JOIN THE KEESLER FEDERAL CREDIT UNION TEAM!

Keesler Federal Credit Union team members enjoy competitive salaries and a wide range of benefits, some of which include:

• Medical, dental, and vision insurance
• Section 125 Flexible Spending Accounts for Health Care and Dependent Care expenses
• Employee and Dependent Life Insurance
• 401(k) Retirement Plan with 100% match on the first 5% contributed by you
• Paid Leave
• Tuition Reimbursement and Competitive Scholarships
• Short-Term & Long-Term Disability Benefits
• Employee Assistance Program

WE CURRENTLY DO NOT SPONSOR WORK RELATED VISAS

POSITION:

MORTGAGE LOAN UNDERWRITER III

DEPARTMENT:

MORTGAGES

REPORTS TO:

MORTGAGE LOAN UNDERWRITER MANAGER

FLSA:

NON-EXEMPT

GRADE:

13

SUMMARY:

THE MORTGAGE UNDERWRITER III POSITION REQUIRES A MINIMUM OF 4 YEARS OF CURRENT MORTGAGE UNDERWRITING EXPERIENCE TO INCLUDE 2 YEARS OF GOVERNMENT UNDERWRITING. MUST BE DE AND SAR APPROVED.

SUPERVISORY RESPONSIBILITIES:

NONE

ESSENTIAL FUNCTIONS:

• Validate the accuracy of all calculations and loan documentation provided.
• Responsible for underwriting all mortgage loan types including all government loans
• Completes a thorough analysis of loan files to determine guideline compliance with Keesler Federal, GSE agency, and investor guidelines.
• Analyze Credit, Capacity, Capital, Collateral, and Character to ensure the file meets guidelines and regulatory requirements.
• Maintains service levels to provide established turn times.
• Provides general guidance to Loan Processors and Loan Originators for loan file.
• Assists in internal quality control, audit review issues, and responds to audit findings.
• Stays updated on PMI, GSE, and Portfolio Loan Products.
• Maintains up-to-date knowledge of Mortgage policies and guidelines.
• Responsible for compliance with all Federal Mortgage regulations.
• Proficient in all mortgage department systems related to underwriting.
• Ensures compliance with applicable federal, state and local laws and regulations.
• Maintains knowledge of and adheres to Keesler Federal internal compliance policies and procedures.
• Addresses loan issues in a timely manner to ensure an extraordinary member experience resulting in no disruption to closing date established at time of origination.
• Mentor Mortgage Loan Underwriters I and II with loan decision-making.
• Responsible for compliance with all Federal regulations, including Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC), Ability to Repay/Qualified Mortgage Rule and TRID.

OTHER DUTIES AND RESPONSIBILITIES:

OTHER DUTIES AS ASSIGNED.

KNOWLEDGE AND SKILLS:

TO PERFORM THIS JOB SUCCESSFULLY, AN INDIVIDUAL MUST BE ABLE TO PERFORM EACH ESSENTIAL DUTY SATISFACTORILY. THE REQUIREMENTS LISTED BELOW ARE REPRESENTATIVE OF THE KNOWLEDGE, SKILLS, AND/OR ABILITIES REQUIRED. REASONABLE ACCOMMODATIONS MAY BE MADE TO ENABLE INDIVIDUALS WITH DISABILITIES TO PERFORM THE ESSENTIAL FUNCTIONS.

EDUCATION:

• BACHELOR’S DEGREE IN A RELATED FIELD OR EQUIVALENT COMBINATION OF EDUCATION AND EXPERIENCE WHICH DEMONSTRATES THE ABILITY TO PERFORM THE FUNCTIONS OF THE POSITION PREFERRED.

Experience and Other Requirements:

• Direct Endorsement Certification and SAR approval required.
• Minimum of 4 years of current mortgage underwriting experience required.
• 2 years of government underwriting experience Required.
• Advanced underwriting, advanced tax return analysis, advanced collateral assessment (appraisal analysis).
• Expert knowledge with FHA Connection, FHA EAD, VA WEB LGY, USDA GUS, DU, and LPA.
• Advanced ability to analyze complex income, assets, credit and collateral.
• Advanced problem solving, analytical and resolution skills.

COMPUTER SKILLS:

PROFICIENT IN THE USE OF COMPUTERS AND STANDARD OFFICE TECHNOLOGY, INCLUDING MICROSOFT OFFICE APPLICATIONS (WORD, EXCEL, OUTLOOK, AND TEAMS).

CERTIFICATES, LICENSES, AND REGISTRATIONS:

FHA DIRECT ENDORSEMENT CERTIFICATION AND VA SAR APPROVAL.

INTERPERSONAL SKILLS:

DEMONSTRATES THE ABILITY TO INTERACT PROFESSIONALLY AND RESPECTFULLY WITH MEMBERS, COWORKERS, AND EXTERNAL PARTNERS. COMMUNICATES INFORMATION CLEARLY AND EFFECTIVELY, BOTH VERBALLY AND IN WRITING, AND LISTENS ATTENTIVELY TO UNDERSTAND QUESTIONS OR CONCERNS. MAINTAINS A COURTEOUS, COOPERATIVE, AND SERVICE-ORIENTED APPROACH IN A VARIETY OF WORK SITUATIONS, INCLUDING THOSE INVOLVING DIFFERING PERSPECTIVES OR NEEDS. BUILDS POSITIVE WORKING RELATIONSHIPS AND CONTRIBUTES TO A COLLABORATIVE, INCLUSIVE, AND MEMBER-FOCUSED ENVIRONMENT.

PHYSICAL DEMANDS:

THE PHYSICAL DEMANDS DESCRIBED BELOW ARE REPRESENTATIVE OF THOSE THAT MAY BE ASSOCIATED WITH PERFORMING THE ESSENTIAL FUNCTIONS OF THIS POSITION. THE ESSENTIAL FUNCTIONS OF THIS ROLE CAN BE PERFORMED WITH OR WITHOUT REASONABLE ACCOMMODATION, IN ACCORDANCE WITH THE AMERICANS WITH DISABILITIES ACT (ADA) AND APPLICABLE FEDERAL, STATE, AND LOCAL LAWS.

WHILE PERFORMING THE DUTIES OF THIS JOB, THE EMPLOYEE MAY BE REQUIRED TO REMAIN IN A STATIONARY POSITION FOR EXTENDED PERIODS, MOVE WITHIN THE WORK ENVIRONMENT, AND OPERATE A COMPUTER AND OTHER STANDARD OFFICE EQUIPMENT. JOB DUTIES MAY ALSO INVOLVE THE USE OF HANDS AND ARMS TO OPERATE TOOLS, DEVICES, OR CONTROLS, AND TO EXCHANGE INFORMATION USING VARIOUS COMMUNICATION METHODS. OCCASIONAL POSTURAL ACTIVITIES SUCH AS BENDING, KNEELING, CROUCHING, OR STOOPING MAY BE REQUIRED. THE POSITION MAY OCCASIONALLY REQUIRE LIFTING OR MOVING ITEMS WEIGHING UP TO 15 POUNDS.

WORK ENVIRONMENT:

THE WORK ENVIRONMENT IS PRIMARILY A PROFESSIONAL OFFICE OR BRANCH SETTING, WITH A FOCUS ON MEMBER SERVICE AND COLLABORATION. THE ROLE MAY REQUIRE WORKING IN SHARED WORKSPACES AND INTERACTING WITH MEMBERS, COWORKERS, AND VENDORS THROUGH VARIOUS COMMUNICATION METHODS. WORK MAY INVOLVE EXTENDED PERIODS OF SITTING OR STANDING, REPETITIVE MOTIONS SUCH AS COMPUTER OR DEVICE USE, AND OCCASIONAL MOVEMENT THROUGHOUT THE FACILITY.

THE ESSENTIAL FUNCTIONS OF THE POSITION CAN BE PERFORMED WITH OR WITHOUT REASONABLE ACCOMMODATION, IN ACCORDANCE WITH APPLICABLE FEDERAL, STATE, AND LOCAL LAWS, INCLUDING THE AMERICANS WITH DISABILITIES ACT (ADA).

DECLARATION:

THE HUMAN RESOURCES DEPARTMENT RETAINS THE SOLE RIGHT AND DISCRETION TO MAKE CHANGES TO THIS JOB DESCRIPTION.