Covius
TE Jumbo Securitization Credit Underwriter
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TE Jumbo Securitization Credit Underwriter
role at
Covius .
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It’s fun to work in a company where people truly BELIEVE in what they’re doing! We’re committed to bringing passion and customer focus to the business.
Summary The Credit Underwriter issues credit decisions based on the documented borrower profile within the guidelines of the program and client requirements. Underwriters are to meet the minimum daily production goals plus clearing conditions and perform within department audit standards. This position is classified as a Transactional Employee (TE). Transactional Employees are assigned to work on an “as needed” or project basis. The variable nature of the transactional role cannot guarantee a 40‑hour work week. Work may be reduced and may occasionally have no work. Efforts will be made to assign work, but work is entirely dependent on client needs.
Essential Functions
Underwrite residential mortgage loans in accordance with Conventional guidelines.
Input data and analyze findings in Loan Prospector, Desktop Underwriter, Asset wise, other AUS engines, and OES.
Identify and assess overall risk and potential fraud exposure from clients' business practices.
Meet the minimum daily production goals and quality targets plus clearing conditions and perform within department audit standards.
Review credit reports to determine credit patterns, current liabilities, outstanding judgments, and collections.
Review residential mortgage appraisal forms and calculate loan‑to‑value ratios.
Analyze income from salaried, commissioned, self‑employed, investments, fixed‑income sources.
Analyze asset statements for all types of asset accounts.
Work overtime and weekends as needed.
Perform other related duties as assigned.
Essential Knowledge, Skills, & Abilities
Ability to work in a fast‑paced, metrics‑driven environment.
Strong analytical and problem‑solving skills.
Ability to prioritize multiple objectives to meet client deadlines and department goals.
Excellent verbal and written communication skills.
Proficient knowledge of Microsoft Office Suite (Word, Excel, PowerPoint).
Strong underwriting knowledge of Prime or standard Full Documentation.
Ability to audit standard full documentation program clients.
In‑depth knowledge of HVCC, guidelines and requirements along with all federal, state, and local compliance regulations, including Truth in Lending and Equal Credit Opportunity laws.
In‑depth knowledge of the total closing function, including underwriting conditions prior to closing, closing instructions and procedures, and RESPA.
Up‑to‑date knowledge of Fannie/Freddie guidelines, back‑end quality control and fraud audit experience.
Must be able to use Desktop Underwriter (DU), Loan Prospector (LP) and other LOS (loan operations systems).
Commitment to cultivating a diverse and inclusive work environment.
Education
High School Diploma or equivalent.
Associate degree or equivalent industry experience.
Experience
3+ years of relevant industry experience.
3+ years of securitization experience.
3+ years of recent frontline (manual and automated) underwriting experience with Conventional, FHA and/or VA Knowledge, including A Paper, B/C Paper, Non‑Confirming and Conforming, and Sub‑Prime residential, Non‑QM and QM products.
Compensation & Benefits
Covius offers an extensive benefits package for all employees, including medical, dental, vision and 401(k).
Compensation $32.00 - $40.00 / hour.
Application Guidelines For best consideration, please submit your resume and application materials by DATE. Review of applications will begin immediately.
Working Conditions Work is performed in a climate‑controlled indoor administrative office setting. The noise level is usually quiet to moderate, depending upon the office or meeting location.
Physical Demands and Activities While performing the duties of this job, the employee is frequently required to communicate. The employee frequently is required to remain stationary. The employee is occasionally required to move about the office, operate a computer and other office machinery, such as a calculator, copy machine, and computer printer; occasionally position self to maintain files; occasionally moves boxes weighing up to 10 lbs. Close and distance observation required with ability to observe objects at close range in presence of glare or bright lighting (e.g., computer screen). Must possess the ability to communicate information and ideas so others will understand and have the ability to interact with external and internal stakeholders.
Equal Employment Opportunity Statement Covius is committed to equal opportunity in all employment practices to all qualified applicants and employees without regard to race, color, religion, gender, gender identity, age, national origin, pregnancy, disability, genetics, marital status, military or veteran status or any other protected category as established by local, state, and federal law. This policy applies to all aspects of the employment relationship including recruitment and hiring, placement, promotion, transfer, compensation, disciplinary action, layoff, leaves of absence, training, and termination. All such employment decisions will be made without unlawful discrimination based on any prohibited basis.
The essential functions, working conditions and physical demands described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
Please note that all job descriptions are not intended to be all‑inclusive. This job description is not designed to cover all activities, duties or responsibilities that are required of the employee for this job. Employees may be required to perform other duties at any time with or without notice to meet the ongoing needs of the organization.
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Finance and Sales
Referrals increase your chances of interviewing at Covius by 2x.
Get notified about new Credit Underwriter jobs in
Hillsborough County, FL .
#J-18808-Ljbffr
TE Jumbo Securitization Credit Underwriter
role at
Covius .
Get AI‑powered advice on this job and more exclusive features.
It’s fun to work in a company where people truly BELIEVE in what they’re doing! We’re committed to bringing passion and customer focus to the business.
Summary The Credit Underwriter issues credit decisions based on the documented borrower profile within the guidelines of the program and client requirements. Underwriters are to meet the minimum daily production goals plus clearing conditions and perform within department audit standards. This position is classified as a Transactional Employee (TE). Transactional Employees are assigned to work on an “as needed” or project basis. The variable nature of the transactional role cannot guarantee a 40‑hour work week. Work may be reduced and may occasionally have no work. Efforts will be made to assign work, but work is entirely dependent on client needs.
Essential Functions
Underwrite residential mortgage loans in accordance with Conventional guidelines.
Input data and analyze findings in Loan Prospector, Desktop Underwriter, Asset wise, other AUS engines, and OES.
Identify and assess overall risk and potential fraud exposure from clients' business practices.
Meet the minimum daily production goals and quality targets plus clearing conditions and perform within department audit standards.
Review credit reports to determine credit patterns, current liabilities, outstanding judgments, and collections.
Review residential mortgage appraisal forms and calculate loan‑to‑value ratios.
Analyze income from salaried, commissioned, self‑employed, investments, fixed‑income sources.
Analyze asset statements for all types of asset accounts.
Work overtime and weekends as needed.
Perform other related duties as assigned.
Essential Knowledge, Skills, & Abilities
Ability to work in a fast‑paced, metrics‑driven environment.
Strong analytical and problem‑solving skills.
Ability to prioritize multiple objectives to meet client deadlines and department goals.
Excellent verbal and written communication skills.
Proficient knowledge of Microsoft Office Suite (Word, Excel, PowerPoint).
Strong underwriting knowledge of Prime or standard Full Documentation.
Ability to audit standard full documentation program clients.
In‑depth knowledge of HVCC, guidelines and requirements along with all federal, state, and local compliance regulations, including Truth in Lending and Equal Credit Opportunity laws.
In‑depth knowledge of the total closing function, including underwriting conditions prior to closing, closing instructions and procedures, and RESPA.
Up‑to‑date knowledge of Fannie/Freddie guidelines, back‑end quality control and fraud audit experience.
Must be able to use Desktop Underwriter (DU), Loan Prospector (LP) and other LOS (loan operations systems).
Commitment to cultivating a diverse and inclusive work environment.
Education
High School Diploma or equivalent.
Associate degree or equivalent industry experience.
Experience
3+ years of relevant industry experience.
3+ years of securitization experience.
3+ years of recent frontline (manual and automated) underwriting experience with Conventional, FHA and/or VA Knowledge, including A Paper, B/C Paper, Non‑Confirming and Conforming, and Sub‑Prime residential, Non‑QM and QM products.
Compensation & Benefits
Covius offers an extensive benefits package for all employees, including medical, dental, vision and 401(k).
Compensation $32.00 - $40.00 / hour.
Application Guidelines For best consideration, please submit your resume and application materials by DATE. Review of applications will begin immediately.
Working Conditions Work is performed in a climate‑controlled indoor administrative office setting. The noise level is usually quiet to moderate, depending upon the office or meeting location.
Physical Demands and Activities While performing the duties of this job, the employee is frequently required to communicate. The employee frequently is required to remain stationary. The employee is occasionally required to move about the office, operate a computer and other office machinery, such as a calculator, copy machine, and computer printer; occasionally position self to maintain files; occasionally moves boxes weighing up to 10 lbs. Close and distance observation required with ability to observe objects at close range in presence of glare or bright lighting (e.g., computer screen). Must possess the ability to communicate information and ideas so others will understand and have the ability to interact with external and internal stakeholders.
Equal Employment Opportunity Statement Covius is committed to equal opportunity in all employment practices to all qualified applicants and employees without regard to race, color, religion, gender, gender identity, age, national origin, pregnancy, disability, genetics, marital status, military or veteran status or any other protected category as established by local, state, and federal law. This policy applies to all aspects of the employment relationship including recruitment and hiring, placement, promotion, transfer, compensation, disciplinary action, layoff, leaves of absence, training, and termination. All such employment decisions will be made without unlawful discrimination based on any prohibited basis.
The essential functions, working conditions and physical demands described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
Please note that all job descriptions are not intended to be all‑inclusive. This job description is not designed to cover all activities, duties or responsibilities that are required of the employee for this job. Employees may be required to perform other duties at any time with or without notice to meet the ongoing needs of the organization.
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Finance and Sales
Referrals increase your chances of interviewing at Covius by 2x.
Get notified about new Credit Underwriter jobs in
Hillsborough County, FL .
#J-18808-Ljbffr