Mortgage Underwriter - Remote

Who is Quorum

Quorum Federal Credit Union is a modern financial services organization that blends over 90 years of trusted experience with innovative, technology-driven solutions. As a nationally recognized employer of choice (we’re Great Place to Work Certified™ and a Fortune Best Workplace in the Country!), we attract and develop top talent, empowering our team to drive the organization forward. We’re a human-centered company, committed to creating a positive and enriching work journey while supporting the personal and professional growth of our employees. We appreciate what employees do every single day and stand by our Employee Value Proposition of “Opportunity, Flexibility, Fun. A Career That’s Good. For You.”

Job Description Summary

The Mortgage Underwriter is responsible for underwriting all first and second mortgages within the allocated approval authority. The Mortgage Underwriter reviews the credit, collateral, income, and assets as well as conveying accurate lending decisions to ensure the ability and intent to repay is maintained. The Mortgage Underwriter will report to the Mortgage Underwriting Team Lead.

Key Job Responsibilities and Accountabilities

Job Requirements, Competencies, and Skills

• Bachelor’s degree in finance, business administration or other related degree preferred.
• Minimum of seven years of comprehensive mortgage underwriting experience at a credit union, bank, or other financial institution is required. This must include the ability to assess risks associated with first mortgages and self-employment income, as well as the ability to review financial documents including: tax returns; bank statements; and credit reports to accurately determine loan eligibility and repayment capacity.
• Excellent problem-solving, organizational, analytical, verbal, and written communication skills.
• Strong decision making and time management skills with the ability to manage multiple projects/duties.
• Results driven, service oriented, self-motivated and able to work independently.
• Detailed knowledge of secondary market guidelines. Some knowledge of regulatory guidelines and issues.
• Complies with all requirements for Mortgage Loan Originators set forth in the SAFE Act, including, but not limited to successful completion of the required background checks and obtaining a Unique Identifier from the NMLRS.
• Trustworthy with the ability to maintain highest level of integrity and trust.
• Proficiency in Microsoft Office, specifically Word, Excel, and PowerPoint. Related experience with loan origination systems.

Environmental / Physical / Mental Requirements

• Stable internet connection with speeds high enough for video conferencing and screen sharing
• Smartphone with current iOS/Android OS
• Prolonged periods sitting at a workstation and working on a computer
• Ability to communicate with coworkers and customers via email, chat, teleconference, and/or phone

Compliance/legal requirements

• Quorum is an Equal Employment Opportunity and Affirmative Action Employer. Qualified applicants will be considered for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, marital status, protected veteran status, or disability status.
• Quorum will make reasonable accommodations in compliance with the Americans with Disabilities Act of 1990. Reasonable accommodations are available upon request for qualified individuals with disabilities throughout the application and employment process.
• Qualified Applicants with arrest or Conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

**PLEASE NOTE**

We are not able to consider candidates for this role who reside in Montana, Nebraska, Rhode Island, or Puerto Rico

Salary Range: $75,000 to $85,000 annually. Individual salary will vary based on skills and experience. Discretionary incentive compensation may be available based on company and individual performance.

Benefits: Medical, Vision, Dental, Retirement Benefits, and Paid Time Off (PTO)

#LI-Remote

Experience

• 7 year(s): Minimum of seven years of comprehensive mortgage underwriting experience at a credit union, bank, or other financial institution is required. This must include the ability to assess risks associated with first mortgages and self-employment income, as well as the ability to review financial documents including: tax returns; bank statements; and credit reports to accurately determine loan eligibility and repayment capacity.

Education

• High School or better

• Bachelors or better in Finance or related field

Licenses & Certifications

• Nat. Mortg. Lic. System

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)