Mortgage Underwriting Manager
Alaska USA Federal Credit Union - Anchorage, AK

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Primary Functions:

Responsible for quality loan decisions and performance requirements of underwriting staff.

Duties and Responsibilities:
  • Supervise all mortgage underwriting functions and daily workflow related to underwriting activities. Train, develop, supervise, and conduct performance evaluations and other personnel actions for all subordinates.
  • Work closely with underwriting staff to insure staff is aware of and following all established program and underwriting requirements of each investor and/or agency and insurer.
  • Perform regular pre-closing audits to ensure performance standards are being met, as well ensuring underwriting consistency and identifying training needs.
  • Act as a resource to both underwriting and production staff and provide information regarding changes to investor and/or guarantor policies and procedures.
  • Work closely with Mortgage Operations Manager to ensure daily work production requirements are being met.
  • Underwriting mortgage loans, as needed, in compliance with established policies and requirements.
  • Serve as a delegated or direct-endorsement underwriter and SAR appraisal reviewer within the requirements established by the investor, insurer or guarantor.
  • Maintain a current knowledge of existing laws, statutes, regulations, ordinances, policies and procedures pertaining to real estate and mortgage lending.
  • Work closely with loan originator and processor to ensure compliance with all investor guidelines.
  • Perform other duties as assigned.
  • Qualification Requirements:
  • Education - Bachelor's degree in business administration or management with advanced industry courses in real estate lending including knowledge of all applicable laws and regulations.
  • Experience Required - At least three years management/supervisory experience and at least five years experience in underwriting. Advanced industry courses in real estate lending recommended.
  • Skills - Must have five years experience in mortgage underwriting including conventional, FHA, VA, RD and/or specialty program underwriting. Must have an active DE CHUMS and SAR number and a minimum of three years management/supervisory experience with demonstrated ability to train staff. Must be familiar with all investor guidelines. Working experience with DU, LP and GUS underwriting systems preferred.
  • Tenure - Not applicable

  • About this company
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    Alaska USA is no half-baked financial institution. The member-owned credit union provides financial services to more than 435,000 members...