Initial Posting Date:
03/22/2024
Application Deadline:
04/08/2024
Agency:
Department of Veterans Affairs
Salary Range:
$5,747 - $8,831
Position Type:
Employee
Position Title:
Loan Specialist 3-Underwriter
Job Description:
The Oregon Department of Veterans’ Affairs (ODVA) is a State of Oregon agency with a mission to serve and honor veterans through leadership, advocacy and strong partnerships. The Department is entrusted to assist veterans, their dependents, and surviving family members in obtaining their earned Federal, State, and local benefits.
At the Oregon Department of Veterans’ Affairs, we value a diverse and culturally competent workforce. We stand by our commitment to being an equal opportunity, affirmative action organization, and recognize and celebrate our unique backgrounds and diverse experiences. We encourage applications from members of historically underrepresented racial/ethnic groups, women, individuals with disabilities, veterans, and LGBTQ+ community members. The strength of our agency lies in the diversity of our workforce and the perspectives our employees bring to their work at ODVA.
The Department currently has an opening for one permanent full-time Loan Specialist 3-Underwriter within the Home Loans section of ODVA in Salem, Oregon.
In-Office Work – Work for this position must be completed in the central workplace. Remote work is evaluated periodically to ensure business needs are being met and can be adjusted at any time. Please visit the state’s
Work Reimagined
website for more information.
What you will do as a member of the ODVA team
This position will provide timely loan underwriting services to mortgage loan applicants through approved Third-Party Originators (TPO’s) within the Mortgage Industry, throughout the State of Oregon.
For a complete listing of the duties and responsibilities for this position, please review the position description by clicking
here
.
MINIMUM QUALIFICATIONS:
A Bachelor's degree in Business Administration, Economic, Finance, Accounting, or related field AND three years experience analyzing and underwriting residential, commercial, or public sector loans; or three years experience in economic or community development, project development, or as a business finance officer;
OR
A Bachelor's degree in other fields with an MBA, MPA, or MA in Management with an emphasis in general accounting, cost accounting, financial accounting, financial reporting, financial intermediation, finance, or marketing AND two years experience at the level of a business finance officer or senior loan officer;
OR
Any combination of experience and education deemed acceptable for satisfactory job performance to the appointing authority.
REQUESTED SKILLS:
In addition to your related work experience and education, we will use the requested skills below to determine whom to interview.
- Experience in the mortgage loan industry, specifically on underwriting to Fannie Mae manual underwriting standards.
- Ability to communicate effectively with lender partners on loan transactions.
- Experience working with a variety of mortgage insurance companies and the ability to understand their requirements to grant mortgage insurance coverage.
- Experience working with Desktop Underwriting recommendations.
- Experience in compliance requirements, to include TRID, RESPA and various regulatory agencies, also State and Federal requirements.
- Experience in working with Third-Party Originators.
HOW TO APPLY:
To apply for this position, please follow the “Apply” link above and complete the online application. In addition, please provide a resume and cover letter demonstrating the above minimum qualifications, requested skills, and experience that represents your suitability for the position.
ADDITIONAL REQUIREMENTS:
As a Condition of Employment this position requires successful completion of a finger-print based criminal history background check through the Oregon (LEDS) and National (NCIC) law enforcement data systems.
MORE DETAILS:
What’s in it for you?
The opportunity to work with and learn from a great team that has a passion for serving veterans. We offer medical, vision and dental with paid sick leave, vacation, personal leave and eleven paid holidays per year.
Relocation assistance may be paid in some cases. Please contact Human
Resources for further information.
Veterans Preference:
The Oregon Department of Veterans’ Affairs provides veterans’ preference in employment to all eligible veterans. For more information, please go to the State website:
https://www.oregon.gov/jobs/Pages/Veterans.aspx
Questions?
The Oregon Department of Veterans’ Affairs is an equal opportunity/ affirmative action employer and is strongly committed to enhancing the diversity of its workforce. Assistance will be provided in the recruitment, application and selection process to applicants with disabilities who request such assistance. Please call (503) 508-7673 as early as possible regarding any assistance you may require.
HELPFUL LINKS AND CONTACT INFORMATION
Learn more about ODVA
Understanding the State Application Process
Help & Support webpage
Learn more about Oregon