Sr. Associate Account Management
Core
Review and analyze loan applications, assess borrower creditworthiness using the 4 C's methodology, and prepare underwriting summaries to ensure sound lending decisions and compliance.
Role type
Senior underwriting associate (mortgage)
Builds
Residential loan files for investors and lenders
Domain
Mortgage lending and financial services
Required skills
Credit assessment (4 C's), income calculation, financial analysis, regulatory compliance knowledge, loan product knowledge, risk identification, quality assurance, exception handling, mentoring
Preferred skills
Mortgage industry certification (NMLS), Encompass LOS experience, audit procedures knowledge, reconciliation reporting
Technologies
Loan Origination Systems (LOS), Encompass, Automated Valuation Models (AVMs)
Responsibilities
Review loan applications and supporting documentation; Calculate borrower income from various sources; Evaluate collateral and property values; Prepare underwriting summaries and document conditions; Collaborate with processors and loan officers; Identify discrepancies and ensure regulatory compliance; Handle exception reports and escalations; Mentor junior staff on best practices.
Seniority
Senior, hands-on IC with mentoring responsibilities