Senior Mortgage Underwriter
3 days ago
This is an exciting opportunity to join our team as a Senior Mortgage Underwriter specializing in Loss Mitigation. As a key member of our mortgage underwriting team, you will play a vital role in evaluating residential loan applications from financially distressed borrowers to minimize losses for First Citizens Bank. Your expertise will be instrumental in analyzing financial statements, rehabilitating problem loans, and ensuring compliance with applicable regulations.
About the Role
We are seeking a highly skilled and experienced underwriter with a strong understanding of financial principles and concepts, as well as industry-specific regulations and laws. Your primary responsibilities will include:
- Reviewing and evaluating residential 1-4 loan applications to determine credit solutions
- Analyzing financial statements to identify potential risks and opportunities
- Rehabilitating problem loans when possible to mitigate loss
- Ensuring all underwriting complies with applicable regulations and guidelines
Requirements
To be successful in this role, you will need:
- A Bachelor's Degree in a related field (e.g., finance, accounting) or equivalent experience
- At least 4 years of experience in consumer, retail, or residential mortgage underwriting
- Strong knowledge of industry-specific regulations and laws (e.g., TILA, RESPA, ECOA, HMDA, SAFE, FDCPA)
What We Offer
As a valued member of our team, you can expect a competitive salary, benefits package, and opportunities for growth and development. Our comprehensive benefits program includes medical, dental, and vision coverage, as well as a retirement savings plan and paid time off. Additionally, you will have access to ongoing training and professional development opportunities to help you advance your career.
Estimated Salary: $85,000 - $110,000 per year
About First Citizens Bank
First Citizens Bank is a leading regional bank with a long history of providing exceptional service to our customers. We pride ourselves on our commitment to community involvement, diversity, and inclusion. If you share our values and are passionate about delivering exceptional results, we encourage you to apply for this exciting opportunity.
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Washington, Washington, D.C., United States First Citizens Bank Full time**Job Summary:**We are seeking an experienced Lead Residential Mortgage Underwriter and Risk Mitigator to join our team at First Citizens Bank. As a key member of our underwriting team, you will be responsible for evaluating residential loan applications from financially distressed borrowers to mitigate loss for the bank.**Responsibilities:**Evaluate...
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