Address
Form of work Senior Vice President Credit Risk Management
Responsible for managing underwriting staff and guidelines to ensure Prospect is producing/closing quality loans that are salable to the secondary market. In addition, responsibilities include:
Ensure turn time commitments are met.
Exceptions are followed up on.
2 nd Signs.
Relationship building with Sales and Operations.
Resolve issues on non-saleable loans so loans can be purchased by alternate investors. Resolve Loan Exception issues on loan originations to quickly find product and pricing that will meet deadlines.
Maintain guidelines in conjunction with PMC proprietary guidelines. Organize number, publish, and circulate guidelines on an ongoing basis noting variances from Agency/Investor guidelines.
Work closely with other managers, including those in Compliance, Operations, Closing, Post Closing and Quality, and Accounting departments to understand and meet needs/requirements of each department with regard to underwriting policy.
Develop tools and departmental systems to minimize errors and increase ability to close loans faster.
Patience
Technical writing skills
PC Skills (MS Office- Excel; spreadsheets; Word; Access; Power Point
Strong analytical and mathematical skills and applications
Strong communication skills (verbal, written, listening)
Presentation skills
Supervisory and management experience; team-building experience and skills; leadership skills; accessible and approachable
Attention to detail; multi-tasking skills; excellent time-management skills
Ability to work independently with minimal supervision
Flexibility and adaptability in a fluid and rapidly changing environment
Willingness to do more than basic job requirements as needed
Direct Endorsement (DE)
BA/BS in Finance or Economics helpful
MBA helpful
4-5 years senior underwriting
10 years' experience in mortgage banking
10 years' experience, 6 months on-the-job
Responsible for managing underwriting staff and guidelines to ensure Prospect is producing/closing quality loans that are salable to the secondary market. In addition, responsibilities include:
Ensure turn time commitments are met.
Exceptions are followed up on.
2 nd Signs.
Relationship building with Sales and Operations.
Resolve issues on non-saleable loans so loans can be purchased by alternate investors. Resolve Loan Exception issues on loan originations to quickly find product and pricing that will meet deadlines.
Maintain guidelines in conjunction with PMC proprietary guidelines. Organize number, publish, and circulate guidelines on an ongoing basis noting variances from Agency/Investor guidelines.
Work closely with other managers, including those in Compliance, Operations, Closing, Post Closing and Quality, and Accounting departments to understand and meet needs/requirements of each department with regard to underwriting policy.
- Ensure timely and consistent training of staff.
Develop tools and departmental systems to minimize errors and increase ability to close loans faster.
- Addition Work planning, prioritization and assignment; establish and monitor accountability for subordinates' job responsibilities.
- Align staff to achieve departmental and company goals and objectives.
- Training and team-building; staff development for professional and corporate growth; coaching, mentoring and counseling.
- Timely performance management (reviewing and approving work; rewards and disciplinary action; conflict resolution).
- Interviewing and hiring decisions; promotions and demotions
- Develop and implement strategies to achieve and protect the long-term growth of the Company.
- Develop and manage budgets and forecasts.
- Track, monitor and prepare report on departmental goals and objectives.
- Meet departmental goals and objectives
- Ensure compliance with Company Policies.
- Demonstrate and encourage integrity and alignment with Company Vision, Mission and Values.
Patience
Technical writing skills
PC Skills (MS Office- Excel; spreadsheets; Word; Access; Power Point
Strong analytical and mathematical skills and applications
Strong communication skills (verbal, written, listening)
Presentation skills
Supervisory and management experience; team-building experience and skills; leadership skills; accessible and approachable
Attention to detail; multi-tasking skills; excellent time-management skills
Ability to work independently with minimal supervision
Flexibility and adaptability in a fluid and rapidly changing environment
Willingness to do more than basic job requirements as needed
Direct Endorsement (DE)
BA/BS in Finance or Economics helpful
MBA helpful
4-5 years senior underwriting
10 years' experience in mortgage banking
10 years' experience, 6 months on-the-job
