Western Alliance Bancorporation is hiring a Non-Delegated Mortgage Underwriter III to underwrite conventional loans by thoroughly reviewing the credit, capacity, and collateral characteristics of loan files. Your work will ensure all submissions meet stringent company and investor quality standards.
What You'll Do
- Manage your individual pipeline daily by completing Conventional loans, simple and complex Underwriting Reviews, Conditions Reviews, and other Underwriting Tasks within established turn times.
- Identify any document deficiencies and request additional information and/or documentation from Clients as needed.
- Assist other department personnel in interpreting underwriting guidelines, update loan statuses, and complete all necessary tasks assigned to a loan.
- Contact clients to provide updates and clarification on outstanding conditions and deficiencies identified on loans.
- Perform other duties as assigned.
What We're Looking For
- 5+ years of mortgage industry experience.
- 3 years of recent frontline underwriting experience preferred, ideally in a wholesale or retail lending environment.
- Project management experience and loan quality and risk management knowledge.
- Knowledge of FNMA and FHLMC guidelines.
- Proficiency with automated underwriting systems such as Desktop Underwriter and Loan Product Advisor.
- Basic proficiency in Microsoft Office products (Excel, Word, etc.).
- Excellent customer/client service skills, written and verbal communication skills, and prioritization and time management skills.
- Ability to work in a fast-paced production environment, meet specific time constraints, learn, and adapt to guideline changes.
- Self-starter, self-reliant, and dependable.
Nice to Have
- College degree preferred but not required.
- Encompass LOS experience preferred.
Technical Stack
- Microsoft Office (Excel, Word)
- Encompass LOS
- Desktop Underwriter
- Loan Product Advisor
Benefits & Compensation
- Competitive salaries and an ownership stake in the company.
- Medical and dental insurance, time off, and a great 401k matching program.
- Tuition assistance program, employee volunteer program, and a wellness program.
- Opportunity to bolster business knowledge and gain hands-on experience.
- Hourly range for new hires is generally $54.00 for Nevada. Salary amount is determined by specific job location.
Work Mode
This is a remote position open to candidates in Oregon.
Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, national origin, marital status, disability, protected veteran status, sexual orientation, gender identity, or genetic information.
