[Remote] Mortgage Underwriter I - REMOTE (HELOC)

Note: The job is a remote job and is open to candidates in USA. Quorum Federal Credit Union is a cutting-edge credit union that operates as a technology company, delivering innovative financial solutions to its members. As a Mortgage Underwriter I, you will be responsible for underwriting first and second mortgages, working closely with Loan Officers and Loan Processors while ensuring compliance with guidelines and regulations.

Responsibilities

• Assures that all mortgage loan files are underwritten (within level of authority) in compliance with secondary market guidelines, specific program guidelines, Credit Union policies, and regulatory requirements.
• Supports initial underwriting reviews outside of authority limits, by performing preliminary review to structure and prepare file. In addition, once file is conditionally approved, reviews and updates file to issue most up-to-date Conditional Approval letter to the borrower and broker partner.
• Supports and/or performs final underwriting reviews, evaluating support for required conditions and clearing within approval authority.
• Monitor pipeline daily to identify files ready for disposition (withdrawal or denial), ensuring accurate selection and within regulatory requirements.
• Generates and/or ensures timely generation of required documentation, notices and disclosures.
• Reviews and evaluates loans to ensure data integrity of the loan files throughout.
• Monitors daily mortgage pipeline to identify areas that require intervention in order to expedite the mortgage process and takes action accordingly.
• Works with outside vendors and service providers to facilitate the loan process.
• Supports and fulfills Management requests related to audit preparation, sale preparation, HMDA reporting and more.
• Functions as a business lead on departmental or organization wide projects. Contributes expertise in his/her assigned area and executes certain deliverables on the project.
• Actively works with management and staff seeking process improvements to automate and/or streamline operations and maintain adequate controls.
• Promotes and maintains a positive work atmosphere by communicating in a manner consistent with professional standards to work effectively with members, co-workers, management, partners and vendors.
• Keeps abreast of industry developments including, but not limited to changes in regulations and technology.
• Ensures adherence to company policies and procedures and Banking/Credit Union Regulations.
• Performs additional duties as required. Skills
• Bachelor’s degree in finance, business administration or other related degree preferred; will consider experience in lieu of degree
• Minimum of two years of related experience at a credit union, bank or other financial institution.
• Must have hands-on experience with Encompass within the last 12 months, demonstrating proficiency in mortgage loan origination systems and underwriting processes.
• Knowledge of mortgage process from origination to post-closing.
• Excellent problem-solving, organizational, analytical, verbal and written communication skills.
• Strong decision making and time management skills with the ability to manage multiple projects/duties.
• Results driven, service oriented, self-motivated and able to work independently.
• Detailed knowledge of secondary market guidelines. Some knowledge of regulatory guidelines and issues.
• Comply with all requirements for Mortgage Loan Originators set forth in the SAFE Act, including, but not limited to successful completion of the required background checks and obtaining a Unique Identifier from the NMLRS.
• Trustworthy with the ability to maintain highest level of integrity and trust.
• Proficiency in Microsoft Office, specifically Word, Excel and PowerPoint. Related experience with loan origination systems.
• Stable internet connection with speeds high enough for video conferencing and screen sharing
• Smartphone with current iOS/Android OS
• Prolonged periods sitting at a workstation and working on a computer
• Ability to communicate with coworkers and customers via email, chat, teleconference, and/or phone Benefits
• Medical
• Vision
• Dental
• Retirement Benefits
• Paid Time Off (PTO) Company Overview
• Quorum Federal Credit Union is a credit union that offers banking and financial services. It was founded in 1934, and is headquartered in Purchase, New York, USA, with a workforce of 51-200 employees. Its website is Apply tot his job

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