Senior Mortgage Underwriter & Credit Risk Analyst

BMO U.S.

Illinois

On-site

USD 55,000 - 120,000

Full time

9 days ago

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Benefits offered by this job

Health insurance

Tuition reimbursement

Accident and life insurance

Retirement savings plans

Job summary

BMO Financial Group in the United States is seeking a senior mortgage underwriter to analyze new credit applications, adjudicate within established policies, and provide sound recommendations. You will evaluate complex income structures, summarize risk, and collaborate with stakeholders to align lending decisions with business goals.

The role requires 8+ years of underwriting experience and familiarity with FHA/VA, HUD guidelines, and DU/LP.

Qualifications

8+ years of mortgage underwriting experience - required.
FHA and VA knowledge in the U.S. - required.
Strong understanding of HUD Handbook 4155.1 and 4155.2 - required.
Experience with web-based approval systems (DU/LP) - required.
In-depth pipeline management and risk assessment experience.
Ability to analyze complex income structures and collateral.

Responsibilities

Analyzes new customer credit applications and adjudicates within defined limits.
Develops solutions and makes recommendations based on business strategy and stakeholder needs.
Provides advice and guidance to assigned business/group on implementation of solutions.
Supports execution of strategic initiatives with internal and external stakeholders.
Designs and produces regular and ad-hoc reports and dashboards.