Junior Mortgage Underwriter/Servicer at Triangle Credit Union

Nashua, New Hampshire, United States -

Full Time

Start Date

Immediate

Expiry Date

13 Feb, 26

Salary

0.0

Posted On

15 Nov, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Mortgage Underwriting, Loan Auditing, Credit Analysis, Regulatory Compliance, Time Management, Attention to Detail, Member Service, Communication Skills, Freddie Mac Knowledge, Fannie Mae Knowledge, Loan Processing, Escrow Management, Tax Analysis, Insurance Management, Flood Insurance, Reporting

Industry

Banking

Description

Role: To approve or deny mortgage loans, following Credit Union lending standards. Analyze applications and perform comprehensive audits for accuracy of mortgage loan files. Essential Functions & Responsibilities: - Analyze employment profile, credit strength, property characteristics, and all other information pertinent to the credit decision process on each mortgage application as presented and make loan recommendations. To ensure Triangle Credit Union lending standards and policies are always followed. To ensure that the content and conduct of our loan originations, processing and servicing activities remain compliant and consistent with all state and federal regulations. To maintain a current and professional knowledge of all loan products and their current terms, conditions and all applicable underwriting guidelines. To communicate any questions or concerns you may have to the manager of the mortgage department.- Mortgage servicing duties to include tax, insurance escrow, rate change analysis, and flood insurance when they become due Responsible for the timely reporting and reconciliation of all secondary market accounting (custodial accounts, general ledger accounts and monthly reconciliation). Maintenance of loan portfolio.- Apply internal guidelines and ensure guidelines for the credit decision process. Loan Audit and Underwriting: To perform comprehensive loan audits on all loan applications in process prior to closing to ensure procedures are being followed and documentation is correct. Also, to perform the final closed loan audits for all mortgage loans that have closed to ensure completeness accuracy and compliance. Back up member of the credit committee your responsibilities include underwriting loan applications and rendering your independent lending determinations, recommendations and decisions about the soundness of applications submitted to TCU and whether the credit union should approve or decline those mortgage applications.- To assist the VP of mortgage lending with various responsibilities that may be assigned from time to time including but not limited to working on special projects, reporting. Proactively volunteer, make suggestions or recommendations that may improve business and/or the operations of the mortgage department.- Assist as a back up to Mortgage processor and Mortgage closer as needed. Process payoffs and discharges. Satisfactorily complete all required compliance training and comply with all regulations which apply within the scope of the position- Performs other job related duties, as assigned. Knowledge and Skills: Experience One year (1) to three (3) years of similar or related experience. Freddie Mac (FHLMC) and Fannie Mae (FNMA) knowledge is a bonus Education (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree). Interpersonal SkillsWork involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others. Other Skills - Working knowledge of the mortgage industry, specifically federal and state regulatory requirements - Exceptional time management, attention to detail, strong member service skills and communication skills, are required. Physical Requirementslift up to 25 pounds Work Environment- Onsite office environment - possible remote work from home hybrid Triangle Credit Union is proud to be an Affirmative Action/Equal Opportunity Employer. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process or are limited to use the online application process, you may contact the Human Resources Department at 603-889-2470 for other options to apply.Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

Responsibilities

The Junior Mortgage Underwriter/Servicer is responsible for approving or denying mortgage loans based on Credit Union lending standards and performing comprehensive audits for accuracy of mortgage loan files. This role includes analyzing applications, ensuring compliance with regulations, and assisting with mortgage servicing duties.