Current jobs related to Loan Underwriting Supervisor - Ames, Iowa - BankTalent HQ

About the Company:

BankTalent HQ is a leading institution in the financial services sector, specializing in agricultural finance. Our commitment to excellence has established us as a premier provider of agricultural land loans across the nation.

Position Overview:

The Underwriting Manager will oversee the underwriting operations within our agricultural finance division. This role is crucial in ensuring the integrity and quality of loan evaluations and approvals.

Key Responsibilities:

• Manage the overall underwriting processes and functions within the division.
• Supervise the assessment and evaluation of loan applications submitted by the department.
• Ensure the quality of loans approved through rigorous underwriting standards.
• Collaborate with the closing department to confirm that all underwriting conditions are satisfied prior to finalizing loans.
• Stay updated on current underwriting practices and ensure that the underwriting team is informed of any changes.
• Address compliance issues within the underwriting division to maintain regulatory standards.
• Oversee hiring, transfers, terminations, and performance evaluations of team members.
• Perform additional duties as assigned.

Qualifications:

• A Bachelor's degree in Finance, Business, Accounting, or a related field is required, along with 6+ years of experience in credit practices, lending, and underwriting.
• Management experience is preferred; a combination of education and experience may be considered.
• Advanced knowledge of credit practices, lending regulations, and underwriting concepts is essential.
• Proven ability to lead and manage a team effectively.
• Expertise in credit scoring, financial analysis, and loan evaluation metrics.
• Strong problem-solving skills and sound decision-making abilities.
• Excellent communication and customer relations skills are necessary.
• Familiarity with relevant software applications is required.
• Contribute to the development of innovative underwriting principles and practices.

Benefits:

• Comprehensive Medical, Dental, and Vision Insurance starting from day one.
• Life and Disability Insurance, Paid Parental Leave, and Adoption Assistance.
• Health Savings Accounts (HSA), Flexible Spending Accounts (FSA), and dependent care accounts.
• Paid Training, Paid Time Off (PTO), and numerous Paid Federal Holidays.
• 401(k) plan with company matching and Profit Sharing opportunities.
• Mental health support including coaching and therapy sessions.
• Tuition Reimbursement for eligible employees pursuing accredited degree programs.
• Access to preferred banking products for employees.