[Hiring] Loan Underwriter III @Wintrust Financial Corporation

Role Description

Responsible for ensuring real estate loan applications are underwritten in accordance with the latest investor and agency guidelines. Underwrites loans within acceptable department quality standards.

• Underwrites conventional mortgage loans to determine acceptable compliance with relevant agency, investor and internal guidelines.
• Reviews all follow-up conditions from initial approval, suspension or decline for acceptability.
• Maintains maximum 48 hours turn time on resubmissions.
• Ensures all loans underwritten will be eligible for sale to end investor and appropriate government agency.
• Responsible for support and utilization of pipeline management.
• Clears High Impact Alerts in fraud detection tool and monitors misrepresentation risk for all loans.
• Validates all AUS findings submissions to determine all requirements are met.
• Obtains second signature from management for all loans exceeding lending authority.
• Works directly with Loan Originators, LOA’s and Processors.
• Return of all phone calls and emails in a timely fashion.
• Ongoing education and training to stay current with market trends, changing guidelines and requirements.
• LOS data entry to provide minimum fields needed for proper reporting for data for HMDA, and other reporting.
• Other mortgage operations duties as need arises.
• Underwriting authority: Conventional loans, FHA DE, VA SAR, and jumbo loans.

Qualifications

• 5-10 years current underwriting experience with conventional and government loans.
• High school diploma or equivalent.
• Attention to detail and accuracy is a must.
• Ability to manage multiple tasks.
• Strong organizational skills.
• Excellent verbal and written communication skills.
• Advanced Computer Skills.

Benefits

• Medical Insurance
• Dental
• Vision
• Life insurance
• Accidental death and dismemberment
• Short-term and long-term Disability Insurance
• Parental Leave
• Employee Assistance Program (EAP)
• Traditional and Roth 401(k) with company match
• Flexible Spending Account (FSA)
• Employee Stock Purchase Plan at 5% discount
• Critical Illness Insurance
• Accident Insurance
• Transportation and Commuting Benefits
• Banking Benefits
• Pet Insurance

Compensation

The estimated annual salary range for this role is $71,000-$92,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills, and experience.