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Underwriting Assistant I

Cape Cod Five Cents SavingsLeominster, MA

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Overview

Schedule
Full-time
Career level
Senior-level
Remote
On-site
Benefits
Career Development

Job Description

Salary Grade: 12

SUMMARY:

The Underwriting Assistant I performs a variety of loan processing duties to ensure loans are compliant and meet the standards and documentation required for delivery into the Bank's portfolio or appropriate secondary market investors. The Underwriting Assistant I coordinates communication between the MLO, customer and Underwriter to ensure the mortgage application process meets all expectations while preparing the application to be underwritten.

ESSENTIAL JOB FUNCTIONS & RESPONSIBILITIES:

  • Coordinates the timely processing of residential mortgage loan applications and ensures critical deadlines are met
  • Orders automated income/asset verification and automated underwriting services
  • Analyses necessary disclosures for compliance and reviews support documentation via appropriate checklists
  • Orders mortgage services through third party vendors
  • Obtains missing documentation and completes the preliminary loan preparation for the Underwriter's review
  • Responds to internal and external customers or vendor inquiries, within scope of authority and expertise via telephone and electronic communication
  • Stays current on new developments within the residential lending field and attends relevant courses and seminars

QUALIFICATIONS:

EDUCATION & CERTIFICATIONS: (Minimum education required to perform the duties of this position)

  • Associates degree, or equivalent experience in an administrative or business related role.•

KNOWLEDGE, SKILLS & ABILITIES:

  • Strong time management and organizational skills
  • Ability to work in a team environment under deadline pressure
  • Ability to communicate in an effective and efficient manner both verbally and written
  • Proficiency with Microsoft Office Suite (Word, Excel, and PowerPoint) products is required
  • Tech savvy with ability to learn various web based systems

COMPETENCIES:

  • Must have cyber security awareness to protect the digital environment, the Bank, and customers.
  • Functional/Technical Skills
  • Learning on the Fly
  • Organizing
  • Problem Solving
  • Self-Development
  • Time Management
  • Approachability
  • Customer Focus
  • Ethics and Values
  • Humor
  • Integrity and Trust
  • Peer Relationships
  • Written Communications

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FAQs About Underwriting Assistant I Jobs at Cape Cod Five Cents Savings

What is the work location for this position at Cape Cod Five Cents Savings?
This job at Cape Cod Five Cents Savings is located in Leominster, MA, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Cape Cod Five Cents Savings?
Employer has not shared pay details for this role.
What employment applies to this position at Cape Cod Five Cents Savings?
Cape Cod Five Cents Savings lists this role as a Full-time position.
What experience level is required for this role at Cape Cod Five Cents Savings?
Cape Cod Five Cents Savings is looking for a candidate with "Senior-level" experience level.
What benefits are offered by Cape Cod Five Cents Savings for this role?
Cape Cod Five Cents Savings offers Career Development for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Cape Cod Five Cents Savings?
You can apply for this role at Cape Cod Five Cents Savings either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.