Underwriter

Summary

Join Kiavi, a leading private lender for residential real estate investors, and become an Underwriter. You will manage loans through final credit approval, collaborating with various teams. This role demands strong credit training, organizational skills, and knowledge of residential lending. You will review loan files, ensure data accuracy, and maintain a smooth workflow. The position offers remote work flexibility and a competitive compensation package. Kiavi is committed to helping revitalize U.S. housing and offers a supportive team environment.

Requirements

• Education: Bachelor’s Degree or relative experience
• Experience: 3+ years residential mortgage lending experience with good knowledge of lending regulations and credit/collateral analysis practices; underwriting or processing fix & flip hard money loans a plus
• Skills/Ability: Strong written and verbal communication skills; must be able to adapt well to a fast-paced and constantly changing business environment; PC proficient at the intermediate level; comfortable with new technology systems and paperless environment, demonstrated the ability to work in a team-oriented environment; demonstrated ability to provide good customer service

Responsibilities

• Underwrite multiple mortgage loan products in compliance with company credit guidelines and regulatory requirements
• Review loan files for completeness, identify missing documentation and generate condition lists for the applicants
• Collaborate with the loan analyst and salesperson to complete the credit analysis in a timely manner
• Ensure that the correct data is entered into the loan origination system
• Responsible for reviewing and owning all loan file details prior to submission to closing manager including work done by all upstream partners
• Work with loan analyst and closers to ensure a smooth hand-off of the files occurs
• Manage constant deal flow and prioritize to ensure loans close on time with a high degree of accuracy in a deadline-oriented environment
• Identify and report any suspected fraudulent activity occurring with any stakeholder and escalate issues to the appropriate management when necessary
• Keep abreast of all company policies and procedures as well as federal and state regulatory changes by participating in in-house training events
• Proficient in pipeline management

Benefits

• Medical, Dental, and Vision Insurance: Kiavi offers free employee-only coverage for medical, dental, and vision plans. Dependents receive a heavily discounted premium, competitively placed in the 90th percentile for cost
• Health Savings Account (HSA): For those enrolled in a High Deductible Health Plan (HDHP), Kiavi provides an annual employer contribution to HSAs: $500 for individual coverage and $1,000 for dependents
• Disability and Life Insurance: Immediate access to short-term and long-term disability insurance, as well as group life and AD&D insurance, with coverage at 1x annual salary
• Remote Work Policy: Kiavi supports working remotely for day to day activities for most roles and occasionally may ask employees to gather in person for key meetings, trainings, team building etc. For remote workers, Kiavi offers a one-time office setup reimbursement of up to $500 and a monthly $85 stipend for internet and phone expenses. For in-office workers, Kiavi offers employer contributions to commuter benefits account, either for parking or public transportation
• Flexible Time Off: Employees are empowered to manage their own time off, with no strict limits, as long as it's approved by their manager
• Paid Leaves: Up to 8 weeks of paid leave for medical or caregiver purposes, and 12 weeks of paid maternity/paternity leave. Short-term disability leave is also available for birthing mothers
• 401(k) & Company Match: A 401(k) plan managed by Fidelity, with Kiavi matching 100% of contributions up to 3% of compensation or $6,000 (whichever is less). All employer contributions are immediately vested