Underwriter II-Mortgage

About this role

• At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success.
• If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.
• ***Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process.
• Associated Bank conducts a thorough background check on all new hires.*** Under limited direction, underwrite, evaluate and decision loans in accordance with the established underwriting policy and guidelines.
• Conform with all Regulatory requirements such as ATR/QM, HOEPA, HPML, and Fair Lending.
• Analyze tax returns, financial statements, credit reports, business reports and legal documents.
• Calculate the necessary ratios to assist in the decision process.
• Maintain quality credit decisions and turnaround time.
• Assist with ongoing training of the lender on all loan products and credit fundamentals.
• Provide support to the Underwriter I and II positions.Job Accountabilities * Review complex applications on various types of residential loans for credit and product guidelines.
• Review to include applicant's credit profile/credit report, income, including corporate and personal tax returns, personal financial statements, etc., as applicable, business reports and legal documents.
• Perform credit analysis and approve or deny credit applications based on authorized lending limits.
• Recommend credit decisions to management on requests exceeding assigned lending authority.
• Proactively seek solutions with lenders from all business lines to ensure rate, term, and application structure on all loan products are compliant with current policies, procedures, and Regulatory requirements.
• Aid in the resolution of any application issues in an effective manner, mutually benefiting our customers and the Bank.
• * Clear conditions and rework loans for changes of circumstance as necessary.
• * Verify the accuracy of the data input in the Loan Origination System and that all product guidelines have been met.
• * Use discretionary judgment for approval of credit applications not meeting underwriting policies and procedures.
• Ensure proper documentation and sign-offs are made for credit exceptions.
• Maintain credit exception approval percentages within corporate approved guidelines.
• * Maintain up to date knowledge of current Underwriting policies, guidelines and compliance issues using available resources.
• Including all lending related Federal and State regulations.
• Education Associate's Degree or equivalent combination of education and experience Finance Required Associate's Degree or equivalent combination of education and experience Business Required Experience 4-7 years Underwriting and lending products, policies and procedures Required We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.
• **In addition to core traditional benefits, we take pride in offering benefits for every stage of life.** * Retirement savings including both 401(k) and Pension plans.
• * Paid time off to volunteer in your community.
• * Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
• * Competitive salaries with professional development and advancement opportunities.
• * Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.
• Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success.

Key skills & tools

View & apply

Links open in a new tab. jobhustl never applies on your behalf - you always go to the employer.