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Job Description:Position located on-site in Brea, CALine of Business Description: As a Bank of America Mortgage Underwriter you will be responsible for but not limited to the underwriting of residential loans ensuring compliance with appropriate company and secondary market investor standards. A Mortgage Underwriter will be responsible for examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents. You may be required to work with more senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans. Mortgage Underwriters may be involved in one or several types of mortgage lending (conventional, government-backed, etc.) You may also be required to respond directly to individual and investor audits. This job code includes all levels of underwriting authority and exception levels.Enterprise Description: Underwrites residential loans ensuring compliance with appropriate company and secondary market investor standards. As a Bank of America Mortgage Underwriter you will be responsible for but not limited to the underwriting of residential loans ensuring compliance with appropriate company and secondary market investor standards. A Mortgage Underwriter will be responsible for examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents. You may be required to work with more senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans. Mortgage Underwriters may be involved in one or several types of mortgage lending (conventional, government-backed, etc.) You may also be required to respond directly to individual and investor audits. This job code includes all levels of underwriting authority and exception levels. May respond to individual and investor audits. Must achieve government underwriting authority consistent with individual level of experience, including a successful CAIVERS check. This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in your immediate terminationQualificationsRequired Skills and Experience
One to four years recent manual underwriting experience [fulfillment]
Knowledge of conventional and/or government guidelines, federal lending regulations governing real estate lending
Attention to detail with proven ability to perform quality work while maintaining productivity and compliance standards.
Ability to meet and exceed production, quality and service standards along with providing direct coaching and feedback to ensure quality
Strong analytical skills. Ability to review complex financial documents and make credit recommendations and assess an individual's creditworthiness while adhering to all regulatory and compliance requirements
Must show strong capacity to address credit related issues and points of risk to ensure that underwriting meets quality assurance standards
Familiarity with secondary market requirements
Proven negotiation, excellent interpersonal/communication skills (written and verbal) with both fulfillment teammates, sales partners and customers
Self-motivated and highly organized with a commitment to teamwork and customer service
Ability to prioritize multiple competing tasks
Flexibility to work extended hours during heavy workload periods in a fast-paced, high volume environment, while practicing sound lending judgment
Math Proficiency
Computer proficiency including high comfort level with Microsoft office product suite
Desired Skills and Experience
Exposure to high net worth customers a plus
Bilingual-Spanish preferred but not required
iFulfill experience is desired
DE Authority
VA Authority
Knowledge of DU preferred
FHA and VA underwriting experience with DE and SAR4
Posting Date : 09/05/2019Location :Brea, CA, 275 Valencia Ave (CA7701),
United States
Travel : NoFull / Part-time : Full timeHours Per Week : 40Shift : 1st shiftWeekly Schedule : Monday – Friday 8am to 5pm, Rotational Saturdays as needed, as well as flexibility for overtime (OT)Assistance for Applicants with DisabilitiesBank of America is committed to ensuring that our online application process provides an equal employment opportunity to all job seekers, including individuals with disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to submit an application, please visit the Applicants with Disabilities page at http://careers.bankofamerica.com/us/applicants-with-disabilities .Diversity & InclusionAt Bank of America, our commitment to diversity and inclusion is helping us to create not only a great place to work, but also an environment where our employees, our customers and our communities around the world can reach their goals and connect with each other. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.Frequently Asked QuestionsNeed to know how to apply online, view a list of your submitted job applications or reset your password? Visit our FAQ at http://careers.bankofamerica.com/us/faq section for answers to these questions and more.
Vacancy expired!