Senior Mortgage Loan Underwriter

Sterling Bank & Trust Southfield Office, CA

About the Job

Description **Job Title:**Mortgage Loan Underwriter **Department:**Los Angeles Loan Production Office **Reports To:**Los Angeles Loan Production Manager **Summary**Approves or denies mortgage loans by performing the following duties. **Essential Duties and Responsibilities**include the following. Reviews and evaluates information on mortgage loan documents to determine if buyer, property, and loan conditions meet establishment and government standards. Determines terms and acceptability of risk of prospective business. Sets prices for prospective mortgage loan applicants. Negotiates directly with mortgage loan brokers. Approves or rejects loan application, or requests additional information. Records loan rejections, specifying investor and institution guidelines and basis for declining application, such as insufficient cash reserves. Assembles documents in loan files, including acceptance or denial, and returns files to originating mortgage loan office. Maintains database on new and existing business. Responds to quality control findings for loans underwritten. Other duties may be assigned. **Supervisory Responsibilities** This job has no supervisory responsibilities. **Competencies** To perform the job successfully, an individual should demonstrate the following competencies : Analytical - Collects and researches data; Uses intuition and experience to complement data. Problem Solving - Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations. Oral Communication - Listens and gets clarification; Responds well to questions. Organizational Support - Follows policies and procedures; Completes administrative tasks correctly and on time. Strategic Thinking - Develops strategies to achieve organizational goals. Judgement - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions. Quality - Demonstrates accuracy and thoroughness; Looks for ways to improve and promote quality; Applies feedback to improve performance; Monitors own work to ensure quality. Quantity - Meets productivity standards; Completes work in timely manner; Strives to increase productivity. Position Requirements **Qualifications**To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. **Education and/or Experience** Bachelor's degree (B. A.) from four-year college or university; and two or more years Mortgage Underwriting experience and/or training; or equivalent combination of education and experience. Must be capable of handling multiple projects *Full-Time/Part-Time:* Full-Time *Req Number:* MOR-17-00023 *Location:* Southfield Office