Underwriting Manager

Company: Tata Consultancy Services
Location: Garland
Posted on: February 25, 2021

Job Description:

Mortgage Underwriting & Relationship ManagerManages a team of employees responsible for rendering and communicating decisions that most effectively mitigate risks in loan portfolio and investor products. Develops employees through regular coaching and feedback that leads to improved results. Executes process improvements and leads organizational process changes. Ensures underwriting practices are in compliance with policies, procedures, and regulatory requirements.ESSENTIAL RESPONSIBILITIES:* Manages, selects, develops, and supports employees in fulfillment of our Corporate Mission. Provides coaching and feedback by managing employee performance, quality metrics, and facilitating professional development to lead to sound loan portfolio or investor underwriting business results.* Proactively identifies opportunities and solutions to improve operational effectiveness. Implements and monitors processes and performance standards and provides feedback for improvements.* Achieves optimal productivity through managing workload volumes, production service level objectives, quality metrics, staffing, training needs, and identifying and implementing appropriate solutions.* Maintains up to date knowledge of underwriting business for bank products including industry and investor, regulatory updates and trends. Makes appropriate credit decisions within authorized lending authority and resolves escalated underwriting issues. Negotiates complex loan/credit files, including insider loans, and other specialized loan products and complex member escalations within Real Estate and/or Non Real Estate Lending Products.. Assists staff with difficult procedures, credit decisions and fraudulent activities.* Assists in the development to formalize underwriting processes to insure maximum efficiency and control expenses. Recommends changes to credit policy to ensure lending objectives are achieved and adherence to regulatory compliance.* Maintains a high standard of loan quality for delivery to investors or loan portfolio and maintains investor guideline matrixes. Work closely with end to end business partners to ensure underwriting file decisions are accurate.* QUALIFICAITONS* Minimum of 2 Years underwriting experience.* 2+ years experience leading teams or projects. * Minimum of 5 Years in the mortgage industry.* In-depth knowledge of FNMA and FHLMC guidelines.* Proficient in all current agency and regulatory compliance requirements.* Thorough knowledge and understanding of mortgage lending, loan products, and operations.* Good analytical skills and knowledge of loan origination systems and applications.* Strong interpersonal and communication Skills.* Strong organization and time management Skills.* Proficiency with LOS and AUS systems.

Keywords: Tata Consultancy Services, Garland , Underwriting Manager, Executive , Garland, Texas