Job Description
Qualifications
Credit underwriting background with mortgage loans required
Responsibilities
Manage the mortgage underwriting department, bank risk and exposure as it relates to mortgage underwriting activities
Develop management reports to track department activities; manage resources and projects with other areas of the bank (operations/ IT) and oversee credit granting activities
Review credit decisions in accordance with bank guidelines
Track and report credit trends and performance
Pursue and implement strategy enhancements
A hybrid working situation
Effectively manage a team of underwriters in daily credit decisioning on loan applications
Direct and supervise the underwriting support activities, lead, and mortgage system upgrades and regular administration
Maintain policy documents, review, and update policies
Work with senior management to establish department objectives
Develop system for keeping track of underwriting and exception activities; coordinating them with other areas of the bank and oversee work for which subordinates are responsible
Communicate with staff, the standards, and expectations for performance
Monitor performance of department against plans and budget; work with supervisor to achieve plan and budget
Adhere to service delivery agreements (SLAs) and quality service performance; assist in the optimization of the loan origination system (LOS), and its ongoing maintenance and use, to enhance mortgage underwriting
Develop and carry out approaches to clients and prospects to promote the bank and its products and services
Work with Mortgage Operations/Sales teams to strengthen a mortgage team committed to quality, efficiency, and customer experience
Maintain credit quality in accordance with Bank guidelines
Coordinate the development of new products #LI-Hybrid
Job description
Job title: Mortgage Underwriting Manager
Company: Old National Bank
Job description: Overview
Old National Bank is honored to be named one of the World's Most Ethical Companies for the 11th consecutive year!
Old National Bank was established in 1834. Today, we are the largest financial services holding company with dual headquarters in Chicago and Evansville, IN. We provide an array of services to our clients which include Community Banking, Investments, and Wealth Management. At Old National, we believe that by helping our team members balance work life with home life, we create a more productive workforce and a stronger company.
POSITION SUMMARY:
Manage the mortgage underwriting department, bank risk and exposure as it relates to mortgage underwriting activities. Develop management reports to track department activities; manage resources and projects with other areas of the bank (operations/ IT) and oversee credit granting activities. Review credit decisions in accordance with bank guidelines. Track and report credit trends and performance. Pursue and implement strategy enhancements. A hybrid working situation.
REQUIRED EDUCATION, EXPERIENCE AND SKILLS:
• Bachelor's degree preferred or comparable experience
• Credit underwriting background with mortgage loans required. Small business underwriting preferred
• 4 years minimum of management experience absolutely required.
• Working knowledge of mortgage related regulations and compliance, as well as agency guidelines.
• Strong communication, collaboration, and people leadership skills
• Strong written documentation skills
• Excellent analytical skills and attention to details
• Strong problem-solving skills
• Position may require the need to travel to branches or meeting locations.
DUTIES/RESPONSIBILITIES:
• Effectively manage a team of underwriters in daily credit decisioning on loan applications
• Direct and supervise the underwriting support activities, lead, and mortgage system upgrades and regular administration.
• Knowledge of Encompass is a plus.
• Maintain policy documents, review, and update policies
• Work with senior management to establish department objectives
• Develop system for keeping track of underwriting and exception activities; coordinating them with other areas of the bank and oversee work for which subordinates are responsible
• Communicate with staff, the standards, and expectations for performance
• Monitor performance of department against plans and budget; work with supervisor to achieve plan and budget
• Adhere to service delivery agreements (SLAs) and quality service performance; assist in the optimization of the loan origination system (LOS), and its ongoing maintenance and use, to enhance mortgage underwriting
• Develop and carry out approaches to clients and prospects to promote the bank and its products and services
• Work with Mortgage Operations/Sales teams to strengthen a mortgage team committed to quality, efficiency, and customer experience.
• Maintain credit quality in accordance with Bank guidelines
• Coordinate the development of new products #LI-Hybrid
Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.
As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, ****** orientation, gender identity or any other characteristic protected by law.
We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Head of Talent Acquisition, SVP, to fill a specific position
Expected salary:
Location: Westmont, IL
Apply for the job now!
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Credit underwriting background with mortgage loans required
Responsibilities
Manage the mortgage underwriting department, bank risk and exposure as it relates to mortgage underwriting activities
Develop management reports to track department activities; manage resources and projects with other areas of the bank (operations/ IT) and oversee credit granting activities
Review credit decisions in accordance with bank guidelines
Track and report credit trends and performance
Pursue and implement strategy enhancements
A hybrid working situation
Effectively manage a team of underwriters in daily credit decisioning on loan applications
Direct and supervise the underwriting support activities, lead, and mortgage system upgrades and regular administration
Maintain policy documents, review, and update policies
Work with senior management to establish department objectives
Develop system for keeping track of underwriting and exception activities; coordinating them with other areas of the bank and oversee work for which subordinates are responsible
Communicate with staff, the standards, and expectations for performance
Monitor performance of department against plans and budget; work with supervisor to achieve plan and budget
Adhere to service delivery agreements (SLAs) and quality service performance; assist in the optimization of the loan origination system (LOS), and its ongoing maintenance and use, to enhance mortgage underwriting
Develop and carry out approaches to clients and prospects to promote the bank and its products and services
Work with Mortgage Operations/Sales teams to strengthen a mortgage team committed to quality, efficiency, and customer experience
Maintain credit quality in accordance with Bank guidelines
Coordinate the development of new products #LI-Hybrid
Job description
Job title: Mortgage Underwriting Manager
Company: Old National Bank
Job description: Overview
Old National Bank is honored to be named one of the World's Most Ethical Companies for the 11th consecutive year!
Old National Bank was established in 1834. Today, we are the largest financial services holding company with dual headquarters in Chicago and Evansville, IN. We provide an array of services to our clients which include Community Banking, Investments, and Wealth Management. At Old National, we believe that by helping our team members balance work life with home life, we create a more productive workforce and a stronger company.
POSITION SUMMARY:
Manage the mortgage underwriting department, bank risk and exposure as it relates to mortgage underwriting activities. Develop management reports to track department activities; manage resources and projects with other areas of the bank (operations/ IT) and oversee credit granting activities. Review credit decisions in accordance with bank guidelines. Track and report credit trends and performance. Pursue and implement strategy enhancements. A hybrid working situation.
REQUIRED EDUCATION, EXPERIENCE AND SKILLS:
• Bachelor's degree preferred or comparable experience
• Credit underwriting background with mortgage loans required. Small business underwriting preferred
• 4 years minimum of management experience absolutely required.
• Working knowledge of mortgage related regulations and compliance, as well as agency guidelines.
• Strong communication, collaboration, and people leadership skills
• Strong written documentation skills
• Excellent analytical skills and attention to details
• Strong problem-solving skills
• Position may require the need to travel to branches or meeting locations.
DUTIES/RESPONSIBILITIES:
• Effectively manage a team of underwriters in daily credit decisioning on loan applications
• Direct and supervise the underwriting support activities, lead, and mortgage system upgrades and regular administration.
• Knowledge of Encompass is a plus.
• Maintain policy documents, review, and update policies
• Work with senior management to establish department objectives
• Develop system for keeping track of underwriting and exception activities; coordinating them with other areas of the bank and oversee work for which subordinates are responsible
• Communicate with staff, the standards, and expectations for performance
• Monitor performance of department against plans and budget; work with supervisor to achieve plan and budget
• Adhere to service delivery agreements (SLAs) and quality service performance; assist in the optimization of the loan origination system (LOS), and its ongoing maintenance and use, to enhance mortgage underwriting
• Develop and carry out approaches to clients and prospects to promote the bank and its products and services
• Work with Mortgage Operations/Sales teams to strengthen a mortgage team committed to quality, efficiency, and customer experience.
• Maintain credit quality in accordance with Bank guidelines
• Coordinate the development of new products #LI-Hybrid
Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.
As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, ****** orientation, gender identity or any other characteristic protected by law.
We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Head of Talent Acquisition, SVP, to fill a specific position
Expected salary:
Location: Westmont, IL
Apply for the job now!
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💡 Quick Summary
Seeking a career-building opportunity? The Old National Bank – Mortgage Underwriting Manager – Westmont, IL position is now open for candidates interested in the Bank Jobs sector. This role in Westmont offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.