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Residential Underwriter
Ref No.: 18-02743
Location: Miami, Florida
Position Type:Full Time
We are currently working with a highly-successful international bank in downtown Miami on a Residential Underwriter position. The position reports to the Underwriting Manager and will be responsible for making analytical credit decisions on applicants, while complying with internal policies, underwriting mortgage commitments, and checking supporting documentation submitted by the brokers.
Responsibilities
  • Analyses probability of the client repaying the loan and studying the existing assets. Analyzes employment and financial profile, credit strength, property and appraisal characteristics and all other information pertinent to the credit decision process on each mortgage application, as presented by the broker.
  • Reviewing credit history
  • Negotiating loan terms to satisfy broker, the client and bank
  • Prioritizes deals in the existing loan pipeline to minimize time
  • Communicates constantly with mortgage brokers to obtain missing documentation needed to complete requirements
  • Prepare KYC/CDD Profile Form and obtain all required documentation complying with BSA Program.
  • Ensure source of wealth, source of current income, and net worth as dictated by the BSA Program is properly documented.
  • Conduct an OFAC check, report any possible matches which cannot be cleared to the BSA/AML Officer.
  • Report to the BSA/AML Officer any unusual activity
  • Conduct EDD as required on high risk accounts in accordance with the BSA Program.
 
Requirements:
3-5 years of experience in residential lending; experience in foreign-national mortgage is a must
Bachelor's Degree a plus
Great communication & writing skills in English & Spanish

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