Job Description
Note: The job is a remote job and is open to candidates in USA. First Reliance Bank is seeking a Senior Mortgage Underwriter to join their Operations division. The role involves underwriting mortgage loan applications, ensuring compliance with regulations, and providing training and support to Residential Mortgage personnel. Responsibilities • Underwrite residential loans while ensuring compliance with appropriate company and secondary market investor standards as well as compliance with lending regulations • Render underwriting decisions and subsequent clearing conditions to ensure credit and investor guidelines are met • Evaluate and examine transactions to ensure accuracy and completeness • Contact customers and partners to gather information to make appropriate decisions • Proactively communicate the decisions to the Residential Lending Specialists and Community Bank Partners with an explanation behind credit decision • Serve as a resource to Residential Mortgage personnel on underwriting questions and provide training for investor, underwriting and compliance related issues • Recommends modifications to underwriting procedures • Provide training as needed to Residential Lending Specialists and Community Bank Partners as requested by Channel Manager • Prepare formal reports for review • Provide feedback on new investor candidates as it relates to underwriting guidelines and delivery procedures • Coordinate third party quality control of mortgage loans and evaluate reports providing feedback concerning closed loan quality and process improvements • Ensure that contractors are trained on investor specific eligibility requirements and guidelines • Negotiate with third party service providers and manage contracts • Implement fraud detection techniques and other evaluation tools to mitigate mortgage lending risk • Performing compliance reviews and comply with regulatory requirements • Respond to individual and investor audits • Coordinate HMDA reporting and evaluation Skills • Bachelor's degree or equivalent experience • 3 – 5 years underwriting experience • DE Certification with a CHUMS number and VA LAPP Approval including FHA and/or VA underwriting experience • Extensive knowledge of quality service discipline • Retail banking experience • Proven communication and customer relation skills • Ability and desire to interact and contribute in a team environment • Ability to use a variety of software tools Company Overview • First Reliance Bank provides consumer and commercial banking services. It was founded in 1999, and is headquartered in Florence, South Carolina, USA, with a workforce of 51-200 employees. Its website is Apply tot his job