Mortgage Underwriter II
Posted on: 25 Feb 2021
Boston, MA
Job Description
The incumbent is responsible for underwriting mortgage credits. These loans are generally ranging in the amount from $500,000 to $5 million. Because of the target client profile, many borrowers have complex financial situations. The Mortgage Underwriter II may analyze both the personal and corporate cash flow and financial condition in order to approve a mortgage loan in accordance with credit guidelines. He/She is responsible for ensuring an accurate and thorough analysis of the credit risk and proper documentation according to Risk Policy. He/She must manage the pipeline by interfacing with 20-25 sales personnel as well as clients or their intermediaries to ensure the timely approval of all loans and that all loan conditions are met prior to closing.
Qualifications
Bachelors and/or MBA preferred. 3-5 years credit/lending experience; excellent credit skills.
BNY Mellon
New York, New York
The Bank of New York Mellon Corporation provides a range of financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. The company operates through two segments, Investment Management and Investment Services. It offers investment management, custody, foreign exchange, fund broker-dealer, collateral and liquidity, clearing, corporate trust, global payment, trade finance, and cash management services, as well as securities finance and depositary receipts. The company also provides mutual funds, separate accounts, and wealth management and private banking services; and trust and registered investment advisory services. In addition, it engages in leasing, corporate treasury, derivative and other trading, corporate and bank-owned life insurance, renewable energy investment, and business exit activities. The Bank of New York Mellon Corporation was founded in 1784 and is headquartered in New York, New York.
-
IndustryBanking/Financial Services
-
No. of Employees49,800
-
Website
-
Jobs Posted1742
