What are the responsibilities and job description for the Underwriting Supervisor position at Western Alliance Bank?
Job Title
Underwriting Supervisor
Location:
TX - Dallas/Irving
What You'll Do
As an Underwriting Supervisor, you'll be responsible for the management of offshore underwriting resources, including comprehensive review of income, credit, liabilities, and assets to ensure accuracy, consistency, and adherence to agency and company guidelines. This role ensures high quality underwriting production, adherence to Agency and company guidelines, and alignment with AmeriHome/Western Alliance Bank policies and service expectations. In addition, you'll manage the day-to-day as a hands-on manager, prioritizing assignments, and the ability to work with a large team of staff members. You'll be expected to understand the Bank's policies and procedures, and adhere to all laws, rules, regulatory and compliance regulations.
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About The Company
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation
Underwriting Supervisor
Location:
TX - Dallas/Irving
What You'll Do
As an Underwriting Supervisor, you'll be responsible for the management of offshore underwriting resources, including comprehensive review of income, credit, liabilities, and assets to ensure accuracy, consistency, and adherence to agency and company guidelines. This role ensures high quality underwriting production, adherence to Agency and company guidelines, and alignment with AmeriHome/Western Alliance Bank policies and service expectations. In addition, you'll manage the day-to-day as a hands-on manager, prioritizing assignments, and the ability to work with a large team of staff members. You'll be expected to understand the Bank's policies and procedures, and adhere to all laws, rules, regulatory and compliance regulations.
- Manage underwriters to ensure mortgage loans are underwritten following proper guidelines. Ensure team members are fully trained and current on company’s philosophy and policies/procedures.
- Manage and review day-to-day tasks escalated by team. Conduct underwriting review process in a manner designed to minimize the company's risk while employing problem resolution techniques in approving loans.
- Train, coach and supervise all underwriters to the application of all company overlays and agency requirements. Evaluate the structure of the Underwriting team and plan for continuous improvement in efficiency and effectiveness.
- Develop and maintain a strong working relationship with other departments.
- Lead and develop a team: responsible for hiring, coaching, performance management, training and development.
- The ideal candidate will possess strong technical expertise in income, credit, liability, and asset analysis, exceptional communication skills, and experience managing remote and/or offshore teams.
- 7 years of related experience in Residential Mortgage Loan Underwriting or similar field.
- High school diploma required; Bachelor's degree in related field preferred.
- Previous leadership experience required.
- Intermediate to advanced knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, capital markets and/or other residential mortgage products and services.
- Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Advanced knowledge of mortgage loan products, lending principles and regulatory compliance. Extensive understanding of mortgage lending principles and underwriting guidelines, including FHA, VA, and conventional loans, loan processing and automated underwriting systems. Knowledge of mortgage lending principles and underwriting guidelines including self-employed borrowers, partnership, corporation tax return analysis, Appraisal Reviews, condo project reviews, Trust, Leasehold and Power of Attorney documentation.
- Intermediate to advanced experience in understanding and knowledge of technology that supports mortgage banking, Encompass (LOS) and core systems and MS Office products.
- Advanced speaking and writing communication skills.
- DE, SAR or equivalent certification preferred.
We offer all the important things you'd want — like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you’ll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!
About The Company
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
© Western Alliance Bancorporation