Trabajos underwriter en Clifton, New JerseyCrear alertas

Job Description Description The Consumer and Residential Loan Underwriter is responsible for gathering and analyzing credit information on current and potential borrowers, determines the advisability of granting credit for diversified types of loans and assists loan officers in writing loan requests. Key Responsibilities • Evaluates mortgage and consumer loan packages and provides loan approval with conditions to close or underwrite., • Conducts comprehensive risk assessments, analyzing debt-to-income and loan-to-value ratios, credit scores, and property valuations., • Performs in-depth analysis of credit reports, appraisals, and supporting documentation to qualify and classify loans according to company and regulatory guidelines., • Identifies potential risk issues and fraudulent activity throughout the application process., • Ensures all conditions are met and completed before final sign-off on mortgage documents., • Maintains knowledge of lending requirements, internal policies and procedures, and compliance and regulatory requirements., • Analyze collateral as a secondary repayment source to assess the secured position of the Bank. Education and Experience • College degree preferred; related work experience required, • Basic computer skills and knowledge, • Excellent interpersonal skills: including use of professional and clear verbal communication and writing skills., • Advanced planning, organizing, coordinating, and implementation skills. Physical Requirements & Working Conditions • Professional work environment with moderate noise., • Ability to sit and stand to extended lengths of time EOE m/f/d/v

Job Description BASIC FUNCTION Responsible for acting in place of the Director of the Commercial & Industrial Lending (C&I) and Small Business Finance (SBF) Department. The position will oversee all other Bank departments, ensuring C & I and SBF are compliant with policy and appropriate procedures. Assist with identification of lending and deposit opportunities as well as qualifies loans to borrowers for real estate secured and non-real estate financing opportunities. Ensures the quality of prospective commercial loan opportunities/portfolio to meet/exceed the Bank’s standards for C & I and SBF loans. This position will also have management responsibility for evaluating, structuring, underwriting, loan transactions originated from the C & I and Small Business Finance Departments, both new transactions and modifications. MAJOR RESPONSIBILITIES Deputy: • Oversees the department’s Administration, Underwriting and Production (Relationship Managers) to ensure they are following the bank’s Commercial C & I and Small Business Finance lending policies and practices., • Will further oversee all Department Teams to ensure transactions are effectively/efficiently proceeding toward approval and closing., • Makes telephone and personal calls to customers and potential customers., • Expedites the resolution of customer problems/complaints., • Oversees the quality of new/existing accounts. Verifies that potential loans conform to policy. Ensures that necessary documentation is completed, and requests additional data as needed. Confers with Department Director on portfolio opportunities/issues., • Maintains a state-of-the-art knowledge of the bank’s Commercial/Small Business lending market, with respect to products, pricing and demand., • Reviews/signs-off on new loan and modification underwritings (as long as position is not a producing position)., • Review commitment letters and loan documentation to insure conformance with approval and Bank policies., • Performs other duties as required. Underwriting: • Responsible for reviewing and analyzing commercial real estate and non-real estate loan requests/submissions, financial statements, property/business soundness and viability, industry trends, competition, management capability and financial leverage., • Responsible for reviewing each underwriter and/or performing in-depth due diligence on prospective clients (Borrowers/Principle/Guarantors) and their financial statements including cash flow modeling and projections., • Interact with Relationship Managers to establish appropriate loan structure which is consistent with prescribed credit policies, underwriting guidelines and general best practices considering risk elements inherent in loan purpose, ownership structure, management depth and experience., • Responsible for preparing Credit Memorandum for approval by Department Head, Senior Lending Officer and/or Credit Committee., • Interact with customers, Relationship Managers, underwriting staff, and administrative staff to obtain timely and complete financial information., • Assist in recommending, updating, and writing Departmental Credit Policies and Procedures as well as underwriting procedures., • Negotiate and recommend for approval loan modifications., • Responsible for managing the Underwriting staff and Sales staff (RM) workflow. Department Support: • Interact with Loan Review and Internal Audit relating to asset reviews, • Interact with external Bank Accountants and Regulators during their review., • Prepare draft responses to Loan Review and Internal Audit reports for Department Director and SLO review and sign off., • Assist the Department Director in overseeing the activities of the Commercial C & I and Small Business Finance departments including C & I and SBF policies, procedures and other management reporting requirements. JOB REQUIREMENTS Education: College Degree or education (or a combination of education and experience) equivalent to an undergraduate degree, Bank lending experience with successful completion of a credit training program. Experience: • Minimum of 15 years’ commercial lending/Small Business real estate and non-real estate experience required., • Minimum of 5 years’ Supervisory/Management experience., • Minimum 5 years’ experience as a Senior Underwriter with demonstrated ability to independently analyze, structure, negotiate and close commercial real estate loan transactions., • Minimum 5 years’ experience managing high performing sales teams with processes, prospecting and COI cultivation., • Excellent organizational skills., • Thorough knowledge of commercial real estate and non-real estate loan product lines., • Goal oriented individual – displaying self-motivation and initiative being a detail oriented and conscientious leader., • Excellent leadership and teamwork skills required., • Strong customer service skills required., • Experience with bank credit policies and procedures, loan analysis and guarantor/sponsor financial analysis., • Previous leadership role in a senior capacity with demonstrated ability to manage and direct subordinates., • Excellent organizational, presentation, interpersonal, communication skills and the ability to multi-task., • Ability to work independently under stringent time constraints., • Proficient in Word, Excel, Office, and other spreadsheet software applications. Benefits • Holidays, • Vacation, • Health/Dental, • Vision Service Plan, • Short Term Disability, • Long Term Disability, • Life Insurance, • Flexible Spending Accounts, • 401k Savings Plan, • Tuition Reimbursement, • Employee Assistance Program, • Free Employee Checking Account

Mortgage Processor Location: Wayne, NJ (onsite 5 days a week) Duration: 3 Months + Job Description: Mortgage Processor is responsible for the collection, verification and entry of all information required to render a credit decision on an application. Responsibilities include but are not limited to: • Prepare and mail required regulatory disclosures., • Order appraisal and flood certification and retrieve and review same., • Score application via automated underwriting system and carefully review decision results., • Communicate with applicant, Home Loan Consultant, and/or Home Loan Assistant to request required documentation., • Verify accuracy of information upon receipt and edit LOS as needed., • Review the entire file, put it in proper order and submit it to the underwriter., • Manage an assigned pipeline of loans and ensure contingency and closing dates are met., • Work with Home Loan Consultant to determine viable solutions to make deals work while balancing high credit quality., • Update general comments with all activity on the loan., • Request verifications (VOE, VOD, VOM, etc.), when applicable., • Good verbal and written communication skills., • Basic PC skills., • Ability to handle multiple assignments simultaneously., • Demonstrate excellent customer service and pipeline management skills., • Ability to handle confidential material in a professional, ethical manner. High School Diploma or GED and a minimum of 3-5 years related experience in residential mortgage processing.