Mortgage Loan Underwriter - Level II

Location: Bronx, NY
Date Posted: 11-11-2017
Loan Underwriter Level II will be responsible underwriting and evaluating residential, commercial, construction and mortgage loan applications. 

  • Examine and verify accuracy plus consistency of all provided financial information and documentation; Ensure that loan files contain all required application forms; and validate all regulatory disclosures provided by the processor.
  • Identify, review and analyze all relevant information in order to assess credit risk; determine profitability, strength of a guarantor or borrower, and sources of repayment.
  • Spread financial information as part of the credit application process.
  • Review of third party vendor reports while communicating with the respective parties to resolve any discovered discrepancies.
  • Prepare credit proposals with respect to financial standing and make recommendations to the Bank’s Loan Committee and/or Board of Directors for approval or denial of a prospective or existing credit, as well as Documenting reasons for policy exception recommendations, if any.
  • Monitor existing portfolio to include annual reviews of credit and renewal of existing line of credits, as well as compliance with covenants.
  • Associates degree or higher in Business, Economics, Accounting, Finance, Real Estate Development or related field preferred; specialized mortgage loan underwriting education/training.
  • At least 2 years of experience in underwriting consumer, construction, C & I, and mortgages loans.
Thank you,
Meg Reilly
VP of Recruiting
TOLL FREE: (800) 603-1651
FAX: (480) 287-9066
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