Mortgage Underwriter

at  US Bank National Association

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

JOB DESCRIPTION

Analyzes and evaluates residential loan applications originated by U.S. Bank branch offices in accordance with industry and business unit standards. Gathers, analyzes and interprets all types of credit information for existing and prospective retail banking customers in order to maximize credit and minimize risk and potential loss. Develops and maintains a loan underwriting portfolio consistent with the Bank’s guidelines for credit quality and Investor or Insurer standards. Approves and/or denies loans within certain limits and makes credit structure and loan eligibility decisions. This role is posted as remote; however, candidates who are located near any one of our locations would be required to work on site at least three days per week.

BASIC QUALIFICATIONS

• Bachelor’s degree, or equivalent work experience
• Five or more years of mortgage underwriting experience

PREFERRED SKILLS/EXPERIENCE

• Advanced understanding of factors affecting real estate values and credit analysis
• Good mathematical skills
• Proficient computer navigation skills
• Excellent verbal and written communication skills
• Experience with FHA, VA and HUD loans
• FHA Direct Endorsement Underwriting designation
• VA Staff Appraisal Reviewer (SAR) designation
• Experience with reviewing income, assets, credit and appraisal experience
• Experienced in manually underwriting mortgage loans
• Strong communication skills both verbally and written
• Strong organizational skills with ability to manage a pipeline, and meeting deadlines on a regular basis
  If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by la