Manager, Mortgage Loan Underwriting
Posted Updated
First Merchants Bank is seeking a Manager, Mortgage Loan Underwriting to join our team! This position will sit within our operational footprint of Indiana, Ohio, or Michigan and will motivate and lead an underwriting team to ensure pipeline metrics and quality goals are executed with sustained success.
As part of this role you will:
- Lead and manage assigned underwriters and appraisal analyst to ensure that pipeline metrics and quality guidelines are met and appropriate decisions are rendered within risk parameters established by the Bank and/or investor.
- Develop and maintain a strong understanding of Mortgage Lending products, policies, processes, and their required documentation, to include applicable updates and changes to procedures.
- Ensure the adherence to all appropriate risk management policies, procedures, controls and compliance regulations.
- Monitor underwriting trends and provide appropriate feedback, coaching and/or training as needed.
- Prepare and analyst applicable trending reports.
- Conduct second tier reviews as required.
- Assist with structuring more difficult and complex loans and aid in exception vetting.
- Act as an escalation point between other operational departments and sales.
- Develop team's relationship with other operational departments and sales.
- Recruit, develop, mentor and retain high-performing teammates to ensure ongoing success in meeting department goals.
- Manage day-to-day operations of assigned underwriters and appraisal analyst.
To be successful in this position, we require the following:
- High School Diploma or equivalent (GED).
- A minimum of eight (8) years of experience underwriting conventional, VA, FHA, Jumbo and Community Development products, plus five (5) years of experience managing others.
The following would be a plus:
- Bachelor’s degree in Business or a related field of study.