Underwriting Team Lead

Company: Nations Lending
Location: Independence
Posted on: February 22, 2021

Job Description:

Nations Lending Corporation--- is a Cleveland, Ohio-based national direct mortgage lender and servicer, licensed in 47 states plus the District of Columbia. With 50+ branches in 20 states, our company and culture continue to grow. We empower our employees to pursue their career goals by supporting their individual and creative ideas, and our mission is to treat every customer like a person, not a number. We want you to Join the Nation! The Underwriting Team Lead works with the Underwriting Manager to manage a team of underwriters while maintaining underwriting standards and best practices. They will be responsible for the day to day responsibilities of coaching and mentoring the team on all policies and procedure changes to ensure they are operating efficiently. In cases of overflow/volume the Lead will underwrite loan files. The Team Lead must be professional and enthusiastic while delivering exceptional and consistent customer service internally and to external customers. The Team Lead will be the first level for escalations and matters of concern. Essential Functions:

• Provide s leadership and oversight to the Underwriting Department to ensure company standards are met .
• Assist s the team of underwriters with questions regarding procedures, products and services.--
• Manage s turn time reports to meet SLA and goals set .
• Identifies inefficiencies, processes and procedures as well as training opportunities.
• Sets clear team member goals and objectives and leads team to achieve defined metrics .
• Monitors a pipeline of new decision and final approvals by balancing workload within the team .
• Ensures loans are progressed through the system by following up on loans experiencing delays .
• Assign s new loan files and monitor s loan reports for underwriter assignment: assign s the tasks and daily work for each---underwriter based on loan type, source, capacity etc.--
• Attend s ---Management Team meetings with the Underwriting Manager, assess es ---information compiled, distribute s as necessary.---
• Collaborates with sales, underwriting, closing and funding departments regarding loans .
• Initiates, prioritize s and follows through to resolution on all rush and escalation requests to other appropriate departments .
• Communicates the update, status, and expectation on rush and escalation requests with all interested parties .
• Generates and monitors the daily pipeline report for team and reports daily totals to management .
• Pulls team performance data to monitor and measure productivity, quality and activity levels .
• Train s , develop s , mentor s and coach es team members .
• Provides direct feedback to team members and management on performance to aid in refinement of existing skills and serve as resource for team member training.
• Keeps informed of industry specific changes .
• Identifies opportunities for process improvements and serves as a subject matter expert in providing guidance in the development, evaluation, and implementation of processing system enhancements or process improvements. Qualifications and Education Requirements:
  • High school diploma required, b achelor's degree in Finance preferred.
  • 5+ years RECENT underwriting experience required.
  • Experience with manual underwrites required.
  • Complete familiarity with FNMA, FHLMC, FHA, VA, and USDA guidelines and understanding of all facets involved in real estate transactions .
  • Must possess a knowledge of product mix, appraisals, tax returns and disclosure compliance .
  • Expert at reading and understanding of DU, LP and other AU systems .
  • Must be very responsive and able to multi-task .
  • Detail oriented with the ability to set goals, meet objectives, take initiative and complete tasks within deadlines .
  • Works with other leaders to establish clear goals and accountabilities .
  • Collaborates with others to define problems and desired outcomes .
  • Maintains composure under stress and pressure .
  • Proven track record of working in a fast-paced, high-energy environment .
  • Analytical/critical thinking, able to anticipate problems and resolve early .
  • Working knowledge of MS Outlook, FHA Connection and other mortgage related systems .
  • Excellent written and verbal communication skills . Preferred Skills:
    • LOS Encompass experience is preferred but not required.
    • Ability to remain calm under pressure and level-headed in conflict situations. Nations Lending expressly prohibits any form of discrimination or unlawful harassment based on race, color, religion, gender, national origin, age, genetic information, disability, veteran status, sex (including marital status, family status, pregnancy, sexual orientation, gender identity or gender expression). Improper interference with the ability of Nations Lending employees to perform their expected job duties is absolutely not tolerated. Nations Lending expressly prohibits any form of retaliation against individuals who raise any concerns regarding equal employment opportunities with the Company. Posted 30+ Days Ago Full time REQ1192 About Us We're hiring people who dream as big as we do. If you're looking for a career, not a job, it just might be your lucky day.Here's some of what we provide: REWARDS: Great compensation, great rewards, and a growing company means new opportunities and great potential for career growth. Hard work never goes unrewarded here. BENEFITS: An impressive benefits package including medical, dental, vision, 401(k), and paid time off.RELATIONSHIPS: Comprehensive training, ongoing education, and networking opportunities with the best in the business means you'll get to form lasting relationships with people who can help you make the most of your life and your career.

Keywords: Nations Lending, Baton Rouge , Underwriting Team Lead, Other , Independence, Louisiana