M&T Jobs – Senior Underwriter

Job Description:

Underwrite conventional (conforming and non-conforming) FHA, VA residential mortgage loans per product and investor guidelines through AUS and/or manual underwriting. Responsible for underwriting mortgage loans, including government loans to determine acceptability with M&T Bank and secondary market standards set by the investor to ensure saleability and sound credit quality while adhering to the requirements of Federal registration under the SAFE Act.

Job Responsibilities:

• Keep informed of current practices in loan underwriting.
• Take initiative to keep current on changes in investor and M&T guidelines.
• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• Assist management to clear conditions and expedited loan closings.
• Ensures loans are in compliance with investor requirements, federal and state laws and regulations.
• Performs risk assessment of credit and collateral ensuring loan saleability and sound credit quality.
• Promote an environment that supports diversity and reflects the M&T Bank brand.
• Responds to and resolved any post-closing issues to ensure loan saleability.

Job Requirements:

• Knowledge of applicable industry tools to ensure saleability.
• Strong verbal and written communication skills with ability to interact with all levels.
• Full knowledge of credit riskUnderstanding of appraisals.
• Thorough knowledge of conforming and non-conforming guidelines.
• Thorough knowledge of DU/LP valuations (automated underwriting).

Job Details:

Company: M&T Bank

Vacancy Type: Full Time

Job Location: Ballston Lake, NY, US

Application Deadline: N/A

Apply Here

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