What are the responsibilities and job description for the Mortgage Warehouse Underwriter II position at Centier Bank?
Recognizing and valuing diversity strengthens our ability to attract, retain and engage associates and reinforces our relationship within our communities. Our associates are the most valuable asset we have. The collective sum of the individual differences, life experiences, knowledge and talent that our associates invest in their work represents a significant part of not only our culture, but our reputation and company’s achievement as well.
A Centier Associate is someone who embodies a servant heart, is unaccepting of anything less than remarkable service, and is self-motivated and driven to deliver exceptional results.
What are our values? Our Corporate values are Caring, Loyalty, Integrity, Friendship, Fun....who wouldn't want to work for an AWARD-WINNING company that's built on these pillars?
What about the perks? Access to our Marathon Health Clinics which provide FREE visits & prescriptions, Generous Paid Time Off benefit, Tuition Reimbursement, 401K match, Associate Stock Ownership Plan, Daycare Reimbursement, FREE Onsite Fitness Center/Fitness Reimbursements, Health and Wellness Programs, the ability to have a voice with our Diversity/Equity/Inclusion Council, Career Growth, Work/Life Balance, AND MORE.
Supervisory Responsibilities: No supervisory responsibilities
Job Summary: A Mortgage Warehouse Underwriter II will prepare written loan analyses for new and existing lines for Mortgage Warehouse relationships ranging from $3,000,000 up to the bank’s Mortgage Warehouse Lending Guidelines. He or she will also monitor existing lines through annual reviews. A Mortgage Warehouse Underwriter II will be expected to have knowledge and experience with moderately complex Warehouse relationships.. A Mortgage Warehouse Underwriter II should be proficient in warehouse lending and Bank policy and procedures. Position will also be responsible for reviewing a sampling of files post-closing to verify proper adherence with lending guidelines, policy and procedures. Promote good relations with all associates and departments within the Bank to maintain organization and efficiency.
Essential Duties And Responsibilities
Collect and analyze detailed financial information about sellers, borrowers and associated guarantors to determine the level of credit that is appropriate for complex warehouse line relationships. Prepare 10-50 page written presentations for new warehouse lines, line modifications, and annual reviews. Presentations include identification of strengths, risks with applicable mitigating factors, an appropriate risk grade and recommendation regarding the warehouse facility decision. Approval will come from Loan Committees depending on the size of relationship. Will need to interact with warehouse management, senior management, warehouse clients and customers to evaluate credit worthiness of new relationships and potential deterioration of existing warehouse clients or borrowers. Think independently to present data, conclusions and recommendations when there may not be a predefined policy or procedure.
Financial monitoring and review of approved end investor financials annually. Review monthly sampling for internal review of appraisals and HUD settlement statements.
Review outstanding loans for any missing documents.
Knowledge, Skills, And Abilities
Adept at time management to meet strict deadlines and respond to high urgency requests from Management and/or Loan Officers. Ability to think critically and express conclusions in writing and verbally. Aptitude for quantitative analysis working with numerous variables, spreadsheets with large amounts of data, identifying/summarizing patterns and trends. Must be a quick study for new tasks, procedures, software/technology as well as conceptual philosophy behind a diverse set of tasks related to risk management of warehouse lines. Strong organizational skill sets. Strong attention to detail. Working knowledge of Microsoft Office, Warehouse Loan Funding System, and Credit Quest. Demonstrated success in a fast-paced service environment. Strong communication skills; both interpersonal and written are necessary. Ability to successfully perform work independently and in a team environment. Familiarity with loan documents is a plus.
Job Qualifications
Must possess working knowledge of underwriting principles for moderately complex Warehouse Lines. Bachelor’s Degree with significant accomplishment in finance and accounting or commensurate experience and training in credit analysis for business relationships. Minimum of 5 years of commercial underwriting experience with an emphasis on credit and risk management for mortgage warehouse clients.
What do I do now?
Centier Bank is an Equal Employment Opportunity/Affirmative Action employer and is committed to providing reasonable accommodations to individuals with disabilities in the employment application process. If you need an accommodation due to a disability to use our online system to apply for a position at Centier Bank, please call us at 219-755-6160 or send us an email at hrcareers@centier.com.
Equal Opportunity Employer: Disability/Veteran
Centier Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
Member FDIC
A Centier Associate is someone who embodies a servant heart, is unaccepting of anything less than remarkable service, and is self-motivated and driven to deliver exceptional results.
What are our values? Our Corporate values are Caring, Loyalty, Integrity, Friendship, Fun....who wouldn't want to work for an AWARD-WINNING company that's built on these pillars?
What about the perks? Access to our Marathon Health Clinics which provide FREE visits & prescriptions, Generous Paid Time Off benefit, Tuition Reimbursement, 401K match, Associate Stock Ownership Plan, Daycare Reimbursement, FREE Onsite Fitness Center/Fitness Reimbursements, Health and Wellness Programs, the ability to have a voice with our Diversity/Equity/Inclusion Council, Career Growth, Work/Life Balance, AND MORE.
Supervisory Responsibilities: No supervisory responsibilities
Job Summary: A Mortgage Warehouse Underwriter II will prepare written loan analyses for new and existing lines for Mortgage Warehouse relationships ranging from $3,000,000 up to the bank’s Mortgage Warehouse Lending Guidelines. He or she will also monitor existing lines through annual reviews. A Mortgage Warehouse Underwriter II will be expected to have knowledge and experience with moderately complex Warehouse relationships.. A Mortgage Warehouse Underwriter II should be proficient in warehouse lending and Bank policy and procedures. Position will also be responsible for reviewing a sampling of files post-closing to verify proper adherence with lending guidelines, policy and procedures. Promote good relations with all associates and departments within the Bank to maintain organization and efficiency.
Essential Duties And Responsibilities
Collect and analyze detailed financial information about sellers, borrowers and associated guarantors to determine the level of credit that is appropriate for complex warehouse line relationships. Prepare 10-50 page written presentations for new warehouse lines, line modifications, and annual reviews. Presentations include identification of strengths, risks with applicable mitigating factors, an appropriate risk grade and recommendation regarding the warehouse facility decision. Approval will come from Loan Committees depending on the size of relationship. Will need to interact with warehouse management, senior management, warehouse clients and customers to evaluate credit worthiness of new relationships and potential deterioration of existing warehouse clients or borrowers. Think independently to present data, conclusions and recommendations when there may not be a predefined policy or procedure.
Financial monitoring and review of approved end investor financials annually. Review monthly sampling for internal review of appraisals and HUD settlement statements.
Review outstanding loans for any missing documents.
Knowledge, Skills, And Abilities
Adept at time management to meet strict deadlines and respond to high urgency requests from Management and/or Loan Officers. Ability to think critically and express conclusions in writing and verbally. Aptitude for quantitative analysis working with numerous variables, spreadsheets with large amounts of data, identifying/summarizing patterns and trends. Must be a quick study for new tasks, procedures, software/technology as well as conceptual philosophy behind a diverse set of tasks related to risk management of warehouse lines. Strong organizational skill sets. Strong attention to detail. Working knowledge of Microsoft Office, Warehouse Loan Funding System, and Credit Quest. Demonstrated success in a fast-paced service environment. Strong communication skills; both interpersonal and written are necessary. Ability to successfully perform work independently and in a team environment. Familiarity with loan documents is a plus.
Job Qualifications
Must possess working knowledge of underwriting principles for moderately complex Warehouse Lines. Bachelor’s Degree with significant accomplishment in finance and accounting or commensurate experience and training in credit analysis for business relationships. Minimum of 5 years of commercial underwriting experience with an emphasis on credit and risk management for mortgage warehouse clients.
What do I do now?
- Apply with us!
- Refer this opening to others!
Centier Bank is an Equal Employment Opportunity/Affirmative Action employer and is committed to providing reasonable accommodations to individuals with disabilities in the employment application process. If you need an accommodation due to a disability to use our online system to apply for a position at Centier Bank, please call us at 219-755-6160 or send us an email at hrcareers@centier.com.
Equal Opportunity Employer: Disability/Veteran
Centier Bank is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
Member FDIC
Salary : $3,000,000