is essential, as is the ability to work with cross-functional teams. This role offers strong growth potential within a respected banking institution.