First Reliance Bank

Job Title: Senior Mortgage Underwriter Division: Operations Location: Columbia, Mt Pleasant, Greenville, or Remote! Position Summary: Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Direct Reports: None Core Responsibilities: - Underwriting - Respond to investor repurchase and quality review requests. - Support loan shipping process to clear underwriting purchase issues. - Underwrite residential loans while ensuring compliance with appropriate company and secondary market investor standards as well as compliance with lending regulations. - Render underwriting decisions and subsequent clearing conditions to ensure credit and investor guidelines are met. - Evaluate and examine transactions to ensure accuracy and completeness - Contact customers and partners to gather information to make appropriate decisions - Proactively communicate the decisions to the Residential Lending Specialists and Community Bank Partners with an explanation behind credit decision 2.Training/Help Desk - Serve as a resource to Residential Mortgage personnel on underwriting questions and provide training for investor, underwriting and compliance related issues. - Recommends modifications to underwriting procedures. - Provide training as needed to Residential Lending Specialists and Community Bank Partners as requested by Channel Manager. - Underwriting Management - Prepare formal reports for review. - Provide feedback on new investor candidates as it relates to underwriting guidelines and delivery procedures. - Coordinate third party quality control of mortgage loans and evaluate reports providing feedback concerning closed loan quality and process improvements. - Ensure that contractors are trained on investor specific eligibility requirements and guidelines. - Negotiate with third party service providers and manage contracts. - Compliance - Implement fraud detection techniques and other evaluation tools to mitigate mortgage lending risk. - Performing compliance reviews and comply with regulatory requirements - Respond to individual and investor audits - Coordinate HMDA reporting and evaluation. - Role Specific Competencies - Computer Skills - Skilled in the use of computers, adapts to new technology, keeps abreast of changes, learns new programs quickly, use computers to improve productivity. - Job Knowledge - Understands duties and responsibilities, has necessary job knowledge, has necessary technical skills, understands company mission/values, keeps job knowledge current, is in command of critical issues. - Personal Organization - Keeps information organized and accessible, maintains clean/functional work space, works systematically/efficiently, and manages time well. Minimum Requirements: - Bachelor's degree or equivalent experience - 3 - 5 years underwriting experience - DE Certification with a CHUMS number and VA LAPP Approval including FHA and/or VA underwriting experience. - Extensive knowledge of quality service discipline. - Retail banking experience. - Proven communication and customer relation skills. - Ability and desire to interact and contribute in a team environment. - Ability to use a variety of software tools.