Sr. Underwriter

Responsible for managing assigned underwriting duties. Monitor and maintain compliance with all underwriting/funding policies and procedures within federal, state, local, and corporate regulations. Ensure prompt and efficient service to Account Executives through consistent and timely communication to Account Managers and Funders. Act a principal communicator to underwriting policy, decisions, and issues.

Essential Duties

Primary responsibility is to review mortgage loan submissions and to issue Conditional Loan Approvals in compliance with USB guidelines
Ability to underwrite to various investor guidelines, includes FNMA/FHLMC, ALT A and government loans

If loan is unacceptable as structured, make alternative structuring recommendations to Account Executive, if appropriate
Consult with Account Managers on determining whether conditions have been met
Work with other team members to ensure efficient document flow
Ensure compliance to federal, state, and investor regulations/requirements
Prepare reports to management as required
Audit finding and responses
Maintain underwriter quality standards, provide feedback to operations manager
Support the implementation of underwriter guidelines

Other duties as assigned


Minimum 5 to 7 years' experience in mortgage underwriting, conforming, non-conforming, Alt A and government loans.
Current knowledge of industry specific underwriting guidelines and procedures, as well as federal, state, and local regulations.
DE required, DE/LAPP preferred.

 Send Resume with salary requirements to careers@usbankfa.com

EOE