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

Washington Legal Group

Virtual Assistant Job at Washington Legal Group

Washington Legal GroupVirtual Assistant Remote // Monday to Friday // 8:00am - 5:00pmWashington Legal Group is a trusted Atlanta-based law firm that has served Georgia for over 16 years, with a combined team experience of more than 50 years in public advocacy and community... 

QPS Employment Group

Recruiter Job at QPS Employment Group

 ...QPS Employment Group is hiring a Recruiter for our branch office in Beaver Dam, WI . We are looking for a passionate individual who is motivated, goal-driven, committed to hard work, and can embrace change. The ideal person must possess the genuine desire to positively... 

Shell Lumber & Hardware

Ace Hardware Manager Job at Shell Lumber & Hardware

 ...performing the duties of this job, the employee is regularly exposed to work near moving mechanical parts, fumes or airborne particles, outdoor weather conditions, and dust. The employee is occasionally exposed to work in high, precarious places, toxic or caustic chemicals,... 

NYC Health + Hospitals/Correctional Health Services

Social Work Supervisor Job at NYC Health + Hospitals/Correctional Health Services

 ...leverages the resources of the nations largest municipal health care system to help discharged patients successfully return to their communities. CHS is also a pivotal partner in New York Citys criminal justice reform efforts. Summary of position: This position... 

Custom Seating

Materials Manager Job at Custom Seating

 ...paced environment with frequent change in dynamics. Communication proficiency, both oral and written Strong analytical and mathematical skills Education and Experience: 10 years of purchasing Purchasing experience in a manufacturing environment ...