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

The Ash Group

Technical Writer Job at The Ash Group

 ...rd Parties *** Summary The Ash Group is hiring a dedicated Technical Writer for our client ( a global leader providing advanced systems...  ...are preferred. Apply today to launch your technical writing career in the defense and security sector!#TechnicalWriter... 

Foundation Systems of Michigan

Sales & Service Technician Job at Foundation Systems of Michigan

 ...Groundworks Company, is seeking talented Sales & Service Technician to join their team in the...  ...Why you should join our Service Team Base Pay + Commission with NO CAP on earnings...  ...scheduled with customers Travel to customers' home based on assigned appointments Build... 

University of Maryland Medical System

Registered Nurse (RN), ICU, Staffing Center Job at University of Maryland Medical System

 ...of Maryland School of Medicine, University of Maryland School of Nursing and University of Maryland, Baltimore who educate the state's...  ...Center, the System's anchor institution in downtown Baltimore, as well as through a network of University of Maryland Urgent Care centers... 

Archdiocese of Philadelphia

Physical Education Teacher Job at Archdiocese of Philadelphia

 ...Job Title: Teacher Job Status: Full Time/Permanent Contact: Nicole Pontious, Principal E-Mail: ****@*****.*** Job Description: Saints Peter and Paul School located in West Chester, PA is seeking a is seekinga full time Gym teacher to join... 

Saint Luke's

Registered Nurse I Labor/Delivery/Postpartum Float Pool Job at Saint Luke's

Job Description ~ Registered Nurse Labor/Delivery/Post Partum Float Pool ~36 hours/week ~ DayShift ~ Rotate Weekends/Holidays ~ Benefits Eligible ~ Tier 3 will work at three metro hospital entities ~ Float Pay Incentive Accountable for utilizing the...