Mgr, Underwriting

PennyMac Tampa, FL

About the Job

Requisition Number 17-0574P Title Mgr, Underwriting Department Underwriting-Retail City Tampa State FL Job Description The Manager of Underwriting will manage a staff of approximately 5 to 10 underwriters reviewing loans originated through the retail channel. + Direct the underwriting activities and manage performance for underwriters and senior underwriters in the retail channel; + Oversee all staff training and development; + Provide coaching and training as necessary; + Review underwriting exception requests as permitted by policy; + Manage staff productivity including adherence to service levels; + Work with various levels of company management regarding underwriting and credit policy matters; + As requested, provide expertise in loan program and credit policy development; + Other projects as assigned. Preferred Qualifications + 4 year college degree (Bachelor or equivalent). 5+ years minimum experience. + Bachelor’s degree preferred. + Experience managing underwriters or processors in a retail or correspondent lending environment; + A minimum of 10 years underwriting FNMA/FHLMC, VA, FHA and jumbo loans; + Current and extensive knowledge of FNMA/FHLMC, FHA, and VA program guidelines; + Experience analyzing financial statements for high net worth borrowers; + A thorough understanding of cash flow practices for analyzing complex tax returns including, but not limited to, partnerships, corporations, S-corporations, as well as, treatment of capital gains and trust income; + Exceptional organizational and interpersonal skills; + Excellent verbal and written communication skills; and + Experience using Microsoft Excel, Word and Power Point.