Senior Mortgage Underwriting Officer - RJ Bank

Overview

Senior Mortgage Underwriting Officer - RJ Bank at Raymond James. This role leads underwriting of residential and consumer lending applications, ensures excellent customer service, profitable loans, and adherence to underwriting guidelines.

Responsibilities

• Underwrites credit packages and makes loan decisions for residential and consumer lending applications up to the loan amount authority established by the Board of Directors.
• Underwrites credit packages and prepares recommendations for presentation to Loan Committee, ensuring compliance with Raymond James Bank, State, Federal and agency/investor guidelines.
• Reviews and analyzes real estate appraisals for acceptance in residential loan transactions.
• Maintains knowledge of Raymond James Bank loan programs and secondary market investors’ underwriting/documentation requirements.
• Interacts professionally with clients, associates and Financial Advisors to provide professional customer service.
• Obtains, prepares, and reviews documents for origination and processing phases of residential loans.
• Coordinates the approval of underwriting conditions and reviews the file prior to closing.
• Analyzes tax returns and financial statements, and reviews Title Commitments.
• Uses independent judgment with minimal supervision; serves as an initial referral point for other underwriters.
• Communicates with correspondent lenders regarding guideline exceptions and with Mortgage Insurance company liaisons to approve high loan-to-value loans.
• May interact with Lending Manager(s) on due diligence for files purchased on the secondary market.
• Assists with process improvements, efficiency, and cost-saving measures in department workflows.
• Onboards new associates, provides coaching and leadership to team members, and keeps management apprised of personnel and workflow developments.
• Performs other duties as assigned.

Knowledge Of

• FNMA and FHLMC underwriting guidelines, federal/state lending laws, and portfolio residential lending.
• FNMA Desktop Underwriting.
• FHA underwriting.

Skill In

• Data analysis and critical thinking
• Problem solving, creativity, and attention to detail
• Effective oral and written communication about mortgage loan products and processes
• Word processing, spreadsheets, and basic documentation skills

Ability To

• Conduct analysis including basic math with decimals and fractions
• Research and analyze financial statements and complex tax returns, and prepare reports of financial position and creditworthiness

Education

Bachelor’s: Business Administration, Bachelor’s: Finance

Work Experience

General Experience - 3 to 6 years

Certifications

Travel

Less than 25%

Workstyle

Remote

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We Expect Our Associates At All Levels To

• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance and Sales

We’re not posting additional details here; referrals increase interview chances.