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

Higher Staffing

Private Chef (part time) Job at Higher Staffing

 ...snack and family-style dinner Weekly menu planning and farmers market shopping Light kitchen cleanup and tidying after meals...  ...No travel required; family travels 45 weeks during summer No food allergies; minimal entertaining; no holiday requirements Send... 

Career Group

Nanny / Family Assistant Job at Career Group

 ...in Bedford, NY is seeking a warm, reliable, and detail-oriented Nanny / Family Assistant to provide a blend of hands-on childcare and...  ...Qualifications: Prior nanny or family assistant experience in a private home is required Valid drivers license and clean... 

Harper Associates

Personal Assistant Job at Harper Associates

 ...PERSONAL ASSISTANT-NORTHVILLE, MI Search by Harper Associates Executive family is seeking a proactive, detail-oriented Personal...  ...personal and professional tasks independently. Only those with experience supporting an Executive or prominent family will be considered... 

Central Alabama Radiation Oncology

Practice Administrator Job at Central Alabama Radiation Oncology

 ...The Practice Administrator is responsible for the overall administrative management and operations of Central Alabama Radiation Oncology. Responsibilities include the management of a Company with 2 locations, 3 physician owners, and a staff of 45. This person will provide... 

Fiserv

Software Developer Management Job at Fiserv

 ...Calling all innovators find your future at Fiserv. Were 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...