Underwriting Manager - Non-Agency
Western Alliance Bank, Dallas, TX, United States
Underwriting Manager - Non-Agency
TX - Dallas/Irving What You'll Do:
The Underwriting Manager will be responsible for the leadership and management of a team of underwriters to achieve the company's production and quality goals. The ideal candidate must possess extensive non-agency, conventional, and jumbo lending experience with an in-depth knowledge of mortgage processes. Additional requirements are a high degree of proficiency with various mortgage technologies and a dynamic hands-on working style in a fast-paced environment. The candidate must have strong organizational skills and the ability to manage a large team of experienced mortgage staff in their day-to-day tasks. Training, monitoring, and maintaining adherence to all underwriting policies and procedures are also important characteristics of this individual. Manage underwriters to ensure mortgage loans are underwritten per AmeriHome and investor underwriting 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 the underwriting team, Operation Account Representative managers, clients, and exceptions team Coordinate with Senior Underwriting Manager to review and respond to QA, QC, or secondary post-closing/post purchase requests Responsible for the training, coaching, and supervision for all underwriters within the associated interpretation and application of all company overlays and agency requirements Track and monitor underwriting metrics including productivity, quality, turn-times, customer service communication, and all required service level agreements Evaluate the structure of the Underwriting team and plan for continuous improvement in efficiency and effectiveness Provide a consistent approach to new hire training of underwriters and peer managers Responsible for interviewing, hiring, and onboarding of new hires Develop and maintain a strong working relationship with other departments Perform other duties as assigned What You'll Need:
5+ years underwriting experience and 7+ in the mortgage industry Working knowledge of non-delegated, retail, and/or correspondent processes Experience with non-QM, FNMA/FHLMC, and jumbo products Experience in product and credit risk management analysis 3+ years of previous management experience required Project management experience College degree preferred but not required Current advanced knowledge of industry-specific underwriting guidelines and agency requirements Proficiency with automated underwriting systems such as Desktop Underwriter and Loan Product Advisor Good verbal and written communication skills Ability to provide outstanding customer service in fast-paced environments Proficient working knowledge of computerized applications such as word processing, excel spreadsheets, database, presentation software, email, and specialized business applications software Presentation skills necessary to effectively communicate, update, persuade, and/or facilitate discussions with all levels of management as well as external clients Interpersonal skills necessary to establish and maintain effective working relationships with coworkers, other departments, and investor agencies as required Prioritization and time management skills Prior Encompass experience Managing Guidelines/Underwriting helpdesk Train clients and underwriters Prior accomplishments in process improvements Benefits You'll Love:
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.
TX - Dallas/Irving What You'll Do:
The Underwriting Manager will be responsible for the leadership and management of a team of underwriters to achieve the company's production and quality goals. The ideal candidate must possess extensive non-agency, conventional, and jumbo lending experience with an in-depth knowledge of mortgage processes. Additional requirements are a high degree of proficiency with various mortgage technologies and a dynamic hands-on working style in a fast-paced environment. The candidate must have strong organizational skills and the ability to manage a large team of experienced mortgage staff in their day-to-day tasks. Training, monitoring, and maintaining adherence to all underwriting policies and procedures are also important characteristics of this individual. Manage underwriters to ensure mortgage loans are underwritten per AmeriHome and investor underwriting 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 the underwriting team, Operation Account Representative managers, clients, and exceptions team Coordinate with Senior Underwriting Manager to review and respond to QA, QC, or secondary post-closing/post purchase requests Responsible for the training, coaching, and supervision for all underwriters within the associated interpretation and application of all company overlays and agency requirements Track and monitor underwriting metrics including productivity, quality, turn-times, customer service communication, and all required service level agreements Evaluate the structure of the Underwriting team and plan for continuous improvement in efficiency and effectiveness Provide a consistent approach to new hire training of underwriters and peer managers Responsible for interviewing, hiring, and onboarding of new hires Develop and maintain a strong working relationship with other departments Perform other duties as assigned What You'll Need:
5+ years underwriting experience and 7+ in the mortgage industry Working knowledge of non-delegated, retail, and/or correspondent processes Experience with non-QM, FNMA/FHLMC, and jumbo products Experience in product and credit risk management analysis 3+ years of previous management experience required Project management experience College degree preferred but not required Current advanced knowledge of industry-specific underwriting guidelines and agency requirements Proficiency with automated underwriting systems such as Desktop Underwriter and Loan Product Advisor Good verbal and written communication skills Ability to provide outstanding customer service in fast-paced environments Proficient working knowledge of computerized applications such as word processing, excel spreadsheets, database, presentation software, email, and specialized business applications software Presentation skills necessary to effectively communicate, update, persuade, and/or facilitate discussions with all levels of management as well as external clients Interpersonal skills necessary to establish and maintain effective working relationships with coworkers, other departments, and investor agencies as required Prioritization and time management skills Prior Encompass experience Managing Guidelines/Underwriting helpdesk Train clients and underwriters Prior accomplishments in process improvements Benefits You'll Love:
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.