Loan Underwriter Jobs in New York
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.
Nature & Scope: Positional Overview Are you an experienced Mortgage Loan Underwriter seeking a direct hire opportunity where your expertise truly matters?...
City National Bank Manager Mortgage Loan Underwriter in New York , New York MANAGER MORTGAGE LOAN UNDERWRITER WHAT IS THE OPPORTUNITY?...
The Bank is a New York State chartered commercial bank, a member of the Federal Reserve System and the Federal Deposit Insurance Corporation, and an equal housing lender....
commercial credit underwriting/approval methodologies....
Primary Responsibilities: Underwrite conventional (conforming and non-conforming) residential mortgage loans per product and investor guidelines through AUS and/or manual underwriting....
Make your mark in Underwriting AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber, Multinational Clients, and High...
The Mortgage Underwriter will report to the Mortgage Underwriting Team Lead....
Remote WorkExperience in corporate lending or product management advantageous....
The Mortgage Underwriter will report to the Mortgage Underwriting Team Lead....
Remote WorkCommercial Credit Senior Underwriter/Portfolio Manager II
- Hauppauge, NY
- 23 days ago
- Hauppauge, NY
- 23 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...
Power, Clean Energy Transition, Chemicals, NAM Credit Underwriter (C14/SVP) NYC
- New York, NY
- 29 days ago
- New York, NY
- 29 days ago
This role reports directly to the Global Head of Natural Resources Corporate Credit Underwriting....
Excellent financial lines underwriting technical ability, including financial analysis skills. Demonstrates significant contribution to underwriting profit....
Strategy & Transformation Project Manager - Loan Operations
- New York, NY
- 30+ days ago
- New York, NY
- 30+ days ago
SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing,...
Lender Engagement : Identify and engage with lenders, leveraging existing relationships to negotiate favorable terms and create competitive term sheets....
MORTGAGE LOAN UNDERWRITER II WHAT IS THE OPPORTUNITY?...
Demographic Data for New York
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Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in New York
Highest Education Level
Loan Underwriters in New York offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Federal National Morgage Association
- Mortgage Lending
- Jumbo Loans
- Consumer Lending
- Loan Documentation
- Lending
- Loan Origination
- FHLMC
- Fannie Mae
- Loan Review
- Commercial Banking
- BSA
- Commercial Lending
- Federal Housing Administration
- Loan Processing
- Tila Respa Integrated Disclosures
- OFAC
- Credit Underwriting
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Cash Flow Analysis
- Mortgage Underwriting
- Financial Services
- Balance Sheets
- Underwriting
- Financial Statements
- Appraisal
- Financial Modeling
- Due Diligence
- Financial Analysis
- Resolution
- Problem Resolution
- Real Estate
- Customer Satisfaction
- Finance
- Process Improvement
- Accounting
- Decision Making
- Auditing
- Quality Control
- Written Communication
- Mentoring
- Documentation
- Bachelor's Degree
- Reporting
- Sales
- Regulations
- Policy Development
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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