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

Fresh Baguette

Retail Baker Job at Fresh Baguette

 ...the DMV area. We haveexpanded to eight retail locations, two production bakeries, and a thriving wholesale business. We serve coffee shops, restaurants, hotels, and grocery stores with fresh products every day, 365 days a year. Our mission is to offer our customers... 

Element Care

PCS - Mandarin/Vietnamese/Khmer or Spanish speaking Preferred Job at Element Care

Great Life work Balance position with excellent benefits! The CNA or HHA serves as a member of the PACE Interdisciplinary Team. Under the direction of a licensed nurse, incumbent participates in all aspects of the planning, implementation and evaluation of personal care...

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... 

Smith Group of Americas

Administrative Assistant Job at Smith Group of Americas

Position Summary The Administrative Assistant is responsible for maintaining the smooth day-to-day operations of the office, supporting the finance department, to include weekly payroll processing, administrative tasks, and providing HR support as needed under the guidance...

INDIANHEAD MEDICAL CENTER INC

Family Physician Job at INDIANHEAD MEDICAL CENTER INC

 ...and clinical skills Excellent interpersonal and communication skills Ability to work collaboratively with a healthcare team Doctor of Medicine (MD) or Doctor of Osteopathic Medicine (DO) degree, and a valid medical license Have current Wisconsin DEA license...