Loan Underwriter Jobs in New York, NY
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.
Job Description We are seeking a Senior Underwriter with a strong background in Middle Market lending to join our Credit Underwriting team....
relationship management, underwriting, and/or adjudication experience Prior lending authority >/= $1 million preferred Small Business Administration/Agency, Healthcare Practice Solutions, or other...
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...
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...
Assist RM/IDs with deal pre-clearance within the Community Development Lending and Investment Group....
Process and underwrite loans consistent with corporate standards, through verification and due diligence....
Job Description: The UW is responsible for underwriting and structuring of credit transactions....
Credit Underwriter - Vice President
- New York, NY (1 mile from New York, NY)
- 10 days ago
- New York, NY (1 mile from New York, NY)
- 10 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
- 10 days ago
- New York, NY
- 10 days ago
Based on underwriting parameters, recommend the risk rating. Prepare summary, present facts, and offers opinions concerning credit-worthiness....
Required Qualifications: 7+ years experience credit, underwriting, and structuring of corporate lending transactions....
Commercial Credit Senior Underwriter/Portfolio Manager II
- Tarrytown, NY (24 miles from New York, NY)
- 16 days ago
- Tarrytown, NY (24 miles from New York, NY)
- 16 days ago
In lieu of degree, a combined minimum 11 years higher education and work experience, to include 7 years experience in complex credit underwriting, specialty underwriting, or other complex financial...
Working on special projects to enhance our service offering such as underwriting guidelines....
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...
Mortgage Underwriter - Temp Position (Remote - US)
- Harrison, NY (21 miles from New York, NY)
- 19 days ago
- Harrison, NY (21 miles from New York, NY)
- 19 days ago
compensation and benefits package 401k with company match Corporate-wide commitment to training and development Leadership committed to transparency and engagement The Mortgage Underwriter is responsible for underwriting...
Remote WorkMortgage Underwriter - Temp Position (Remote - US)
- Purchase, NY (24 miles from New York, NY)
- 23 days ago
- Purchase, NY (24 miles from New York, NY)
- 23 days ago
compensation and benefits package 401k with company match Corporate-wide commitment to training and development Leadership committed to transparency and engagement The Mortgage Underwriter is responsible for underwriting...
Remote WorkDemographic Data for New York, NY
Moving to New York, NY? Find some basic demographic data about New York, NY below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in New York, NY
Highest Education Level
Loan Underwriters in New York, NY 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
- Lending
- Loan Documentation
- FHLMC
- Jumbo Loans
- Federal Housing Administration
- 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
- USDA
- 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
- Prioritizing
- 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
- Leadership
- Communication Skills
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