Underwriter

$70,000 - $90,000/Yr

Unclassified - Farmington, CT

posted 4 months ago

Full-time - Entry Level
Farmington, CT

About the position

We are seeking a detail-oriented Underwriter to join our team. The ideal candidate will have a strong background in financial concepts, risk analysis, and underwriting practices. This role requires a keen eye for detail and the ability to analyze complex financial data. As an Underwriter, you will be responsible for evaluating and analyzing loan applications for risk assessment, ensuring that all decisions are made in compliance with company policies and regulatory requirements. You will assess financial documents and credit history to determine loan eligibility, and conduct quantitative research to support underwriting decisions. Collaboration is key in this role, as you will work closely with loan officers, borrowers, and other stakeholders to gather necessary information and ensure a smooth underwriting process. Additionally, you will review mortgage servicing practices and recommend improvements to enhance efficiency and compliance.

Responsibilities

  • Evaluate and analyze loan applications for risk assessment
  • Assess financial documents and credit history to determine loan eligibility
  • Conduct quantitative research to support underwriting decisions
  • Collaborate with loan officers, borrowers, and other stakeholders to gather necessary information
  • Ensure compliance with company policies and regulatory requirements
  • Review mortgage servicing practices and recommend improvements

Requirements

  • Proficiency in financial concepts and technical accounting principles
  • Strong understanding of tax, bank, and mortgage industry regulations
  • Ability to perform risk analysis and make sound underwriting decisions
  • Experience in financial services or related field is preferred
  • Excellent communication skills and attention to detail
  • Demonstrated financial acumen and analytical skills

Benefits

  • 401(k)
  • Dental insurance
  • Employee assistance program
  • Health insurance
  • Life insurance
  • Paid time off
  • Tuition reimbursement
  • Vision insurance
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service