Mortgage Business Underwriter

UBS

  • Jacksonville, FL
  • Contract
  • Part-time
  • 13 days ago
Business DivisionsGlobal Wealth ManagementYour roleAs a Mortgage Business Underwriter you are responsible for reviewing and analyzing all credit and collateral documents, then issuing lending decisions based on the documented borrower profile within the program guideline requirements. You will meet the minimum daily production goals and perform within department audit standards. You will perform high quality jumbo residential mortgage file analysis and must be able to confirm the calculations used to decision the loan such as DTI, LTV, and Reserves. You are required to provide a written summary of loan findings which summarize loan characteristics in the areas of credit, income, assets, collateral, and the overall transaction. Exceptions on the loan will be clearly document and communicated. You will also reconcile findings with published guidelines to address/resolve variances and identify as well as provide relevant compensation factors evident in the loan file.Key competencies and responsibilities include:
  • review of credit reports to determine credit pattern, current liabilities, outstanding judgments and collections
  • review of residential mortgage appraisal forms
  • analyze asset statements for all types of asset accounts
  • analyze income from salaried, commissioned, self-employed, investments, fixed income sources
  • ability to determine monthly income based on bank statements and/or asset depletion
  • knowledge of the requirements to meet CFPB's Ability to repay standard
  • provide a written summary of loan details which clearly documents any exceptions to company guidelines and appropriate compensating factors
  • perform a thorough analysis to ensure the quality of each loan and to determine compliance with company or investor guidelines
  • ability to effectively make decisions in an independent manner
  • must be able to identify tasks to be completed and move forward independently without prompting
  • must be able to hold ones' self accountable for doing whatever is needed to meet all commitments and deadlines
Function CategoryProduct Management and DevelopmentJoin usAt UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.From gaining new experiences in different roles to acquiring fresh knowledge and skills, we know that great work is never done alone. We know that it's our people, with their unique backgrounds, skills, experience levels and interests, who drive our ongoing success. Together we're more than ourselves. Ready to be part of #teamUBS and make an impact?Contact DetailsUBS Business Solutions SA
UBS RecruitingYour teamThe Business Mortgage Underwriter is part of the Mortgage Group within UBS Wealth Management Banking.Your expertiseYou have:
  • a minimum of ideally 8 years current mortgage underwriting experience, jumbo mortgage preferred
  • a BA/BS degree, equivalent education and experience may be considered
  • excellent organizational skills with attention to detail
  • the ability to effectively communicate, work with, and build relationships with both internal and external customers
  • excellent verbal and written communication skills
  • advanced tax return analysis skill required
You are:
  • able to interact with all levels of staff and management
  • able to prioritize workload and meet deadlines
  • able to multitask, problem solve proactively and think creatively
  • experienced with residential appraisal review
  • proficient in Word, Excel, and Outlook
  • an excellent communicator and possess solid organizational skills
  • an expert problem solver
  • able to prioritize and adapt to changing deadlines
  • detail oriented and careful about quality of work
About usUBS is the world's largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors..We have a presence in all major financial centers in more than 50 countries.

UBS