Manager, Mortgage Underwriting

Expiring today

Employer
Pentagon Federal Credit Union
Location
Alexandria, VA
Posted
Sep 11, 2017
Closes
Sep 21, 2017
Function
Management
Hours
Full Time
Manager Mortgage Underwriting City Alexandria State Territory Virginia Last updated AM Apply Now Manager Underwriting Summary PenFed is hiring a Manager Underwriting in Alexandria VA The primary purpose of this job is to support the operations staff in maintaining the underwriting quality on all loan files Validate analyze findings on credit and compliance quality control reviews according to FNMA FHLMC VA and PenFed guidelines Essential Functions Works with Team Manager and Assistant Manager for completing the monthly scorecards for Underwriters the staff performance evaluations and recommend content for training and development of Underwriters Review training flashes prepared by the Underwriting Assistant Manager in regards to guideline changes updates systems enhancements etc Provides complete overview of the Underwriting quality trending on all Conforming Conventional Jumbo Super Jumbo loans to meet GSE Appendix Q PenFed guidelines Responsible for working with Lending Services to get approval from the Credit Risk Committee on changes related to product underwriting guidelines Update the Mortgage Origination Manuals related to Underwriting Counsels and provides training and guidance to less experienced staff Assists with cross training as needed Validate analyze reports that identify the responsible parties on findings reported by QC QA Loan Delivery Post Closing Credit Risk and or Compliance Communicates all trends for the responsible parties and any necessary follow ups to Director Provide guidance on escalated underwriting loan scenarios and requirements Works closely with Manager Loan Delivery to ensure all saleable loans are meeting investor requirements Participates with system testing and procedural improvements Remain current on all mortgage related regulations and changes and keeps section staff informed This role is responsible for ensuring business continuity Education and Experience Equivalent combination of education and experience is considered Bachelora s degree or a combination of education and experience that provides the necessary skills and knowledge to satisfactorily perform the essential job functions Minimum seven years related work experience in mortgage lending with at least years of underwriting experience Experience managing mortgage operations that involved customer interaction Strong verbal and written communications skills required Attention to detail required MS office general knowledge required Supervisory Responsibility This position will not supervise employees directly but in directly Licenses and Certifications There are no additional certifications required Work Environment While performing the duties of this job the employee is regularly exposed to an indoor office setting with moderate noise Travel Limited travel to various worksites is required About Us Established in PenFed today is one of the countrya s strongest and most stable financial institutions with over million members and over billion in assets We serve members in all states and the District of Columbia as well as in Guam Puerto Rico Okinawa and Portugal We are federally insured by NCUA and we are an Equal Housing Lender We are available to members worldwide via the web seven days a week twenty four hours a day Our mission isna t simply to help our members get by We exist to help them realize every ounce of their potential We exist to educate and to encourage We exist to usher their dreams into the land of reality We provide our employees with a lucrative benefits package including robust medical dental and vision plan options plenty of paid time off k with employer match on site fitness facilities at our larger locations and more Equal Employment Opportunity PenFed will maintain and observe personnel policies which will prohibit discrimination or harassment against a person because of race color creed age sex gender religion national origin ancestry genetic information military or veteran status or obligation the presence of a physical and or mental disability and all other statuses protected by applicable state or local law in all recruiting hiring training compensation overtime position classifications work assignments facilities promotions transfers employee treatment and in all other terms and conditions of employment PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed Contact human resources HR with any questions or requests for accommodation at