Longbridge Financial, LLC (NMLS# 957935)
The Power of Home.
Wholesale Underwriting Manager
Location
New Jersey
Posted
30 days ago
Salary
$110K - $130K / year
5 yrs expEnglish
Job Description
• Manage a team of Underwriters that underwrite for our Wholesale HECM channel
• Provide credit decisions and recommendations for complex situations
• Leads and directs the work of their team of underwriters
• Review and develop underwriting guidelines to ensure compliance
• Hire and train new underwriters to the team
• Interacts and collaborates with other Department Managers and Account Executives
• Attend scheduled Operational and daily Round Table meetings
• Maintain a thorough understanding of state and federal laws and regulations
Job Requirements
- 3-5 years proven experience in Underwriting Management
- 3-5 years proven experience in Underwriting mortgage transactions
- Reverse experience is required
- Knowledge of Wholesale mortgage business channel
- Extensive knowledge of FHA HECM, and Proprietary loan programs
- Above average oral and written communication skills
- Above average customer service, and analytical skills
- Ability to collaborate with sales on complex transactions and perform resolution management
- Ability to Coach, Mentor, and Train employees
- Intermediate working knowledge of PC applications (Word, Excel, MS Outlook, SharePoint)
Benefits
- best-in-class health plans (medical, dental, vision, HSA, and FSA)
- generous PTO
- paid holidays
- company-paid life insurance
- competitive 401(k) match
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