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

WV Department of Health

Procurement Specialist, Rural Health Transformation Program (RHTP) Job at WV Department of Health

 ...comprehensive statewide initiative focused on revolutionizing healthcare access and quality in rural communities through federally...  ...Bachelors degree in Business Administration, Procurement, Supply Chain Management, Public Administration, or a related field. Minimum... 

Smart IT Frame LLC

Business Analyst - Payments and Wires Systems Job at Smart IT Frame LLC

 ...Role Overview: We are seeking an experienced Business Analyst with strong expertise in Payments and Wires systems to join our team...  ...requirements (e.g., ISO 20022, SWIFT standards, AML, OFAC, and KYC). Define and manage UAT test plans, test cases , and coordinate... 

HRH Search & Recruitment

Program Manager, Membership Job at HRH Search & Recruitment

 ...Position Summary The Program Manager, Membership is responsible for developing, optimizing, and expanding membership programs that drive engagement, retention, and long-term value for both corporate and individual members. This role serves as a strategic partner to internal... 

Snappr

Photographer Job at Snappr

 ...Snappr is currently looking for a skilled Food Photographer based in Gainesville, FL to join our team. The ideal candidate will have a strong eye for detail and the creative ability to capture high-quality images of food that highlight texture, color, and presentation... 

EPM Scientific

Manager, Quality Assurance Job at EPM Scientific

 ...Title: Manager, Quality Assurance Location: Springfield, MO (On-site) Summary: The Quality Assurance Manager is responsible for oversight of conditions and activities in API manufacturing areas to ensure continual compliance with cGMP standards. This position...