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Senior Underwriter
Ally
Charlotte, NC, United States
Job Details - this job has expired, please see similar jobs below
Ally Requisition #
18-5478
Job Description
Position Description
The Senior Underwriter will underwrite residential loans ensuring compliance with lender and investor standards.
Job Responsibilities
• Review, analyze and make final determination on loan submissions using manual underwriting guidelines as well as validating Automated Underwriting recommendations (DU; /LP);
• Provide guidance through a second look review for all denial recommendations
• Lending Authority Limit: $1,000,000
• Underwrite special programs as determined by lending authority set by Underwriting Management;
• Work with clients and team members to identify potential solutions/alternatives for difficult/denied loan files;
• Communicate with internal and external clients to ensure high quality loan decisions are made.
• Research and respond to Underwriting Manager on loans requiring additional escalation and review and ability to summarize issues, concerns and recommendations;
• Effectively prepare exception requests as needed;
• Proactively addresses underwriting submission deficiencies;
• Review and maintain guidelines to stay up-to-date with all requirements;
Qualifications
• College degree preferred. Minimum High School diploma, or equivalent, required. Courses in real estate/mortgage banking helpful;
• Minimum of 5-7 years underwriting with 3-5 years of experience with Jumbo Non-Conforming required;
• Ability to handle secure and private information;
• Technical experience necessary: Windows, Excel, Word, PowerPoint, Underwriting software and systems;
• Ability to stay current with regulatory and industry changes;
• Excellent customer service skills and analytical skills;
• Knowledge of TRID requirements
• Excellent verbal and written communication skills;
• Ability to work independently and adapt to a constantly changing environment;
• Ability to be a creative and innovative problem solver
Ally Overview
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. Ally's legacy dates back to 1919, and the company was redesigned in 2009 with a distinctive brand, innovative approach and relentless focus on its customers. Ally has an award-winning online bank (member FDIC), one of the largest full service auto finance operations in the country, a complementary auto-focused insurance business, a growing digital wealth management and online brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies.
Business Unit/Enterprise Function
Ally Bank is a direct bank in the U.S. that offers a straightforward approach to banking with no minimum deposit required to open an account, no monthly maintenance fees and 24/7 live customer care. A subsidiary of Ally Financial Inc. and member FDIC, the bank offers online savings, interest checking, money market accounts, certificates, and IRA Plans and products. Ally Bank has been named "Best Online Bank" for five of the past seven years by MONEY® Magazine.
Total Rewards Information
Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Plus, we have a flexible paid-time-off program including time off for volunteer opportunities. Ally's Total Rewards Program is designed to enrich your life at work -- and outside of it and includes:
• Industry-leading 401K retirement savings plan with matching and company contributions
• Wellness program encouraging healthy living with financial rewards
• Flexible health insurance options including dental and vision
• Pre-tax Health Savings Account with generous employer contributions
• Pre-tax commuter benefits
• Other work-life integration benefits including parental and caregiver leave, adoption assistance, backup child and adult/elder day care program, child care discounts, tuition reimbursement, LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs
Ally is an Equal Opportunity Employer
We extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual's age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.