Senior Mortgage Underwriter II

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

Benefits offered by this job

Retirement savings: 401(k) and Pension

Paid time off to volunteer

Diversity-focused Colleague Resource G

Job summary

Associated Bank is seeking an underwriter to support the evaluation and decisioning of residential loan applications. Under limited direction, you will analyze tax returns, financial statements, credit and business reports to determine creditworthiness and ensure compliance with policies and regulatory requirements.

You will review applications, verify data in the Loan Origination System, and clear conditions or rework loans as needed, while supporting training of junior underwriters and

Qualifications

• 4–7 years underwriting and lending products, policies and procedures experience required.
• Associate’s Degree or equivalent combination of education and experience.

Responsibilities

• Review complex applications on various types of residential loans for credit and product guidelines.
• Perform credit analysis and approve or deny credit applications based on authorized lending limits.
• Recommend credit decisions to management on requests exceeding assigned lending authority.
• Proactively seek solutions with lenders from all business lines to ensure rate, term, and application structure on all loan products are compliant with current policies, procedures, and Regulatory requirements.
• Aid in the resolution of any application issues in an effective manner, mutually benefiting our customers and the Bank.

Skills

Underwriting experience

Credit analysis

Regulatory compliance

Financial analysis

Education

Associate’s Degree or equivalent combination of education and experience

Job description

Associated Bank is seeking an underwriter to support the evaluation and decisioning of residential loan applications. Under limited direction, you will analyze tax returns, financial statements, credit and business reports to determine creditworthiness and ensure compliance with policies and regulatory requirements.

You will review applications, verify data in the Loan Origination System, and clear conditions or rework loans as needed, while supporting training of junior underwriters and