Loan Underwriter Jobs in Jersey City, NJ
A Loan Underwriter in the banking industry is responsible for evaluating and approving or rejecting loan applications based on the borrower's creditworthiness. They assess the risk involved in lending money to a particular borrower by scrutinizing their financial information, including credit history, income, employment stability, and debt-to-income ratio. They also establish lending terms and conditions, ensure compliance with regulatory standards, and communicate decisions and related information to applicants and loan officers. Since loan underwriting involves significant decision making, it plays a crucial role in maintaining the financial health and sustainability of a bank.
Prior to their role as a Loan Underwriter, an individual may have experience as a Loan Processor, Credit Analyst, or Financial Advisor. These positions help to build a solid foundation in credit analysis, risk assessment, and financial advisory, which are essential skills for Loan Underwriters. Loan Underwriters should have strong analytical, decision-making, and communication skills. They should also possess a detailed knowledge of credit and lending procedures, as well as relevant regulatory standards. Certifications such as the Mortgage Loan Originator (MLO) license or Certified Mortgage Underwriter (CMU) can enhance their credibility and career prospects in the industry.
Senior Credit Underwriter- CLC
- New York, NY (4 miles from Jersey City, NJ)
- 3 hours ago
- New York, NY (4 miles from Jersey City, NJ)
- 3 hours ago
Required Skills: Knowledge of credit risk analysis and underwriting principles, methods, and practices....
- New York, NY (4 miles from Jersey City, NJ)
- 1 day ago
- New York, NY (4 miles from Jersey City, NJ)
- 1 day ago
What The Role Is Under general supervision, the Mortgage Loan Underwriter is responsible for approving or denying mortgage loans based on information provided in a loan application....
- New York, NY (4 miles from Jersey City, NJ)
- 4 days ago
- New York, NY (4 miles from Jersey City, NJ)
- 4 days ago
Job Description We are seeking a Senior Underwriter with a strong background in Middle Market lending to join our Credit Underwriting team....
Commercial Credit Approval Officer I - C3 New Money
- New York, NY (4 miles from Jersey City, NJ)
- 5 days ago
- New York, NY (4 miles from Jersey City, NJ)
- 5 days ago
relationship management, underwriting, and/or adjudication experience Prior lending authority >/= $1 million preferred Small Business Administration/Agency, Healthcare Practice Solutions, or other...
- New York, NY (4 miles from Jersey City, NJ)
- 6 days ago
- New York, NY (4 miles from Jersey City, NJ)
- 6 days ago
Excellent Excel skills, especially with underwriting models. ARGUS know-how a plus. Attention to detail with strong interpersonal skills Ability to work both independently and in a team environment...
- New York, NY (4 miles from Jersey City, NJ)
- 6 days ago
- New York, NY (4 miles from Jersey City, NJ)
- 6 days ago
required; Act as credit conduit for loan originators and Real Estate Investment Strategies for new loan requests; Responsible for aiding in training originators on Real Estate Investment Strategies lending...
- New York, NY (4 miles from Jersey City, NJ)
- 8 days ago
- New York, NY (4 miles from Jersey City, NJ)
- 8 days ago
Process and underwrite loans consistent with corporate standards, through verification and due diligence....
Commercial Credit Underwriter I-II
- New York, NY (4 miles from Jersey City, NJ)
- 10 days ago
- New York, NY (4 miles from Jersey City, NJ)
- 10 days ago
Job Description: The UW is responsible for underwriting and structuring of credit transactions....
Credit Underwriter - Vice President
- New York, NY (5 miles from Jersey City, NJ)
- 11 days ago
- New York, NY (5 miles from Jersey City, NJ)
- 11 days ago
Collaboration - Collaborate with all other cross functional groups as needed to ensure that credit underwriting and portfolio management activities are approved in a timely manner....
Commercial Credit Underwriter/Portfolio Manager II
- New York, NY (4 miles from Jersey City, NJ)
- 12 days ago
- New York, NY (4 miles from Jersey City, NJ)
- 12 days ago
Based on underwriting parameters, recommend the risk rating. Prepare summary, present facts, and offers opinions concerning credit-worthiness....
Senior Underwriter II - Asset Based Finance
- New York, NY (4 miles from Jersey City, NJ)
- 12 days ago
- New York, NY (4 miles from Jersey City, NJ)
- 12 days ago
Required Qualifications: 7+ years experience credit, underwriting, and structuring of corporate lending transactions....
Trade Finance - Senior Underwriter
- New York, NY (4 miles from Jersey City, NJ)
- 18 days ago
- New York, NY (4 miles from Jersey City, NJ)
- 18 days ago
Working on special projects to enhance our service offering such as underwriting guidelines....
- New York, NY (4 miles from Jersey City, NJ)
- 20 days ago
- New York, NY (4 miles from Jersey City, NJ)
- 20 days ago
As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial...
Commercial Real Estate Underwriter/Portfolio Manager
- New York, NY (4 miles from Jersey City, NJ)
- 26 days ago
- New York, NY (4 miles from Jersey City, NJ)
- 26 days ago
Ability to foster strong partnerships with the related documentation and underwriting units. Ability to work in a fast-paced environment with little supervision....
Manager - Loan Operations - Cash Reconciliation Specialist
- New York, NY (4 miles from Jersey City, NJ)
- 90+ days ago
- New York, NY (4 miles from Jersey City, NJ)
- 90+ days ago
As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial...
Demographic Data for Jersey City, NJ
Moving to Jersey City, NJ? Find some basic demographic data about Jersey City, NJ below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Jersey City, NJ
Highest Education Level
Loan Underwriters in Jersey City, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Reimbursement
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Fannie Mae
- Lending
- Loan Documentation
- FHLMC
- Federal Housing Administration
- Jumbo Loans
- Commercial Banking
- BSA
- Loan Review
- Freddie Mac
- Conventional Loans
- Commercial Lending
- Know Your Customer
- Loan Processing
- Credit Underwriting
- Mortgage Processing
- Encompass
- Treasury Management
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- Loan Servicing
- Financial Services
- Balance Sheets
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Portfolio Management
- Taxes
- Financial Modeling
- Due Diligence
- Financial Analysis
- Resolution
- Real Estate
- Risk Management
- Finance
- Closing
- Accounting
- Decision Making
- Written Communication
- Verbal Communication
- Auditing
- Documentation
- Reporting
- Bachelor's Degree
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Research Skills
- Leadership
- Communication Skills
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