Senior Home Loan Underwriter

🔥 2 hours ago

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STCU

501 - 1000 employees

💰 $50M Debt Financing on 2022-05

STCU isn't just a great place to work. It’s the place to be in the Inland Northwest. We love people who embrace the positive credit union spirit, sharing our passion for integrity, service, innovation, education, people, and celebration. Are you that kind of person? Then maybe you should be working at STCU. From humble beginnings, STCU has grown to 600-plus employees, serving more than 170,000 members at 21 branch locations with $2.6 billion in assets. Although STCU has become the Inland Northwest's largest and most successful credit union, we've never forgotten that our most valuable assets are our members. STCU is consistently rated one of the top-performing credit unions in the nation, and has been named as one of Fortune Magazine’s Great Places To Work.Our employees are crazy about serving the local community. They love to tutor school kids, prepare holiday gift baskets for the needy, walk to raise money for cancer research, or just to be part of a festive community parade. They give to a host of great causes and make suggestions every week for how we can improve your credit union.Federally insured by NCUA. Interested in a career with STCU? Apply today at www.stcu.jobs.Guidelines: http://ow.ly/4Gqux

📋 Description

• Analyze and render home loan lending decisions consistent with STCU policies, STCU product details and secondary market investor guidelines • Work independently while also providing mentorship and support to other roles as needed • Demonstrate full proficiency and knowledge of home loan underwriting guidelines and maintain compliance with all regulatory standards • Determine borrower ability to repay and, property and program eligibility by reviewing and analyzing income documentation, asset documentation, credit reports, appraisals, AVMs, title reports, etc. • Ensure alignment with STCU’s risk-tolerance standards and portfolio quality by applying strong problem-solving, sound judgment, and rigorous scrutiny to analyze the suitability of exception requests and complex loans • Act as a senior member of the underwriting team by providing key feedback, mentoring and training to loan officers, processors and other underwriters when needed

🎯 Requirements

• High school diploma or equivalent required • Bachelor’s Degree in business, finance or related field or equivalent combination of education and experience preferred • Minimum of five years of independent mortgage underwriting experience required • Prior experience in government underwriting is highly preferred • Previous experience with loan origination software is required • Proficient knowledge of working with an AUS system and operating in a paperless environment required • Knowledge of Encompass is preferred • Proficient knowledge of MS Office programs including Outlook, Word, Excel and Teams • Knowledge of policies, procedures and established processes to support compliance requirements

🏖️ Benefits

• Paid time off plus 11 paid holidays! • Medical, dental, vision and life insurance • Training and career development • Success sharing plan • 401(k) matching contributions • Tuition reimbursement

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