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

Sinai Chicago

MSH-RENAL HEMO. DIALYSIS TECHNICIAN Job at Sinai Chicago

 ...About Sinai Health System The member institutions of Sinai Health System collectively deliver a full range of high-quality outpatient...  ...Diploma or GED plus relevant training acquired through work experience or education. Must be certified as a dialysis technician via... 

Fiserv

Mainframe Communication Server Analyst Job at Fiserv

 ...Calling all innovators - find your future at Fiserv. We're Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants and consumers to one another millions... 

UJAMAA Construction

Director of Talent Acquisition Job at UJAMAA Construction

 ...autonomy, and real ownership without stepping away from meaningful work. Why this role exists UJAMAA is a growing general contractor in the Mid-west and South-East region. Like many firms at our stage, weve relied too heavily on external recruiters. Were... 

Bradley Arant Boult Cummings LLP

Technology Trainer Job at Bradley Arant Boult Cummings LLP

 ...user experience. Candidates with law firm experience are highly preferred. Training and Development Plan and deliver in person, remote, and one-on-one training to all attorneys and staff Coordinate follow-up training sessions Provide ongoing floor support... 

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...