Job Description

We are an employee and customer focused savings bank and are looking for an energetic full time Mortgage Underwriter. We offer an environment of excellence where teamwork and accountability are a must!

This position in our Loan Operations department in our Operations Center in Adams.

If you have a TRUE passion for delivering exceptional customer service to your team -

If you have a high attention detail and like analyzing financial documents -

If you like having multiple projects going at the same time -

If this describes you, we know that you will be surrounded by people who are passionate about what they do, committed to excellence, and know how to have fun doing their work. Please take a look at the job description below and if you are interested, please apply!

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Job Purpose:

Actively participate in and foster the ACB Culture of excellence while supporting the Bank’s strategic initiatives.

Provide above and beyond customerservice to building solid and long lasting relationships by engaging allcustomers internal and external. Provide quality analyst and accurate review ofall ACB loan origination documentation.

Consistently and effectively manage behavior within ACB’s established customer service standards and core values while adhering to all established Bank Policy and procedures.

Critical Drivers:

• Maintain productivity and response times as measured by the current underwriting guidelines
• Maintain quality of credit decisions as measured by current delinquency and loss ratios

Duties and Precise Tasks:

• Commit to and live by a no excuses environment whereby all employees are held 100% accountable for behaviors, actions, performance & attitudes.
• Adhere to all ACB policies and procedures.
• Review credit applications on various types of loans; analyze applicant’s financial status, credit and property evaluation, corporate tax returns, personal tax returns, personal financial statements, credit reports, business reports and legal documents. Perform credit analysis, analyze appraisals and approve or deny credit applications per authorized lending limits. Recommend credit decisions to management on requests exceeding assigned lending authority.
• Use discretionary judgment for approval of credit applications not meeting underwriting policies and procedures. Ensure proper documentation and sign-offs are made for credit exceptions. Maintain credit exception approval percentages within corporate approved guidelines.
• Ensure all secondary market requirements and other investor requirements are satisfied for loans to be sold.
• Verify the accuracy and consistency of the Loan Origination System in regards to properly assigning rates, initiating appropriate disclosures, following system parameters and that the calculations for DTI, LTV and credit are correctly populating.
• Maintain up to date knowledge of current Underwriting policies, guidelines and compliance issues using available resources. Including all lending related Federal and State regulations.
• Maintain up to date knowledge of secondary market investor requirements.
• Develop and maintain an excellent working relationship with customers and colleagues alike. Maintain a positive attitude within the Department by practicing team concepts to achieve common objectives and service standards.
• Provide training and support to all lending related functions of the bank on loan products, procedures, and system navigation.
• Participate with Learning and Development on credit and product development/training sessions as needed.
• Works under limited supervision or independently.
• Adhere to telephone and communication standards when interacting with customers to attract business.
• Perform additional duties as requested.

 12. Conditions loans for Bank Portfolio, Agency, Investor acceptance, and acceptance of automated underwriting systems (AUS) decisions.

13. Manage very tight deadlines & quality of loans underwritten with an understanding of industry standards and documentation requirements for loans sold to investors,

14. Execute delivery of originated loans to investors. Utilize Loan Origination System to transmit loan delivery data to investors to minimize key-stroke error and processing time.

15. When further documentation is required to deliver a loan, work the manager and the investor to facilitate the delivery of required documents to the investor, with the goal of minimizing repurchase or post-purchase adjustment risk.

16. Assist the manager in completing various lending reports.

Human Relations/Emotional/Mental Demands :

Contact with existing /potential customers and employees through telephones, correspondence or personally interact with in all areas. Confidentiality of potential and existing client and employee information requires professionalism, discretion and diplomacy.

Knowledge, Skills and Abilities:

Must possess the ability to read, write and speak fluently in the English language, organization and customer service skills with both internal and external customers

Excellent communication (written and verbal), organization and customer service skills with both internal and external customers

Ability to:

• work in a fast-paced environment
• work well under pressure
• handle conflict resolutions in a professional manner
• handle highly confidential information

Strong organizational, problem solving, multi-tasking and analytical skills

Acute attention to detail

Required Computer Skills: Microsoft Office, including Word, Excel, and Outlook

Knowledge of applicable state and federal regulations and responsibilities relating to them

Education and Experience : Minimum 4-5 years of experience in mortgage underwriting, including secondary market knowledge.

• Knowledge of Mortgage Industry, mortgage loan file documents, general knowledge of closing, insurance and mortgage insurance requirements
• Knowledge of and experience with property and credit underwriting requirements of FNMA, VA, as well as other secondary market loan programs
• Expertise in and familiarity with different AUS systems (i.e., Desktop Underwriter (“DU”).
• Minimum Education Associate’s Degree in finance or business related field, or equivalent in work experience

• Preferred Education Bachelor’s Degree in finance or business related field

Working conditions:

Time spent:

• in an office, banking environment
• attending conferences, meetings and community events

Physical Demands:

Employee will have the following physical demands:

• required to sit & stand and move throughout the location/branch
• occasionally required to climb & stoop: reach with hands & arms: use hand to finger objects & control
• occasionally lift & move up to 25 pounds
• data entry skills/typing
• utilize computer systems
• Vision abilities required: close, distance & peripheral

Reading of written, printed or computer screen data

Able to transport self, in a timely manner, to and from meetings, conferences & events 

Adams Community Bank is an Equal Opportunity Employer.

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