[Remote] Mortgage Underwriter III

Note: The job is a remote job and is open to candidates in USA. Fifth Third Bank is dedicated to connecting great people to great opportunities in the banking sector. They are seeking a Mortgage Underwriter III who will perform a wide range of underwriting duties for residential mortgage loans, lead an underwriting team, and ensure compliance with credit guidelines while maintaining high levels of customer service.

Responsibilities

• Utilize all systems in place, including automated underwriting to underwrite files in a timely manner
• Underwrite conventional, portfolio loans, and FHA/VA loans
• Underwrite simultaneous second lien/home equity loans in appropriate origination system, within approved RCC lending authority
• Manage expected service levels related to decision and condition clearing
• Update information on loan origination systems to verify, add, and satisfy conditions
• Contact Loan Originators with the decision on the loan immediately after underwriting the file
• Monitor quality levels to ensure adherence to standards
• Ensure team is providing a high level of customer service to internal and external customers
• Determine success rate of meeting certain benchmarks, and update required team performance reports
• Retrieve, review, distribute, and discuss reports related to the underwriting team
• Monitor compliance issues, including that all team members attend required meetings and that all staff are in compliance with state and federal regulations
• Provide feedback to other staff and loan officers
• Demonstrate leadership skills as a team player by providing superior customer service, being flexible and approachable
• Responsible for the accuracy of HMDA decision data entry
• Serve as an intermediary for loan issues with the Regional Sales Managers
• Actively participate in ongoing efforts to continually improve customer service for internal and external customers
• Perform personnel tasks for the team such as time sheets, coaching, and identifying training needs
• Assist in training new hires
• Maintain knowledge of Fifth Third Mortgage Company policies and procedures in addition to private investors, government investors and portfolio Credit Policy and Guidelines
• Consumer lending credit authority is commensurate with consumer lending authority guidelines and business need

Skills

• Must have five (5) years experience in Underwriting
• In-depth knowledge of conventional, government and portfolio lending guidelines FHA DE, VA LAPP preferred
• Must have demonstrated ability to analyze complex loan requests including cash flow analysis of business and personal tax return
• Knowledge of the complete mortgage lending process
• Knowledge of financial analysis techniques
• High degree of attention to detail
• Demonstrated organizational skills
• Demonstrated leadership skills
• Strong written and verbal communications skills
• Demonstrated teamwork and customer service skills
• Strong PC skills (MS Office) required, must have experience with Mortgage origination systems, platforms tools and technology
• Ability to analyze policies, procedures and guidelines in a way that maximizes productivity but protects the level of risk desired
• Ability to make decisions in a time sensitive manner
• Previous management experience preferred

Benefits

• Comprehensive benefits
• Incentive compensation plan

Company Overview

• Fifth Third Bancorp is a financial services company that specializes in small business, retail banking, and investments. It is a sub-organization of Fifth Third Bank. It was founded in 1858, and is headquartered in Cincinnati, Ohio, USA, with a workforce of 10001+ employees. Its website is http://53.com.

Company H1B Sponsorship

• Fifth Third Bank has a track record of offering H1B sponsorships, with 2 in 2021, 43 in 2020. Please note that this does not guarantee sponsorship for this specific role.

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