mortgage underwriter

Summit Federal Credit Union

<div><p><b>Status: Full-Time/Non-Exempt</b></p><p><b>
Reports to: </b>Director, Real Estate Lending</p><p><b>
Location: </b>Rochester, Corporate Office</p><p><b>
Compensation: </b>$32.00-$35.00 per hour</p><p><b>
Schedule: </b>Monday-Friday, 8:30AM-5pm</p><p><b>
Hours: </b>37.5 hours per week</p><div><b><br>
Position Overview</b><br>
<br>
The <b>Mortgage Underwriter</b> is responsible for rendering credit decisions on mortgage and home equity loans in accordance with credit union policies and procedures and with secondary market guidelines. The Mortgage Underwriter also interacts with vendors, attorneys, members and realtors to ensure a quick and efficient approval and closing process.<br>
<br>
<b>Essential Functions</b><br>
<ul><li>Underwrite mortgages and home equity loans in accordance with applicable policies and procedures; issue commitments for such loans and clear loans for closing.</li></ul><br>
<ul><li>Cross sell credit union products, including non-real estate products. Participation in employee incentive program is required. Must meet or exceed sales goals established by management.</li></ul><br>
<ul><li>Monitor the status of mortgages and home equities in process. Follow-up with members, member's attorneys, appraisers, etc. in an effort to expedite the processing of applications.</li></ul><br>
<ul><li>Evaluate loan applications to determine eligibility, acceptability, and compliance with federal and state regulations, secondary market guideline and credit union requirements.</li></ul><br>
<ul><li>Examine property appraisals for compliance with federal and state regulations, secondary market guidelines and credit union requirements.</li></ul><br>
<ul><li>Superior analytical, organizational and problem solving skills.</li></ul><br>
<ul><li>Ability to work independently, analyze data, take and recommend appropriate actions with minimal supervision.</li></ul><br>
<ul><li>Coordinate with credit union real estate attorneys, PMI companies, investors and other vendors, when necessary, to facilitate mortgage approvals and closing.</li></ul><br>
<ul><li>Approve modification requests, subordination agreements, PMI removal requests and release of liability agreements when requested by members.</li></ul><br>
<ul><li>Prepare home equity commitments and home equity loans for closing.</li></ul><br>
<ul><li>Support mortgage department staff with member walk-in's and telephone contact.</li></ul><br>
<ul><li>Assist management with other various duties, as assigned.</li></ul><br>
<b>
Other Responsibilities</b><br>
<ul><li>Participate in special assignments and projects as requested by the manager.</li></ul><br>
<ul><li><i>Note: The above information on this job has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.</i></li></ul><br>
<b>
Qualifications</b><br>
<b>Knowledge &amp; Experience</b>: Applicants must possess the following qualifications or an equivalent combination of education and experience:<br>
<ul><li>Education: Associates degree or equivalent combination of education and experience.</li><li>Experience:</li></ul>
o A minimum of 5 years&rsquo; experience at a senior level in mortgage processing, underwriting and closing of mortgage loans.<br>
o A minimum of 5 years&rsquo; experience underwriting mortgage loans for secondary market investors.<br>
<br>
<b><i> Skills</i></b><br>
<ul><li>Ability to effectively communicate and interact with internal and external contacts including members, processors, loan originators, managers, staff, realtors, vendors and other clients.</li></ul><br>
<b><i>
Other Skills</i></b><br>
<ul><li>Ability to work with basic mathematical concepts such as percentages, ratios and fractions.</li><li>Ability to analyze complex data and determine.</li><li>Ability to define problems, collect data and draw conclusions.</li><li>Demonstrated ability to handle large volumes of work effectively and to work within prescribed deadlines.</li><li>Must be a licensed New York State notary public or be willing to take the necessary steps to obtain the notary public license within six months of hire.</li><li>Assist Training Department or other staff with mortgage or home equity education.</li><li>Government underwriting experience preferred.</li></ul><br>
<b>
Working Environment</b><br>
<ul><li>Must be able to sit or stand for extended periods of time in an office.</li><li>Must be available to work overtime when warranted.</li></ul><br>
<b>
Licensure Requirements</b><br>
<ul><li>In compliance with the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act) and the statute&rsquo;s regulations, applicants must be eligible to register as a Mortgage Loan Originator (MLO). Candidates being considered will be subject to a credit check and fingerprinting.</li></ul><br>
<b>
Employment Expectation</b><br>
Perform all responsibilities in a manner that serves The Summit&rsquo;s Mission &ldquo;We&rsquo;re here to improve our members&rsquo; lives&rdquo; and upholds the credit union&rsquo;s values of Respect, High Standards, Inspire, Integrity, and Care.<br>
<br>
<b>Safe Work Performance Expectations</b><br>
We expect our employees to follow all objectives for safe work performance and be responsible for their own actions and conduct. Our workers also play a significant role in the success or failure of our program.<br>
<br>
<b><i>EQUAL OPPORTUNITY EMPLOYER:</i></b><i> The Summit Federal Credit Union is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, protected veteran status, or status as a qualified individual with disability.</i></div></div>

Mortgage Underwriter

Longbridge Financial

<div><b>Company Description</b><p></p><p><br>
At Longbridge, we love seniors and we&rsquo;re passionate about helping them unlock the power of one of their greatest assets&mdash;their home equity.</p><p>
As a leading provider of home equity solutions for seniors, we&rsquo;re committed to helping older homeowners make the most of what they&rsquo;ve worked hard to build, so they can live the retirement they imagined.</p><p>
And we don&rsquo;t just do it well, we do it <i>really</i> well. With an &ldquo;Excellent&rdquo; rating on Trustpilot and over a thousand customer testimonials, we&rsquo;ve earned a reputation for making it easy and stress-free to access home equity&mdash;with guidance every step of the way.</p><p>
But it&rsquo;s not just our customers who love us&mdash;our team does, too! We&rsquo;ve been named a Great Place to Work&reg; three years in a row because we believe that when people enjoy what they do and where they do it, <i>everyone</i> wins.</p><p><b>
Why Longbridge?</b></p><p>
At Longbridge, we don&rsquo;t just offer jobs, we offer careers that grow with you. Here&rsquo;s why you&rsquo;ll love being part of our team:</p><ul><li><b>
Grow With Us</b> &ndash; We&rsquo;re big believers in investing in our people. From top-notch training to clear career paths, we support your professional growth every step of the way. Plus, we love promoting from within&mdash;because when you succeed, we all do.</li><li><b>
A Culture That Clicks</b> &ndash; We work hard, but we have fun doing it! Whether it&rsquo;s team-building events, friendly competitions, or just an atmosphere of open communication and collaboration, we make sure work feels less like &ldquo;just work.&rdquo;</li><li><b>
Benefits That Have Your Back</b> &ndash; We&rsquo;ve got you covered with best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match. Because taking care of our team is just as important as taking care of our customers.</li></ul><p>
If you&rsquo;re looking for a place where your work truly makes a difference, we&rsquo;d love to have you on board. Apply today and let&rsquo;s do great things together!</p><p></p><b><br>
Job Description</b><p><br>
The Underwriter position underwrites residential loans ensuring compliance with appropriate company, secondary market Investor standards, and all applicable laws. Examines loan documentation for accuracy and completeness. Partners with Loan Originators, Branch Managers and Processors to secure all required documents.</p><p>
Primary Job Duties:</p><ul><li>
Responsible for underwriting files and establishing conditions to meet FHA and LBF guidelines.</li><li>
Ability to make timely, accurate decisions on all FHA transactions</li><li>
Evaluate risk and ensure quality of each loan decision</li><li>
Communicate requirements and/or decisions clearly</li><li>
Responsible for reviewing all areas of the mortgage loan file to ensure accuracy, completeness, and compliance with internal and regulatory guidelines, including but not limited to Application, Title, Appraisal, Assets, Credit, Condominium information, and income.</li><li>
Responsible for clear and concise communication to appropriate parties including but not limited to the processing department on items needed to prepare a loan for closing.</li><li>
Partner with processing to close loans in a timely in efficient manner</li><li>
Adhere to service level agreements and prioritize workflow</li><li>
Maintain quality control standards while maintaining production standards by company's definition</li><li>
Assist in identifying, recommending, and/or negotiating alternative loan documentation requirements</li></ul><p></p><b><br>
Qualifications</b><br>
<p></p><ul><li>
Three or more years of current active experience underwriting Reverse Mortgages (Retail and/or Wholesale)</li><li>
HECM for Purchase experience is a plus</li><li>
Must have a valid active CHUMS Number</li><li>
Strong credit, risk analysis, and analytical skills</li><li>
Working knowledge of federal and state regulations and requirements with emphasis on MDA, TILA, HUD and RESPA reform.</li><li>
Understands the loan flow process including file structure, and documentation requirements.</li><li>
Strong verbal and written communication skills</li><li>
Attention to detail, with strong organizational and interpersonal skills.</li><li>
Ability to work well with a wide range of people, work under pressure with a focus on deadlines, and adapt to changing situations daily</li><li>
Ability to use creative thinking to find solutions to problems</li><li>
Ability to meet and exceed service level agreements</li><li>
Competent risk-assessment skills</li><li>
Ability to multi-task</li><li>
Excellent time-management skills</li><li>
Ability to work independently with minimal supervision in a team environment</li><li>
Familiar with HUD underwriting guidelines and documentation, mortgage legal documentation, 3rd party risk assessment products and Federal/ State/Local compliance regulations</li><li>
Proprietary Reverse Mortgage underwriting experience is a plus</li></ul><p></p><b><br>
Additional Information</b><br>
<ul><li>
Working in a growing and dynamic industry</li><li>
Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts</li><li>
401(k) with company match</li><li>
Paid time off</li><li>
This is a non exempt</li><li>
Target base salary range is 95-105K which is based on various factors including skills and work experience.</li><li>
In addition to base salary, this role is eligible for a competitive additional compensation program via monthly production bonus that is based on individual performance.</li><li>
LBF is an EEO/AA/Vet/Disabled Employer</li><li>
Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.</li></ul><p></p><p><br>
Important Note: When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.). To learn more about our privacy practices, please review our company Privacy Notice.</p></div><p></p>

Reverse Mortgage Underwriter - Remote

Paramount Residential Mortgage Group

<div>Overview:
<div>
We are always searching for talented Underwriters to join our team. One of the biggest benefits about Underwriting with PRMG is that we encourage remote Underwriting, and you can work for us from anywhere in the nation. We are proud to say PRMG has one of the most aggressive bonus structures for Underwriters in the industry. Our Bonus structure has allowed some of our underwriters to double their base salary per year. Lastly, we are big on Work Life Balance and Teamwork here, our Underwriters work on a pod system that creates a positive work environment that allows Underwriters the perfect conditions for success and growth.</div><div></div><div><br>
PRMG offers a comprehensive benefits package for our full-time employees and their dependents, which includes medical, dental, vision, life insurance, short-term disability, long-term disability, a Health Savings Account (HSA), a Flexible Spending Account (FSA), and various other products, based on benefits eligibility, elections, and employee premiums. Upon hire, you will be eligible to enroll in all our company-sponsored benefit programs (Medical, Dental, Life, and Voluntary) on the first of the following month. After completing 60 days, you will be eligible to enroll in our 401(k) program on the first of the following month. Additionally, eligible employees may apply for job openings through PRMG&rsquo;s Internal and External Job Portal to request a transfer to a different department or position.</div>
Responsibilities:
<div>
Mortgage Underwriter Responsiblities</div><ul><li>
Underwriter completes a thorough analysis of loan files to determine compliance with company, investor, and FHA/VA guidelines.
</li><li>Underwrites the entire credit package and collateral for residential mortgage loans and ultimately ensures an &ldquo;investment&rdquo; quality loan product.
</li><li>Checks accuracy of all calculations and data integrity. Completion of all required underwriting worksheets found in Fast Trac 360 Resource Center.
</li><li>Assists with the training of new underwriters. - Recommends the loan disposition to underwriting manager for loan amounts in excess of authority limitation.
</li><li>Maintains company standard for Underwriter productivity level, and complies with company policy of 48 hour underwriting turnaround time and 24 hour turnaround time for clearing conditions.
</li><li>Strives to meet 3 Underwriting decisions/day within allotted time - Communicates decision on loans to appropriate parties both verbally and in writing.
</li><li>Maintains underwriting activity logs and provides monthly underwriting report to underwriting manager.
</li><li>Available to processors and correspondents for general Underwriter guideline interpretations and questions on specific loan files.
</li><li>Responds to post closing reviews and audits in a timely fashion.
</li><li>Performs related duties, as directed by Underwriter or Operations Manager.</li></ul>
Qualifications:
<div>
Mortgage Underwriter Qualifications</div><ul><li>
Minimum three years of mortgage underwriting experience, with solid working knowledge of underwriting guidelines.
</li><li>Experience Underwriting private investor and private mortgage insurance guidelines.
</li><li>Strong interpersonal-communication and business-relationship skills.
</li><li>Detail oriented with strong organizational and follow-through skills.
</li><li>Excellent analytical, written communication and verbal communication skills.
</li><li>Technologically proficient.
</li><li>Bachelor&rsquo;s degree in related field or equivalent professional experience.</li></ul><div></div><div><br>
At PRMG, we not only celebrate and support differences, we thrive on it for the benefit of our employees, our products, and our community. We are proud to be a workplace that provides equal employment opportunities to all employees and applicants and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, marital status, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.</div>
Min: USD $95,000.00/Yr. Max: USD $105,000.00/Yr.</div>

Remote Mortgage DE/VA Underwriter

American Pacific Mortgage

<div></div><div><div><h1 class="jobSectionHeader"><b>JOB DESCRIPTION</b></h1><div></div><div><b><br>
Job Title: </b>Underwriter</div><div><b>
Department: </b>Operations</div><div><b>
Reports to: </b>Underwriting Manager</div><div><b>
FLSA Status: </b>Non-Exempt</div><div><b>
Prepared By</b>: Human Resources</div><div><b>
Prepared Date</b>: September 16, 2024</div><div><b>
Management</b></div><div><b>
Approval: </b>Underwriting Manager</div><div></div><div><b><br>
Summary: </b>The Underwriter is responsible for providing efficient, timely, consistent, accurate quality loan decisions on a daily basis and underwrite loans that adhere to APM Underwriting Policy and Procedures as well as adhere to the investor guidelines, policies and procedures. Additionally, they are responsible for answering questions and assisting with problem solving with other underwriting staff.</div><h1 class="jobSectionHeader"><b>
Essential Duties &amp; Responsibilities:</b></h1><h1 class="jobSectionHeader"><b>
</b></h1><ul><li>
Respond to both internal and external QC audit findings in a timely and proficient manner.</li><li>
Underwrite a minimum of 2 loans per day and complete outstanding conditions in a timely manner.</li><li>
Review files for accuracy and completeness according to the Underwriter Checklist, APMC guidelines and investor/agency guidelines.</li><li>
Run files through Quality Control tools.</li><li>
Communicate effectively with processors and loan officers on status of loan files and conditions.</li><li>
All other related duties assigned</li></ul><div><b><br>
Supervisory</b></div><div><b>
Responsibilities:</b> None</div><div></div><div><b><br>
Qualifications: </b>To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.</div><div></div><div><b><br>
Competencies: </b>To perform the job successfully, an individual should demonstrate the following competencies:</div><div></div><div><b><br>
Problem Solving </b>&ndash;Analytical, evaluative, and problem-solving. Identifies and resolve problems promptly; gathers and analyzes information skillfully; develops alternative solutions; works well in group problem solving situations; uses reason even when dealing with emotional topics.</div><div></div><div><b><br>
Detail Oriented &ndash; </b>Keen attention to detail</div><div></div><div><b><br>
Interpersonal Skills </b>&ndash;Ability to set and manage priorities judiciously Maintains confidentiality; keeps emotions under control.</div><div></div><div><b><br>
Oral Communication </b>&ndash; Ability to present ideas in business-friendly and user-friendly language. Speaks clearly and persuasively in positive or negative situations; listens and gets clarification; responds well to questions; participates in meetings.</div><p></p><div><b><br>
Written Communication </b>&ndash; Writes clearly and informatively; edits work for spelling and grammar; presents numerical data effectively; able to read and interpret written information.</div><div></div><div><b><br>
Teamwork </b>&ndash; Ability to work in a team-oriented, collaborative environment. Contributes to building a positive team spirit.</div><div></div><div><b><br>
Attendance/Punctuality </b>&ndash; Is consistently at work and on time, ensures work responsibilities are covered when absent.</div><div></div><div><b><br>
Dependability </b>&ndash; Follows instructions, responds to management direction; takes responsibility for own actions; keeps commitments; commits to long hours of work when necessary to reach goals; complete tasks on time or notifies appropriate person with an alternate plan.</div><div></div><div><b><br>
Initiative </b>&ndash; Exceptionally self-motivated and directed. Volunteers readily; undertakes self-development activities; seeks increased responsibilities.</div><div></div><div><b><br>
Innovation </b>&ndash; Displays original thinking and creativity; generates suggestions for improving work.</div><p></p><h1 class="jobSectionHeader"><b><br>
Education &amp;</b></h1><h1 class="jobSectionHeader"><b>
Experience:
</b></h1><ul><li><h1 class="jobSectionHeader"><b>Proven Experience with Encompass Required</b></h1></li><li><h1 class="jobSectionHeader"><b>
At least three (3) years underwriting experience.</b></h1></li><li>
Authority to underwrite CONV and when designated authority is authorized, USDA and/or Jumbo products to APMC or investor guidelines</li><li><h1 class="jobSectionHeader"><b>
General experience and understanding of the following products:</b></h1><ul><li><h1 class="jobSectionHeader"><b>
Mortgage Builder</b></h1></li><li><h1 class="jobSectionHeader"><b>
Microsoft Word and Excel</b></h1></li><li><h1 class="jobSectionHeader"><b>
Outlook</b></h1></li><li><h1 class="jobSectionHeader"><b>
Internet navigation</b></h1></li></ul></li></ul><div><b>
Skills</b>:</div><div><b>
Language Skills</b>: Ability to read and interpret documents and writes routine correspondence. Ability to speak effectively with customers/vendors or other employees.</div><div></div><div><b><br>
Mathematical Skills</b>: Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent.</div><div></div><div><b><br>
Reasoning Ability</b>: Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situation.</div><div></div><div><b><br>
Computer Skills</b>: Sound working knowledge of computer and office software operations and systems. Encompass required.</div><div></div><div><b><br>
Physical Demands</b>: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.</div><div></div><div><br>
While performing the duties of this job, the employee is regularly required to sit, use hands to finger, handle, or feel and talk or hear. The employee is occasionally required to walk and stoop.</div><div></div><div><b><br>
Work Environment</b>: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.</div><div></div><div><br>
The noise level and temperature in the work environment is usually moderate.</div></div></div><div></div>

UNDERWRITER

HBW TItle Group

<p><b>Job Overview</b><br/>We are seeking a detail-oriented and highly analytical Commercial and Residential Title Examiner/Underwriter to join our dynamic team. In this pivotal role, you will be responsible for thoroughly examining property titles, conducting comprehensive risk assessments, and underwriting both commercial and residential real estate transactions. Your expertise will ensure the accuracy of title reports, mitigate potential risks, and facilitate smooth property transfers. This position offers an exciting opportunity to apply your financial acumen, negotiation skills, and knowledge of real estate processes in a fast-paced environment dedicated to excellence and integrity.</p><p><b>Responsibilities</b></p><ul><li>Conduct meticulous title searches for commercial and residential properties, collecting relevant data from public records, legal documents, and other sources to verify ownership and identify encumbrances.</li><li>Analyze title reports to assess potential risks related to liens, easements, or other claims that could impact property transfer or financing.</li><li>Underwrite real estate transactions by evaluating financial documents, appraisals, and legal information to determine insurability and compliance with company policies.</li><li>Collaborate with attorneys, lenders, agents, and clients to clarify title issues, negotiate resolutions, and facilitate efficient transaction closures.</li><li>Prepare detailed title reports and underwriting decisions while maintaining accuracy in documentation for audit purposes.</li><li>Apply risk analysis techniques using financial concepts such as cash flow analysis, credit analysis, and financial modeling to evaluate property value and borrower credibility.</li><li>Stay current on industry regulations, legal requirements, and market trends related to mortgage servicing, loan processing, and real estate finance to ensure compliance and best practices.</li></ul><p><b>Experience</b></p><ul><li>Proven experience in title examination or underwriting within the real estate or financial services industry.</li><li>Strong understanding of mortgage servicing processes, loan origination procedures, and banking operations.</li><li>Demonstrated proficiency in financial analysis tools including financial software for data collection, forecasting models, and quantitative research methods.</li><li>Knowledge of technical accounting principles relevant to real estate transactions and fraud prevention techniques.</li><li>Excellent negotiation skills combined with the ability to interpret complex legal documents and financial data accurately.</li><li>Familiarity with tax regulations affecting property valuation and ownership structures is a plus.</li><li>Ability to perform quantitative analysis with precision while maintaining a high level of attention to detail in fast-paced environments. Join us if you are passionate about ensuring the integrity of property transactions through expert underwriting and meticulous title examination! Your skills will help protect our clients&rsquo; investments while advancing your career in a vibrant industry committed to excellence.</li></ul><p>Pay: $60,000.00 - $88,370.61 per year</p><p>Benefits:</p><ul><li>401(k)</li><li>Dental insurance</li><li>Health insurance</li><li>Life insurance</li><li>Paid time off</li><li>Professional development assistance</li><li>Vision insurance</li></ul><p>Education:</p><ul><li>High school or equivalent (Preferred)</li></ul><p>Experience:</p><ul><li>Title exam and underwriting : 5 years (Preferred)</li></ul><p>Work Location: Hybrid remote in Oak Brook, IL</p>

Commercial and Residential Title Examiner/Underwriter

<div><div><b>International Sr. Underwriter, Northeast</b></div><div></div><div><b><br>
Position Overview</b></div><div></div><div><br>
Sr. Underwriter is responsible for underwriting foreign casualty and property accounts. She/he/they works with brokers to develop new business opportunities, then develops marketable rates and coverages based on the account needs and market conditions. This position is responsible for an underwriting territory covering assigned region/ zone and requires the availability to travel to or within the region/ zone for marketing and underwriting meetings.</div><div>
This position is a remote position, and the ideal candidate will be situated in the Northeast or Southeast region.</div><div></div><div><br>
Please Note to be considered for this position, you must be currently located in the Northeast United States, ideal candidate is in NJ/NY. This role is open to remote work. If your location is commutable distance to N2G headquarters in Jersey City, NJ you will be considered a hybrid employee.</div><div></div><div><b><br>
This Position Is Responsible For</b></div><div></div><ul><li><br>
 Profitably producing and underwriting insurance business within the level of authority.</li></ul><div></div><ul><li><br>
 Negotiating pricing and conditions with brokers, in line with underwriting guidelines</li></ul><div></div><ul><li><br>
 Liaising with brokers, clients, and carriers as needed and providing superior customer service to brokers and clients</li></ul><div></div><ul><li><br>
 Assisting others in their function by providing information, backup and other support as required by the nature of the business</li></ul><div></div><ul><li><br>
 Acting as the primary contact for medium / large size clients</li></ul><div></div><ul><li><br>
 Participating in the definition of business strategies and budget forecasts by providing information on underwriting trends / results as needed</li></ul><div></div><ul><li><br>
 Ensuring that underwriting data is accurate, complete and entered into the core management system promptly.</li></ul><div></div><ul><li><br>
 Complying with all applicable policies and procedures relevant to data entry and to the underwriting function.</li></ul><div></div><ul><li><br>
 Attending meetings with brokers and clients and taking an active role in putting forward new ideas to meet needs</li></ul><div></div><div><b><br>
Experience And Skill Requirements</b></div><div></div><ul><li><br>
 Bachelor&rsquo;s degree, or on the job experience</li></ul><div><br>
</div><ul><li> Preferred majors: risk management and insurance, economics, business, finance, accounting, mathematics</li></ul><div></div><ul><li><br>
 A minimum of 2 to 5 years' experience underwriting at a Property and Casualty carrier</li></ul><div></div><ul><li><br>
 Sound knowledge of insurance with specific reference to lines of business underwritten</li></ul><div></div><ul><li><br>
 Knowledge of the insurance market both at national and international level.</li></ul><div></div><ul><li><br>
Availability to travel</li></ul><div></div><ul><li><br>
 Self-motivated, self-confident; able to work as part of a team and on his/her own initiative.</li></ul><div></div><ul><li><br>
 Calm, flexible and organized approach to meet business needs.</li></ul><div></div><ul><li><br>
 Able to prioritize workload and coordinate the work of others.</li></ul><div></div><ul><li><br>
 Strong verbal and written communication skills</li></ul><div></div><ul><li><br>
 Capable of independently tracking and completing multiple requests in a dynamic, international environment</li></ul><div></div><ul><li><br>
 Strong computer technical acumen with expert level knowledge of Microsoft Office</li></ul><div></div><ul><li><br>
 Experience and relationships with Foreign brokers</li></ul><div></div><ul><li><br>
 Bi-lingual is a plus</li></ul><p></p><p><b><br>
Position Salary and Benefits</b></p><p>
 The annual salary for this position ranges from $115,000 to $165,000 depending on actual experience, skillset, and location. In addition to base salary, full-time N2G employees are also eligible for bonus potential. N2G offers a comprehensive benefits plan that includes the following: Paid holidays, flexible discretionary time off, sick, maternity and parental leave plan, vision, dental and medical health plans, employer paid life insurance, 401k with company match, short term and long-term disability, direct deposit, and employee assistance program.</p><div></div><div><br>
Please Note to be considered for this position, you must be currently located in the Northeast United States, ideal candidate is in NJ/NY. This role is open to remote work. If your location is commutable distance to N2G headquarters in Jersey City, NJ you will be considered a hybrid employee.</div></div><p></p>

International Sr. Underwriter, Northeast

CBRE

<b>About the role:</b><br>
As an Underwriter at CBRE, you will work with the underwriting team to perform all due diligence vital to make informed recommendations to CBRE's loan committee regarding the risks and mitigates for securing multifamily bridge loans and permanent agency multifamily loans.
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<b>What you’ll do:</b> Lead the sizing/underwriting/presentation of CBRE’s multifamily bridge loan program through interaction with Producers, Borrowers, Legal, Investors and CBRE’s internal loan committee. Prepare underwriting submissions ensuring internal credit quality and investor compliance. Prepare borrower credit analysis including determination of net worth, liquidity, overall financial strength, experience owning multifamily assets and acceptability of proposed borrower structure. Evaluate the risk involved with issuing short-term loans for multifamily properties. Assess the property's worth, including its current market value and potential After Repair Value (ARV). Examine the property's ability to generate sufficient income to cover loan payments and other expenses, often through discounted cash flow (DCF) modeling. Act as primary liaison between loan producer, investor, legal counsel, and closing officer throughout the underwriting process. Perform property and market level due diligence, review third party reports and legal documents to ensure compliance with internal credit tolerances as well as investor requirements. Present loan transaction details to CBRE's loan committee for approval. Active participant in developing analysts and other underwriters on our team. Ensure all required documentation is in order and the loan complies with the applicable regulations and guidelines. Other related tasks include processing incoming exhibits and preparing final delivery of investor packages. Lead by example and model behaviors that are consistent with CBRE RISE values. Explain complex information to others in straightforward situations.
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<b>What you’ll need:</b><br>
To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. Bachelor's Degree strongly preferred with 2-5 years of relevant experience. Understanding of existing procedures and standards to solve slightly complex problems. Ability to analyze possible solutions using technical experience to apply appropriate judgment and precedents. In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc. Strong organizational skills with an inquisitive mindset. Advanced math skills. Ability to calculate complicated figures such as percentages, fractions, and other financial-related calculations.
<br>Why CBRE?
<br>When you join CBRE, you become part of the global leader in commercial real estate services and investment that helps businesses and people thrive. We are dynamic problem solvers and forward-thinking professionals who create significant impact. Our collaborative culture is built on our shared values — respect, integrity, service and excellence — and we value the diverse perspectives, backgrounds and skillsets of our people. At CBRE, you have the opportunity to chart your own course and realize your potential. We welcome all applicants.
<br>Our Values in Hiring
<br>At CBRE, we are committed to fostering a culture where everyone feels they belong. We value diverse perspectives and experiences, and we welcome all applications.
<br>Applicant AI Use Disclosure
<br>We value human interaction to understand each candidate's unique experience, skills and aspirations. We do not use artificial intelligence (AI) tools to make hiring decisions, and we ask that candidates disclose any use of AI in the application and interview process.
<br>Disclaimers
<br>Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
<br>About CBRE Group, Inc.
<br><b>CBRE Group, Inc. (NYSE:</b> CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage serving, valuations); Building Operations & Experience (facilities management, property management, flex space & experience); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
<br>CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the position is $120,000 annually and the maximum salary is $160,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance.​
<br><b>Equal Employment Opportunity:</b> CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
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<b>Candidate Accommodations:</b> CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).

Underwriter - Bridge

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