Underwriter III - Non-Delegated Mortgage

Western Alliance Bancorporation; Phoenix (AZ); Remote; USD 75,000 - 95,000; Full time

Job summary

A reputable financial institution is seeking an Underwriter III for Non-Delegated Mortgages. The role involves underwriting loans, managing pipelines, and ensuring compliance with quality standards. Ideal candidates will have experience with Encompass LOS and automated underwriting systems. This position offers competitive salaries, comprehensive benefits, and opportunities for career growth.

Benefits

Competitive salary

Medical and dental insurance

401k matching program

Tuition assistance

Wellness program

Qualifications

• Experience in underwriting Government and Conventional loans.
• Ability to work in a fast-paced production environment.
• Self-starter with excellent written and verbal communication skills.

Responsibilities

• Underwrite Government and Conventional loans to meet quality standards.
• Manage individual pipeline, completing loans within established turn times.
• Request additional documentation from clients as needed.

Skills

Effective communication

Loan quality management

Customer service

Time management

Adaptability

Tools

Encompass LOS

Desktop Underwriter

Loan Product Advisor

Job description

Job Title: Underwriter III - Non-Delegated Mortgage

Location: Remote Texas

What you'll do:

As a Mortgage Underwriter III you'll be responsible for underwriting Government and Conventional loans by reviewing the credit, capacity and collateral characteristics of loan files to ensure it meets company and investor quality standards. You'll be responsible for reviewing and clearing underwriting conditions on Conventional and Government loans in compliance with current guidelines and overlays.

• Manage individual pipeline on a daily basis by completing Conventional loans, Non-Agency (including Bank Statement, Jumbo, and DSCR programs), simple and complex Underwriting Reviews, Conditions Reviews and other Underwriting Tasks within established turn times.
• Identify any document deficiencies, request additional information and/or documentation from Clients as needed.
• Navigate and interpret all Agency, Non-Agency and company guidelines.
• Assist other department personnel in interpreting underwriting guidelines, update loan status and complete all necessary tasks assigned to loan.
• Contact clients to provide updates and clarification on outstanding conditions and deficiencies identified on loans.
• Experience associated with client-initiated scenario questions and ability to provide live assistance with loan structure and solution-based guidance.

What you'll need:

• Encompass LOS experience preferred
• Project management experience preferred
• Ability to communicate effectively and professionally
• Basic proficiency in Microsoft Office products (Excel, Word, etc.)
• Loan quality and risk management experience
• Excellent Customer/Client service skills
• Ability to work in a fast-paced production environment
• Self-starter, self-reliant, dependable, ability to work within and meet specific time constraints
• Excellent written and verbal communication skills
• Prioritization and Time Management skills
• Ability to learn and adapt to guideline changes
• Knowledge of FNMA and FHLMC guidelines
• Proficiency with automated underwriting systems such as Desktop Underwriter and Loan Product Advisor

Benefits you'll love:

We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email [e-mail] or call 602-386-2488.