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At Liberty, we strive to maximize our impact and exceed goals by investing in our teammates to deepen our relationships in the workplace and communities we serve. We take pride in promoting a socially responsible and sustainable future through initiatives and investment.

OVERALL OBJECTIVE:

Reporting to the Credit Risk Manager, the incumbent is responsible for preparing and underwriting complete loan packages of first mortgage residential loans including conventional and portfolio non-construction loans as well as all consumer loans including Home Equity Credit lines, Home Equity Fixed loans and Overdraft Lines of Credit, underwriting files within established guidelines, complying with all investor and regulatory requirements and ensuring that documents conform to established guidelines.

ESSENTIAL FUNCTIONS:

• The Underwriter compiles information and data into a completed loan package.

• Is thoroughly knowledgeable of Bank and investor guidelines for consistency of underwriting within the department, and verifies that supporting documents and loan applications conform to such guidelines.

• Performs thorough analyses of credit documentation and appraisals to assess borrowers' credit-worthiness, and assesses collateral risk.

• Independently handles customer financing requests on all loan types.

• Approves applications within underwriting authority.

• Identifies problem situations, and acts proactively to resolve situations by securing additional documentation. Deals with vendor applications related to High Priced loans and potential fraud and resolved these issues prior to decisioning.

• Responsible for ensuring that all work is completed in conjunction with all regulatory requirements in a timely efficient manner and that appropriate risk analysis is performed.

• Ensures compliance of files assigned for either underwriting or data integrity review within bank underwriting guidelines as well as with FNMA/FHLMC.

• Accurately inputs data into origination system, and maintains an up-to-date database. Ensures the timely and accurate entry of HMDA and CRA data in the loan operating system.

MINIMUM KNOWLEDGE/SKILLS:

• Bachelor's Degree or five year or more years underwriting or applicable retail lending experience.

• Exhibit strong knowledge of Secondary Market (FHLMC, FNMA)and regulatory requirements including RESPA, ECOA, and HMDA as well as collateral review and assessment

COMPLIANCE:

Adheres to applicable federal and state regulations and Bank policies and procedures, including OFAC, BSA, PATRIOT Act, Privacy, and consumer protection regulations pertaining to incumbent’s business line.

Completes required training (on-line and in-person) by set due dates.

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Job Details

Job Family Lending

Job Function Staff

Pay Type Hourly