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

Pomeroy Living

Dietary Server Job at Pomeroy Living

Dietary Server Make a Difference in the Lives of Seniors! Pomeroy Living, a state-of-the-art assisted living community, is seeking compassionate and dedicated Dietary Aides to join our team. Responsibilities: Assist in the preparation of meals, as assigned by...

Cherry City Electric

Purchasing Agent Job at Cherry City Electric

Cherry City Electric is accepting applications for a full-time Purchasing Agent. Reporting to the Purchasing Manager, the Purchasing Agent is responsible for providing purchasing services to Cherry City Electric. You will procure electrical material and components, rental...

The H&K Group

Haul Truck Driver Job at The H&K Group

 ...H&K Group, Inc. s Chalfont Quarry is searching for a Haul Truck Driver to join their team! The driver operates straight or articulated rubber-tired rock trucks equipped with a hydraulically powered bed to transport and dump material. The ideal candidate is safety... 

Net2Source (N2S)

Technical Designer Job at Net2Source (N2S)

 ...Hello Everyone, Client is looking for a Lead Technical Designer, Global Football - Chassis who has experience in creating tech packs...  ...solutions & acting as a technical resource. ~ Expert in writing product specs and construction standards instructions. ~ Proficient... 

Selby Jennings

Investment Banking Analyst | Tech Boutique | SF Job at Selby Jennings

 ...Job Title: Investment Banking Analyst I or II Location: San Francisco, CA Position Overview: We are currently partnering with a premier technology-focused boutique investment bank headquartered in San Francisco. This firm is actively seeking to hire an Analyst...