Underwriter II-Mortgage

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

Benefits offered by this job

Retirement savings including 401(k) /‑

Pension plans

Paid time off to volunteer

Colleague Resource Groups

Professional development & advancement

Well-being programs & incentives

Parental leave

Employee stock purchase plan

Military benefits

Personal banking, loan, investment &保险

Job summary

Associated Bank seeks an underwriting professional to review complex residential loan applications, analyze financial documents, and ensure compliance with policy and regulation. You will approve or deny based on authority and help train others on loan products and fundamentals.

The role emphasizes accurate data entry, timely decisions, and collaboration with cross-functional teams to maintain quality credit decisions and turnaround times.

Qualifications

• Associate's Degree or equivalent combination of education and experience Finance Required
• Associate's Degree or equivalent combination of education and experience Business Required
• 4-7 years Underwriting and lending products, policies and procedures Required

Responsibilities

• Review complex applications on residential loans for credit and product guidelines.
• Perform credit analysis and approve/deny based on lending authority.
• Maintain up-to-date knowledge of underwriting policies and compliance.
• Verify data input in the Loan Origination System and ensure guidelines are met.
• Assist with training of lenders on loan products and credit fundamentals.

Skills

Credit analysis

Underwriting

Financial statements

Regulatory compliance

Loan products

Education

Associate's Degree or equivalent education/experience

Business background/experience

Tools

Loan Origination System

Job description

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

Under limited direction, underwrite, evaluate and decision loans in accordance with the established underwriting policy and guidelines. Conform with all Regulatory requirements such as ATR/QM, HOEPA, HPML, and Fair Lending. Analyze tax returns, financial statements, credit reports, business reports and legal documents. Calculate the necessary ratios to assist in the decision process. Maintain quality credit decisions and turnaround time. Assist with ongoing training of the lender on all loan products and credit fundamentals. Provide support to the Underwriter I and II positions.

Job Accountabilities

• Review complex applications on various types of residential loans for credit and product guidelines. Review to include applicant's credit profile/credit report, income, including corporate and personal tax returns, personal financial statements, etc., as applicable, business reports and legal documents. 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.
• Clear conditions and rework loans for changes of circumstance as necessary.
• Verify the accuracy of the data input in the Loan Origination System and that all product guidelines have been met.
• Use discretionary judgment for approval of credit applications not meeting underwriting policies and procedures. Ensure proper documentation and sign-offs are made for credit exceptions. Maintain credit exception approval percentages within corporate approved guidelines.
• Maintain up to date knowledge of current Underwriting policies, guidelines and compliance issues using available resources. Including all lending related Federal and State regulations.

Education

Associate's Degree or equivalent combination of education and experience Finance Required

Associate's Degree or equivalent combination of education and experience Business Required

Experience

4-7 years Underwriting and lending products, policies and procedures Required

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

In addition to core traditional benefits, we take pride in offering benefits for every stage of life.

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity-focusedColleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave,anemployee stock purchase plan, military benefits and much more.
• Personal banking, loan, investmentand insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest.Join our community onFacebook,LinkedInandX.

Artificial Intelligence Statement

To support our recruiting process, we may use artificial intelligence ("AI") or automated technologies to collect, organize, sort, and analyze information submitted by applicants. These tools may assist our Talent Acquisition professionals in identifying applicants who appear to satisfy the minimum qualifications for a position.

AI is not used to make employment decisions on behalf of Associated Bank. No applicant will be selected or rejected solely based on the output of an AI tool. Hiring decisions are made by Associated Bank personnel who review applicant information and exercise independent judgment in accordance with applicable law and company policies.

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please [e-mail] you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify NoticeEnglish or Spanish. Know Your Right to WorkEnglishorSpanish.

Associated Bank isPay Transparencycompliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.

For certain positions, total compensation may also include incentive, commission, or bonus opportunities not reflected in the posted base pay range.

$28.81 - $49.38 per hour