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

Plug

Project Manager Job at Plug

Santa Monica, CA Full-Time In-Office 5 days About Plug Plug is the only wholesale platform built exclusively for used electric vehicles. Designed for dealers and commercial consignors, Plug combines EV-specific data, systems and expertise to bring clarity and confidence...

ProKatchers LLC

Product Designer Job at ProKatchers LLC

 ...Job Title: Product Designer 3 Location: Dallas, TX 75246 Duration: 06+ months contract Job Description: Lead design in key assigned area: Womens Health Advance customer-centric solutions across product squads building end-to-end digital experiences for new... 

Herspiegel

Senior Consultant Job at Herspiegel

 ...financial insights into clear, actionable recommendations for senior-level clients. Lead end-to-end vendor RFP/RFI processes, scoring,...  ...Education, Experience and Skills: Bachelors degree required; MBA or advanced life science degree highly preferred A minimum 4+... 

TBG | The Bachrach Group

HELP WANTED! EA - Legal | Compliance - Midtown, NYC Asset Management - 150++ base. Bachelor's degree required. Job at TBG | The Bachrach Group

 ...problem-solving capabilities, superior record keeping capabilities, and a positive attitude. Proficiency in MS Office required and experience with Thomson Reuters a strong plus. Bachelors' degree a must with a resume that reflects stability and commitment.... 

LHH

Senior Accountant Job at LHH

 ...LHH Recruitment Solutions is seeking candidates in Denver, CO for the position of Senior Accountant. This is a proactive search for future opportunities with our clients who are leading organizations in various industries. If you are an experienced accounting/finance professional...