LakeForestRecruiter Since 2001
the smart solution for Lake Forest jobs

VP, Underwriting

Company: loanDepot
Location: Lake Forest
Posted on: May 5, 2021

Job Description:

Our Operations team is the grease for our wheels. We have a strong ecosystem at loanDepot, and it all revolves around providing the tools to ensure success in every role. Our operations teams which can include Processing, Underwriting, Funding and more, are all invaluable pieces of the mortgage lending puzzle. We warrant a positive culture, promote teamwork & are continuously striving to take care of both our valued borrowers & our extraordinary employees.Come join us!loanDepot We are Americas Lender.Position Summary:Responsible for overseeing the Regional Underwriting Managers and/or Underwriting Managers aligned with a specific division or area of the underwriting department. Manages the teams and provides guidance in production, quality, and performance management in partnership with senior leaders based on direction from the SVP, Operations or SVP, Underwriting. Ensures the performance of all duties in accordance with the companys policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.Responsibilities:

  • Creates and employs consistent practices within day-to-day operations across a specified division or area of the Underwriting Department.
  • Manages division or area underwriting turn times along with Regional Underwriting Managers and Underwriting Managers.
  • Oversees performance management for the department in conjunction with Regional Underwriting Managers and Underwriting Managers.
  • Ensures that underwriting decisions are sound and within the scope of good business practices and company policies.
  • Works with Operations and Sales partners in the development and support of the area and/or division.
  • Works with the QC Department reviewing and reconciling Deficiency Review(s) from investors.
  • Handles escalated issues for the division or area of the Underwriting Department, prior to upper managements involvement.
  • Evaluates and examines escalated transactions to ensure accuracy and completeness.
  • Escalates issues to SVP, Underwriting or SVP, Operations when appropriate.
  • Performs other duties and projects as assigned.Requirements:
    • High School Degree or equivalent required and a minimum of eight (8) + years of FHA, VA, and Conventional underwriting experience in the mortgage lending industry.
    • Minimum of five (5) + years of leadership experience required.
    • Valid and current FHA Direct Endorsement (DE) and SAR Certifications preferred.
    • Proficiency running and interpreting automated underwriting system (AUS) recommendations required.The Perks:
      • Competitive compensation reliant on ability & experience
      • Excellent benefits package including multiple health, dental & vision options
      • Company paid life and AD&D Insurance, as well as additional voluntary benefit possibilities
      • 401K with robust company match
      • 15+ PTO days, in addition to 8 paid company holidays
      • The opportunity to work for Americas Lender under the vision of industry legend, Anthony HsiehWe are an equal opportunity employer and value diversity in our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.#LI-ACPM17

Keywords: loanDepot, Lake Forest , VP, Underwriting, Executive , Lake Forest, California

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Log In or Create An Account

Get the latest California jobs by following @recnetCA on Twitter!

Lake Forest RSS job feeds