High Net Worth Wealth Management Business Underwriter

Summary

Join Sutherland Mortgage Services Inc. as a High Net Worth Wealth Management Business Underwriter! In this role, you will review and analyze credit and collateral documents for high-value residential mortgages, making lending decisions based on program guidelines. You will perform detailed financial analysis, confirm loan calculations, and provide written summaries of your findings. This position offers a competitive salary of $90,000-$100,000 per year with overtime eligibility. The ideal candidate possesses extensive mortgage underwriting experience, strong analytical skills, and excellent communication abilities. Sutherland offers a supportive and inclusive work environment.

Requirements

• Minimum of 8 years current mortgage underwriting experience, jumbo mortgage preferred
• BA/BS degree, equivalent education and experience may be considered
• Ability to interact with all levels of staff and management, and communicate effectively with both internal and external customers
• Excellent organizational skills with attention to detail
• Ability to prioritize workload and meet deadlines, to multitask, problem-solve proactively, and think creatively
• Advanced tax return analysis skills
• Experienced residential appraisal review
• Knowledge of the requirements to meet CFPB's Ability to repay standard

Responsibilities

• Review and analyze all credit and collateral documents
• Issue lending decisions based on the documented borrower profile within the program guideline requirements
• Perform high quality jumbo residential mortgage file analysis
• Confirm the calculations used to decision the loan such as DTI, LTV, and Reserves
• Provide a written summary of loan findings which summarize loan characteristics in the areas of credit, income, assets, collateral, and the overall transaction
• Review credit reports to determine credit pattern, current liabilities, outstanding judgments and collections
• Review residential mortgage appraisal forms
• Analyze asset statements for all types of asset accounts
• Analyze income from salaried, commissioned, self-employed, investments, fixed income sources
• Determine monthly income based on bank statements and/or asset depletion
• Knowledge of the requirements to meet CFPB's Ability to repay standard
• Provide a written summary of loan details which clearly documents any exceptions to company guidelines and appropriate compensating factors

Preferred Qualifications

Jumbo mortgage underwriting experience

Benefits

• $90-$100,000 per year salary
• Overtime eligible