MORTGAGE LOAN UNDERWRITING TEAM LEAD

The Mortgage Loan Underwriting Team Lead assists the Underwriting Manager in pipeline management and leads a team of Underwriters. The Underwriting Team Lead is to handle all urgent questions and help train new employees.

QUALIFICATIONS OF A SUCCESSFUL CANDIDATE INCLUDE:

• High School diploma or general education degree (GED) with 4 years’ experience in the industry is required. Prior underwriting background is required.
• Extensive knowledge of department processes
• Excellent problem solving skills
• Strong computer skills
• Extreme attention to detail and high work ethic
• Knowledge of loan guidelines to include, but not limited to, FHA Streamline and VA IRRLS, Conventional, FHA, VA, VHDA, and USDA mortgage loans

• Review and analyze loan applicants’ credit histories, financial statements and other financial information to make quality decisions on loans
• Interpret and analyze complex tax returns and financial documents
• Answers urgent and escalated questions from the team of Underwriters
• Monitor pipeline for proper workflow
• Help train new employees and help with peer reviews
• Must be detailed in loan approval rationale including income and asset calculations clearly noted
• Ability to review legal documentation, title reports, insurance policies, flood certificates
• Demonstrate ability to comprehend program changes and new program guidelines
• Implement new changes in daily production immediately with minimal error rate
• Maintain knowledge of available loan products, programs and functionality and investor guidelines
• Utilize and interpret output from DO, LP and GUS underwriting systems
• Adherence to policies and procedures
• Practices branch security procedures and protects customer confidentiality and privacy
• May perform additional duties as necessary to keep the Bank operating efficiently and effectively
  We offer a competitive benefits package that includes Medical, Dental and Vision; FSA or Dependent Care; Supplemental Accident, Hospital, or Critical Illness Plans; Employer paid Life Insurance, Short Term Disability, and Long-Term Disability; and Additional Voluntary Life Insurance Options. Paid Vacation, Sick and Volunteer leave; 401K and Profit Sharing.
  Compensation for positions is based on the specific position and may be paid in the form of an hourly wage, overtime, a semi-monthly salary, commissions, or a combination of them. Depending on the specific position, some may be paid solely on commissions or others may include a bonus structure. As part of our employee benefits package, we offer exclusive perks such as discounted rates on banking and mortgage services, fee waivers, and access to special financial products. These benefits are designed to support your financial well-being as a valued member of our team.
  Plains Commerce Bank is an Affirmative Action/Equal Opportunity Employer committed to providing equal employment opportunity without regard to an individual’s race, religion, color, gender, national origin, ancestry, age, sexual orientation, disability, or veteran status