Regional Underwriting Manager
Description
Position Summary:
Responsible for overseeing the Underwriters to ensure their team’s success. Ensures the performance of all duties in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.
Responsibilities:
- Responsible for maintaining a deep understanding of the sourcing, fulfillment and quality control activities necessary to produce high quality, salable, well-performing residential mortgage loans.
- Creates and employs consistent practices within day-to-day operations, providing support to Underwriters and team with onboarding processes and employee relation issues.
- Maintains compliance with agency and GSE underwriting policies and procedures.
- Works with Quality Control department in reviewing and reconciling Deficiency Review(s) from investors and assists with audit responses.
- Provides direction to underwriting team regarding underwriting and program conditions; gives direction to team regarding unusual or complex individual requests.
- Oversees and delegates training to underwriting staff in agency and government programs or products; holds regular meetings with the team to ensure high levels of customer service are maintained.
- Analyzes and reviews financial statements, credit reports and applicable ratios for escalated files; evaluates and examines escalated transactions to ensure accuracy and completeness.
- A thorough knowledge of FHA or VA regulations and FNMA/FHLMC and investor underwriting guidelines
- Serves as a liaison between Operations, Sales, Underwriting Departments, and Closing. Facilitates communication between business leaders and mortgage insurance companies.
- Performs other duties and projects as assigned.
Requirements:
- High School Degree or equivalent required and a minimum of five (5) years’ experience working in a similar field.
- Minimum three (3) years of management experience required.
- DE Designation Required.
Why work for #teamloanDepot:
- Aggressive compensation package based on experience and skill set.
- Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
- Work with other passionate, purposeful, and customer-centric people.
- Extensive internal growth and professional development opportunities including tuition reimbursement.
- Comprehensive benefits package including Medical/Dental/Vision.
- Wellness program to support both mental and physical health.
- Generous paid time off for both exempt and non-exempt positions.
About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.