VP of Underwriting – Non-Agency

Posted 1ds ago

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Job Description

VP of Underwriting managing the Non-Agency underwriting department at CrossCountry Mortgage. Overseeing underwriting operations and ensuring compliance with service level agreements.

Responsibilities:

  • Ability to underwrite conventional and government loans (FHA, VA).
  • Maintain and report underwriter bonus.
  • Provide guidance and solutions to underwriting team and branches for complex underwriting scenarios and escalations.
  • Assist in special projects and training as designated by underwriting management.
  • Communicate with branches on escalations and escalated scenarios.
  • Perform second level reviews as designated by senior underwriting management.
  • Work with underwriting team to maintain standard service level agreements.
  • Monitor underwriting pipeline to ensure productivity and adherence to set SLAs.
  • Provide mentoring and coaching to underwriting staff as identified or required by senior management.
  • Utilize problem solving, judgement, knowledge, and experience to effectively remedy loan level issues.
  • Manage department reports.
  • Manage a team consisting of approximately five to ten individuals.
  • Communicate effectively with operations and sales staff to maintain a high level of customer service via phone and email.
  • Perform other related duties as assigned by management.

Requirements:

  • Direct Endorsement status from HUD and/or SAR authority from VA, experience with USDA, preferred.
  • Understanding of FHA, VA and Conventional loan guidelines, preferred.
  • Bachelor’s Degree or equivalent combination of education and experience, preferred.
  • 5+ years of Mortgage Underwriting Experience (FHA, VA, USDA, Conventional) with agency guideline knowledge, preferred.
  • 3+ years of Underwriting management experience, preferred.
  • Working knowledge of ATR/QM requirements.
  • Proficient in Microsoft Word, Excel, and Outlook.
  • Encompass LOS experience a plus.
  • Knowledge of compliance and disclosure requirements.

Benefits:

  • medical
  • dental
  • vision
  • 401K
  • company-provided short-term disability
  • employee assistance program
  • wellness program