hm retail senior underwriter remote resume example with 6+ years of experience
JessicaClaire
Montgomery Street, San Francisco, CA94105609 Johnson Ave., 49204, Tulsa, OK
H: (555) 432-1000
C:
resumesample@example.com
Date of Birth:
India:
:
single:
:
Summary
Remarkable, results-focused senior underwriter effective at structuring, analyzing, underwriting, and providing sound decisions to moderate complex loan portfolio transactions. More than a decade of solid experience in the banking and finance industry with comprehensive knowledge of policies, procedures, products, credit analysis, risk management, auditing, and regulatory compliance. Skilled in producing high quality results and in providing departmental support to team members in fast-paced environments.
Highlights
Credit Analysis & Underwriting
Commercial Lending
Syndicated Loans
Auditing & Reporting
Financial Statement Review
Sound Credit Decision
Regulatory Compliance
Policies and Procedures
Metrics and Analytics
Risk Management
Excellent Communication & Interpersonal Skills
Work History
HM Retail Senior Underwriter (Remote), 03/2021 - 05/2022 Investors Bancorp, Inc. – Staten Island, NY,
Provided detailed analysis of financial statements, credit bureau assessment, income tax returns, industry review, financial statements, collateral valuation, current assets, cash flow analysis, and ability to repay debt service to determine overall lending risk.
Supported review and thoroughly documented acceptance or denial of financing after critically reviewing all information.
Extensive review of portfolio's with thorough understanding of credit risk policies, procedures, and practices.
Compared data against internal checklists and underwriting guidelines to maintain compliance with applicable regulations and company standards.
Lead review and handled escalations on complex loan applications.
Worked with several internal operational team members to communicate errors, answer questions, and provide direction on requirements for transactions.
Verified integrity of applicants' information internally and externally for completeness and accuracy throughout loan file 100% each time.
Identified portfolio risks resulting from client's underlying business practices, underwriting investigations or fraud exposure.
Mortgage Loan Underwriter (Remote), 12/2020 - 03/2021 Academy Mortgage Corporation – City, STATE,
Meticulously calculated and analyzed income which includes wage earners, personal tax returns, corporate business tax returns, financial statements, rental income, and all variable income type.
Reviewed complex credit profile and identified risks, compensating factors, characteristics, and benefit to borrower (etc.).
Analyzed customers loan to value ratios, debt to income ratios, credit report, capacity to repay, assets, source of down payment, and collateral details in order to exercise good judgement and properly identify additional conditions as needed.
Ensured that regulations, secondary market investor guidelines, establishment standards and overlays were all met.
Communicated decisions and stipulations proactively with sales, processing, closers, and management regularly to ensure completeness and productivity goals are met.
Used automated underwriting system and navigated through Encompass daily.
Commercial Credit Analyst (Hybrid), 01/2019 - 11/2020 Wells Fargo Bank, N.A. – City, STATE,
Determined appropriate course of action and conducted investigative steps to fully analyze risks for commercial loans including construction, complex loans, and commercial real estate agency loans.
Provided thorough and accurate evaluation of complex personal and business financial statements, tax returns, industry review, credit reports, collateral, title, and environmental reports to determine feasibility of granting financing.
Evaluated client's financial statements, calculated debt service ratios for real estate properties and businesses to determine operating trends and viability of business.
Research and investigate applicable industry and market data trends.
Supported Commercial Banking and Loan Syndication using Loan IQ. (Deals, Facilities, Loans, and Base Code Table Maintenance).
Completed loan presentations to be reviewed in making commercial loan finance decisions and built reports with Oracle and SQL Server.
Responsible for initial deal coordination, developing proper loan structures, and providing direct customer service as needed.
Developed appropriate loan covenants to provide advance warning of potential credit risk to mitigate losses.
Initiated appropriate course of action and conduct investigative steps to determine risks resulting from client's underlying business practices, investigations, or fraud exposure.
Monitored collateral and prepare payoff letters, releasing collateral; customer research and billing; obtained insurance information and monitor ongoing coverage.
Reviewed moderate to complex loan servicing documentation language, book and fund new loans and modifications, including reviewing of input
Worked collaboratively and consult with peers, colleagues, and managers to resolve loan issues.
Responsible for all internal communication of clients performance, trend analysis and risk identification.
Demonstrated excellent communication and presentation skills between internal and external partners.
Stayed abreast with compliance and upheld complete confidentiality of all submitted information according to establishment standards and guidelines.
Senior Loan Processor / Jr. Mortgage Underwriter, 08/2016 - 06/2018 Ditech Financial – City, STATE,
Trained, mentored, and provided subject matter expertise support to new hires regarding loan process and on Encompass origination system
Reviewed residential loan application (1003) to verify that application data is complete and meets federal, state, and establishment standards. This includes loan amount, borrower's assets, income, liabilities, length of employment, title report, credit report, appraisal report (etc.)
Ensured integrity of all data and process inputs. Ordered necessary documents and followed up with internal, external, or third party vendors to obtain to obtain item efficiently
Communicated effectively and worked with internal team members to identify potential solutions for denied or suspended loan files
Stayed abreast and in compliance with all Federal and State laws to ensure credit regulations are adhered to throughout establishment consumer process. (ex.. TRID, RESPA, TILA, ECOA as well as investor guidelines: FNMA, FHLMC, FHA, VA, USDA, and streamline products)
Provided phenomenal customer support and experience while maintaining friendly, positive and proactive attitude.
Post-Closer, 06/2015 - 08/2016 First Guaranty Mortgage Corporation – City, STATE,
Work with different investors such as JP Morgan Chase, Citi Bank, Flagstar , Sun Trust, Fifth Third, Stearns, Pacific Union, and Wells Fargo to purchase loans for servicing that have been originated internally
Analyzed closing disclosures, loan estimates, and complete legal packages for accuracy to address potential deficiencies in Encompass
Managed and performed audit risk assessments to ensure that final package was accurate, met departmental guidelines, compliance, and investors overlays.
Ship closed loan files to investors and notes to warehouse banks
Transferred MERS and mortgage insurance to appropriate investor for servicing.
Sent payments for FHA premiums as well as issuing trailing doc's refunds.
Took on additional job duties during unexpected backlog resulting in meeting project target date and increasing sales by 15%.
Education & Achievements
Bachelor of Science: Accounting And Finance, Expected in 2023 - Strayer University - Washington, DC GPA: Status -
Completed course work in Accounting, Economics, Business and Finance
Received NMLS Mortgage Origination License from the Nationwide Multi-state Licensing System & Registry
Awarded the "Impeccable Quality Award" in 2018 at Ditech Financial
Completed professional development in Leadership and Management
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