Underwriting Analyst- Jumbo
Are you looking for a company that is passionate about making a difference? At Allonhill, our mission is to bring credibility back to the mortgage industry. We are looking at loans and getting it right, and we want you to join our team!
What you expect:
Allonhill is seeking experienced mortgage underwriting analysts to support the jumbo conduit platform. Successful candidates will be responsible for assessing income, credit and asset documentation. In addition, the jumbo underwriting analyst is responsible for comparing loan-level data against varying seller and investor guidelines.
What you'll do:
Review and analyze mortgage loan data, including but not limited to, income, credit, assets and compliance documentation
Evaluate lender adherence to product parameters and seller guidelines
Record and explain data discrepancies throughout the course of the review
Identify potential risk, fraud or misrepresentation
Identify loan exceptions and request additional documentation as necessary
Assess compensating factors that may mitigate risk associated with the loan file
Prepare brief narratives communicating review findings
Perform loan-level due diligence using Allonhill’s proprietary systems
Regular, consistent and punctual attendance
Ability to work overtime as necessary
What you need:
Strong analytical, written and verbal communication skills
Manual underwriting experience preferred
DE is a plus
Ability to evaluate complex tax returns and asset statements is required
Previous signing authority of $750,000 or more is a plus
Proficient in MS Office
Able to work independently with minimal supervision in a production-oriented environment
Able to sit at a desk, using dual monitors for a minimum of 8 hours
Able to operate in a paperless environment
Must be able to pass background investigation
Education and Experience
High school diploma or GED required, college degree in any discipline preferred
Minimum of 3 years experience in jumbo mortgage underwriting
Who we are:
Allonhill's core business lines are mortgage due diligence and credit risk management. The Company’s services are designed to help clients reduce risk by supporting them in meeting their goals related to quality, accuracy, and transparency. The combination of Allonhill’s industry-leading expertise and world-class technology provide the most consistent and accurate results available from any third-party review.
What we offer:
Flexible work schedules
Awards and Recognition
State of the art training and development
Entrepreneurial and collaborative culture that fosters innovation and success
Medical insurance through Cigna/Great West
H.S.A. plan and with up to a $500 annual incentive
Dental insurance through MetLife
Base and Buy-Up plan
Vision insurance through VSP
Short term and long term disability through Lincoln (entirely company paid)
$50,000 life insurance (entirely company paid)
Additional Voluntary Life insurance available
Voluntary Accident, Critical Illness and Hospital Indemnity
Flexible Spending Accounts
Employee Assistance Program (entirely company paid)
401(k) with 50% match up to the first 4% of deferrals (fully vested after 3 years)
RTD EcoPass (entirely company paid)
15 days of paid time off
7 company holidays and 1 floating holiday to use on the day of your choosing
Holidays are New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving and the day after and Christmas Day.
We are a highly recognized, highly specialized and award winning company. If you are looking for a place to grow and learn beyond your wildest expectations, join our team! We appreciate your candidacy and welcome any questions you may have.
Compliance: Allonhill is an EEO/Drug Free Workplace.
Disclaimer: The above information has been designed to indicate the general nature and level of work performed by employees in this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications.
Employment is contingent on the successful candidate passing Allonhill’s background screening requirements and a drug test.