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

ABC Education

Local Coordinator--International Student Program Job at ABC Education

 ...Job Summary Qualifications: Someone who seeks a flexible work-from-home position Enjoys community involvement and working with...  ...and schools Responsibilities: Recruit host families for students attending public high school in local community Connect students... 

Tonic3

Multimedia Copywriter Job at Tonic3

Multimedia Copywriter / Social Media Copywriter / Digital Copywriter / Multichannel Copywriter / Content Marketing Writer / Creative Copywriter Do you love transforming ideas into stories that captivate and inspire across digital, video, and social platforms? At Tonic...

VillageMD

Patient Service Rep - Ophthalmology Job at VillageMD

 ...physician-led, patient-centric network committed to simplifying health care and bringing a more connected kind of care. Our primary,...  ...part of a compassionate community of people who work hard every day to make health care better for all. We are innovating value-based... 

Insight Global

Maintenance Planner Job at Insight Global

 ...A large pharmaceutical client in Durham is seeking a Sr. Maintenance Planner/Scheduler to join their team. The Senior Specialist, Planning...  ...accurate and current production plan is loaded into SAP and managed in Rapid Response Working closely with Durham and West Point... 

RI International

Registered Nurse Job at RI International

 ...together, we can change lives and create lasting hope! Position: Registered Nurse Job Type: Full-Time / Non-Exempt Shift Details:...  ...care for individuals served. The RN position also services as clinical liaison for designated individuals until they are enrolled in...