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This role may be based remotely, anywhere within the Fifth Third footprint. The core team is based in Grand Rapids, MI.
GENERAL FUNCTION : Performs a wide range of duties related to the underwriting of residential mortgage loans. May also be responsible for the leadership of an underwriting team.
Renders underwriting decisions and subsequent clearing conditions to ensure credit guidelines are met. Proactive in communicating the decisions to the Loan Originators, as well as serving as a resource to Residential Mortgage personnel on underwriting questions.
Ensures team follows determined workflow, there by meeting service level agreements that have been identified. Responsible
for not only ensuring productivity levels of the team are met, but also ensures credit quality meets all defined standards.
Handles complex underwriting decisions requiring senior knowledge and / or unique problem solving abilities.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined.
Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience.
While operating within the Bank#s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES :
SUPERVISORY RESPONSIBILITIES :
developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.
Four year degree or equivalent experience required.
Must have five (5) years experience in Underwriting.
In-depth knowledge of conventional, government and portfolio lending guidelines. FHADE, VALAPP preferred.
Must have demonstrated ability to analyze complex loan requests including cash flow analysis of business
and personal tax returns.
Knowledge of the complete mortgage lending process.
Knowledge of financial analysis techniques.
Previous management experience preferred.
High degree of attention to detail.
Demonstrated organizational skills.
Demonstrated leadership skills.
Strong written and verbal communications skills.
Demonstrated teamwork and customer service skills.
Strong PC skills (MS Office) required
Must have experience with Mortgage origination systems, platforms tools and technology.
Ability to analyze policies, procedures and guidelines in a way that maximizes productivity but protects the level of risk desired.
Ability to make decisions in a time.
Must have a $1M Lending Authority level.
Mortgage Underwriter III - VirtualLOCATION Virtual, Michigan 00000
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.