Residential Underwriter Job at Ascendo Resources, Miami, FL

OVRNM0NsU29CWml3Y29RbGdRS1JnaTgwNEE9PQ==
  • Ascendo Resources
  • Miami, FL

Job Description

We are looking to hire a Residential Mortgage Underwriter to be based in Miami, FL

Primary duties and responsibilities

  • Conduct credit underwriting and issue recommendations on credit proposals, ensuring adherence to the Bank’s Credit Policy and credit risk assessments.
  • Actively ensure compliance with all applicable regulatory and operational standards.
  • Collaborate with the Operations Manager to address application discrepancies or missing information.
  • Evaluate tax returns and other financial documents to pre-screen the feasibility of credit requests.
  • Analyze borrower income, business operations, and financial status to assess their ability to repay loans.
  • Compile credit underwriting reports, detailing risk mitigation, repayment sources, and sensitivity analysis.
  • Review credit reports, OFAC checks, and background verifications to ensure consistency with submitted information.
  • Request additional details and address issues related to borrowers’ financial standing and credit risks.
  • Engage in special projects concerning the bank’s residential loan portfolio.
  • Maintain thorough knowledge of regulatory requirements, policies, and compliance standards, including BSA/AML, CDD, and EDD guidelines.
  • Complete all mandatory training and ensure adherence to relevant laws, policies, and regulations.

Requirements:

  • Bilingual: English/Portuguese or English/Spanish highly preferred
  • 5+ years of experience in residential underwriting
  • Experience with Non-QM, Foreign Nationals,
  • Knowledge on Encompass or Calyx preferred
  • Bachelor degree in Business Admisnitration, Finance, Accounting, Economics or related (or relevant work experience)

This position is on-site (on-premises) NOT REMOTE

Job Tags

Work experience placement,

Similar Jobs

BRIA

Certified Nursing Assistant (CNA) Job at BRIA

Description: Join us at the Nexus of care and compassion. Certified Nursing Assistant (CNA) Benefits: ~ Growth from within ~ Next day pay available ~ BCBS healthcare coverage ~ Tuition reimbursement ~ Employee rewards program ~401k ~ Team-oriented work... 

University of Maryland Medical System

Registered Nurse (RN), First Assist Program Specialist, PRN Rotating Job at University of Maryland Medical System

 ...by AORN and NBSTSA (professional organizations for operating room nurses and surgical technologists) and SHS Policy. ESSENTIAL...  ...course/internship that meets the criteria established by AORN for RN First assistant programs. Minimum of 1 years of diversified OR experience... 

The Loren Austin

Director of Food And Beverage Job at The Loren Austin

 ...delicate place.Yet embrace those things that bring us on.Art, food, wine, and song.Find us, united by a love for life.Its zest,...  ...strategic planning, innovative programming, and collaborative marketing initiatives to enhance the guest experience while increasing financial... 

Pandora

Analyst, Carrier Job at Pandora

 ...B2B Carrier Analyst, Pandora NAM Do you want to be a part of the worlds leading jewelery company while putting your experience in Internal Communication into use? If yes, then we might have an exciting opportunity for you! You will be part of an exciting business... 

Dave Wright Nissan Subaru

Service Receptionist Job at Dave Wright Nissan Subaru

IMMEDIATE OPENING!NO DEGREE NECESSARY!AWARDED BEST DEALERSHIP TO WORK FOR 12 TIMES!Dave Wright Nissan Subaru Core Values:* We Solve It* We Are All One Team* We Do What We Say* We Grow Or We Die* We Commit And Never Quit Service Receptionist Responsibilities...