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

Myers & Sons Construction

Project Health Safety Environment Manager Job at Myers & Sons Construction

 ...We are looking for a dedicated and knowledgeable Project Safety Manager to join our team on our 105 Express Lanes CMGC project in Norwalk, CA. This project is a multi-year project that will widen the 105 freeway from the 405 to the 605. This widening will increase... 

Power Stop LLC

IT Business Systems Analyst Job at Power Stop LLC

 ...Position Summary: The Business Systems Analyst (BSA) is responsible for managing the WMS, ERP, OMS, including the oversight and resolution of EDI issues. The BSA will lead the coordination and resolution of break/fix issues, maintain project lists, gather detailed business... 

Denali Water Solutions LLC

Class A CDL Driver Req# 3666 Job at Denali Water Solutions LLC

 ...protegido. La Empresa afirma su deseo de mantener un ambiente laboral libre de toda forma de discriminacin ilegal. Class A CDL Driver Huntersville, NC Full-Time / Hourly - (Overtime is available for this position. About the Role: The Driver position... 

Dexian

Bookkeeper Job at Dexian

&##128204; Administrative Bookkeeper | Construction / Real Estate Development &##128205; Charlotte, NC | Fully Onsite Were partnered with a growing family-owned construction & real estate development company looking to hire an Administrative Bookkeeper to support... 

WW Clyde

Project Manager - Transportation, DOT Job at WW Clyde

Project Manager DOT Heavy Highway (White Paving Experience) Location: Nebraska Join WW Clyde Where You Work Matters At WW Clyde, we build more than infrastructurewe build careers. For over 90 years, weve delivered challenging heavy civil projects across...