Specialist II - Loan Underwriting (Richmond, VA)

Atlantic Union Bank; Richmond (VA); On-site; USD 70,000 - 110,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Paid time off

401(k) plan

Wellness resources

Job summary

Atlantic Union Bank is seeking a qualified underwriting professional to join the Underwriting & Appraisals area in evaluating credit requests and property valuations to ensure accurate risk assessment and compliant decisions.

The role involves analyzing borrower information, reviewing appraisal reports, and determining risk levels while applying underwriting standards and collaborating with lending, operations, and risk teams to support timely, high-quality credit decisions.

Qualifications

• Typically requires 2+ years relevant experience.
• Vocational or technical training may be required.
• May require obtaining and/or maintaining NMLS registration.

Responsibilities

• Evaluate credit requests and property valuations for risk.
• Analyze borrower information and repayment capacity.
• Review appraisal reports for accuracy and guidelines adherence.
• Determine risk levels and provide approval recommendations.
• Gather information and respond to internal/external inquiries.
• Support department goals with timely, high-quality credit decisions.

Job description

Description

The Underwriting & Appraisals area is responsible for evaluating credit requests and property valuations to ensure accurate risk assessment, sound credit decisions, and compliance with internal policies, investor requirements, and regulatory standards. Activities may include:

• Analyzing borrower financial information, repayment capacity, collateral strength, and overall creditworthiness
• Reviewing and validating appraisal reports for accuracy and adherence to established guidelines
• Determining risk levels and approval recommendations
• Applying underwriting standards consistently, identifying and mitigating potential risks, maintaining strong documentation practices, and partnering with lending, operations, and risk teams to support timely and high-quality credit decisions

Career Specialization Definition

The Loan Underwriting area activities may include:

• Evaluates and approves or denies loan applications according to business unit standards in a timely manner.
• Gathers information as necessary to make sound decisions.
• Responds to internal and external customer inquiries as necessary.
• Performs other duties as necessary to support the goals and objectives of the department and business unit.
• Other duties as assigned.

Career Level Definition

Requires basic knowledge of job procedures & tools obtained through work experience and may require vocational or technical education. Responsibilities typically include:

• Working under moderate supervision.
• Problems are typically of a routine nature, but may at times require interpretation or deviation from standard procedures.
• Communicates information that requires some explanation or interpretation.

Knowledge & Experience

• Typically requires 2+ years relevant experience
• May require vocational or technical training

Required Certifications/Licenses

• May require obtaining and/or maintaining NMLS registration

Compensation offered will be based on a variety of factors, including but not limited to education, work experience, skills, certifications, and geographic location, etc.

Eligible teammates may participate in a comprehensive benefits package that includes medical, dental, vision, life insurance, disability coverage, paid time off, retirement savings through a 401(k) plan, wellness resources, and other programs designed to support teammates' health and financial well-being, subject to plan terms and eligibility requirements. In addition, certain positions may be eligible for incentive compensation, bonuses, or other variable compensation, subject to applicable plans and performance criteria. General information on our comprehensive benefits package can be found by visiting Employee Benefits | Banking Career Benefits | Atlantic Union Bank

We are proud to be an Equal Employment Opportunity employer. We maintain a drug-free workplace.

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.