Underwriting Manager

Camden National Bank; Kennebunk (ME); On-site; USD 90,000 - 135,000; Full time

Benefits offered by this job

Medical insurance

401(k) retirement plan

Tuition reimbursement

Job summary

Camden National Bank seeks an Underwriting Manager to lead its underwriting department and ensure sound credit decisions. You will oversee underwriters across Conventional, Portfolio, FHA, VA and RD loans, while maintaining policy adherence and staff development.

Knowledge of loan policies, real estate terminology, and regulatory compliance is essential. The role requires strong communication skills and the ability to manage a fast-paced, deadline-driven environment.

Qualifications

• Minimum 7–10 years of mortgage underwriting experience.
• 3–5 years in a leadership or management role within banking.
• Strong analytical, decision-making, and communication skills.
• Experience with loan policy and real estate terminology.

Responsibilities

• Lead daily operations of the underwriting department, providing scenarios and credit decisions.
• Oversee underwriters who render lending decisions on Conventional, Portfolio, FHA, VA & RD loans.
• Provide oversight of Consumer Lending, including lending operations and policy adherence.
• Develop staff, ensure regulatory compliance, and maintain investor relationships.

Skills

Analytical

Decision-making

Problem-solving

Team leadership

Tools

Encompass

Microsoft Office Suite

Job description

Live here. Play here. Bank here. Work here.If you’re looking to build your career at a forward-thinking organization with deep community roots and a vision for growth, success, and giving back, you’ve come to the right place.Get to know us:We’re your local community bank—and have been since 1875—that is committed to providing excellent customer service and giving back to our communities.We foster a collaborative, inclusive work environment as part of a close-knit team where your voice is valued and heard.Our highly engaged employees are rewarded for their performance and have ample opportunities for cross-training and advancement within the organization.We’ve been named one of the best places to work in Maine, and offer robust benefits focused on your holistic well-being.______________________________________________________________________________________________________________Position Summary:The Underwriting Manager will lead a team of underwriters at Camden National Bank, ensuring sound credit decisioning, consistent application of bank policy and agency requirements, loan quality, and staff development.Essential Duties and Responsibilities:Manage daily operations of the underwriting department, providing scenarios, credit decisions, and recommendations for complex cases.Oversee a team of underwriters who render lending decisions on Conventional, Portfolio, FHA, VA & RD loans.Provide oversight of the Consumer Lending Department, including lending operations, credit decisioning, policy adherence, workflow management, and staff development.Develop and maintain in-depth knowledge of Camden National Bank Loan Policy, Department procedures, mortgage products, loan documentation, compliance-related regulations, real estate industry terminology and practices, loan structure, etc.Ensure compliance with all relevant banking laws, regulations, and internal policies, including fair lending practices.Maintain quality business relationships with investors, AMC/appraisers, settlement agents, and brokers.Effectively communicate policies, procedures, regulations, and/or investor overlays.Obtain CNB Retail Loan Authority and utilizes in-depth knowledge of loan structure.Participate in and develop training on industry- and bank-specific topics and procedures.Basic Qualifications:Minimum of 7-10 years of experience in mortgage underwriting, with at least 3-5 years in a leadership or management role within a banking or financial institutionPreferred Qualifications:Encompass experienceSkills and Abilities:Excellent analytical, decision-making, and problem-solving skillsDemonstrated ability to lead, motivate, and develop a team of professionalsExceptional communication (written and verbal) and interpersonal skillsProficiency in loan origination systems and Microsoft Office SuiteAbility to work effectively in a fast-paced, deadline-driven environmentSupervisory Skills:Directly supervise staff in the Retail Production and Consumer Lending departmentsCarry out supervisory responsibilities in accordance with the organization's policies and applicable lawsResponsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problemsThe statements contained herein reflect general details as necessary to describe the principle functions for this job, the level of knowledge and skill typically required, and the scope of responsibility, but should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned, including work in other functional areas to cover absences or to equalize peak work periods to balance workloads.We encourage candidates to consult with their Talent Partner throughout the recruiting process to better understand how their experience aligns with the role, as well as details on compensation and our total rewards offerings. The prospective range of pay we will offer to a successful applicant to this position is $90,300.00-$134,500.00, which represents a good faith estimate of what we expect to offer at the time of posting based on the role’s responsibilities, level and location. Actual starting salary will be determined by the Bank in the Bank’s discretion, and shall depend on the applicant’s experience, skills, education, certifications, as well as other relevant business conditions. Final offers will reflect these considerations and may vary accordingly.________________________________________________________Our comprehensive total rewards package offers something for everyone!Robust medical, dental, and vision insurance packagesGenerous time off, including paid federal holidays and paid day off for your birthday401(k) retirement savings planTuition reimbursement, professional development, and career growth opportunitiesEmployee assistance programComprehensive wellness programPursue a career at Camden National Bank and apply today. We can't wait to hear from you!_____________________________________________________________________We are guided and inspired by our Core Values:Honesty and Integrity above all elseTrust built on fairnessService that creates remarkable experiencesResponsibility to use our resources for the greater goodExcellence through hard work and lifelong learningDiversity realized through inclusion and respectEqual Opportunity EmployerEmployment with Camden National is on an at-will basis, meaning employment is not guaranteed for any specific period of time, and any employment relationship established may be terminated by either party at any time, for any reason, with or without notice. Completion of an employment application is not a contract, express or implied, guaranteeing employment. Camden National Bank is an Equal Opportunity Employer and does not discriminate on the grounds of race, color, religion, sex, sexual orientation, including gender identity and gender expression, national origin, citizenship status, age, disability, genetic information or veteran status.Learn more about why employees love working at Camden National Bank!