Financial Services Credit Analyst

3 days ago


Phoenix, Arizona, United States OneAZ Credit Union Full time

About the Role

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We are seeking a seasoned Mortgage Underwriter IV to join our team at OneAZ Credit Union. In this role, you will be responsible for reviewing and evaluating information on mortgage loan documents, including income, indebtedness, ratios, loan-to-value, and other calculations necessary for determining final decisions and compliance with investor guidelines.

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You will work closely with processing, closing, funding, and quality assurance teams to ensure members receive a beneficial product. The ideal candidate should have a high level of experience in appraisal reviews and PMI underwriting guidelines, as well as strong analytical and problem-solving skills.

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A bachelor's degree or specialized course of study in finance, accounting, or a related field is preferred. The salary for this position is approximately $72,000 to $96,000 per year, depending on experience.

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Responsibilities

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  • Review and evaluate information on mortgage loan documents to determine if buyer, property, and loan conditions meet credit union and government standards">
  • Evaluate the entire credit package and collateral to ensure the credit union's position of a quality loan product">
  • Presents loans for higher lending authority, making recommendations for approval">
  • Works closely with processing, closing, funding, and quality assurance teams to ensure members receive a beneficial product">
  • Determines terms and acceptability of risk of prospective business">
  • Sets prices for prospective mortgage loan applicants">
  • Approves or rejects loan application, based on RE Loan level, or requests additional information">
  • Clears credit and property conditions placed on loan as required">
  • Reviews title to ensure ALTA matters have been cleared and easements are within general guidelines as established by credit union">
  • Reviews flood certifications and compares to appraisal">
  • Records loan rejections, specifying investor and credit union guidelines and basis for declining application">
  • Assembles documents in loan files, including acceptance or denial, and returns files to originating mortgage loan officer">
  • Maintains underwriting activity logs and provides weekly or monthly underwriting reports to Mortgage Lending Manager">
  • Provide critical support to both processing and sales staff regarding loan guidelines, placement, and possible scenarios">
  • Stays informed of changing market guidelines and communicates to managers and staff critical market data">
  • Communicates to management associate issues that may require additional training or management intervention">
  • Develop an understanding of Credit Union philosophy, organization, bylaws, and operational procedures">
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Benefits

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  • Competitive salary and bonus structure">
  • Robust benefits package, including low-cost medical, dental, and vision plans, gym reimbursement, paid parental leave, generous personal days, and vacation time">
  • Award-winning 401(k) program with a 5% discretionary match">
  • Ongoing training and professional development opportunities">
  • A collaborative and dynamic work environment">
  • The chance to make a positive impact on the lives of our members">
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How to Apply

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Please submit your resume and a cover letter outlining your qualifications and experience. We look forward to hearing from you


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