Underwriting Team Lead

Summary

Join Mutual of Omaha Mortgage, a Fortune 300 company, as an Underwriting Team Lead and play a pivotal role in our mortgage operations. This full-time remote position offers a fantastic work-life balance and involves overseeing policy and procedure development, driving system and technology advancements, and managing complex loan scenarios. You will review and analyze loan applications, make informed decisions on loan approvals and denials, provide feedback to loan officers, collaborate with the processing team, and stay updated on industry changes. This role also includes supervising a team of 10-12 DE underwriters, assisting in their training, and participating in team meetings. Mutual of Omaha Mortgage offers an extensive compensation package including medical, dental, vision, life insurance, 401k, and additional benefits.

Requirements

• A minimum of 2 years of experience as a Mortgage Underwriting Supervisor
• DE (Direct Endorsement) certification
• Proficiency in underwriting FHA reverse mortgages and reverse proprietary products
• Strong knowledge of mortgage industry regulations and guidelines
• Proven experience in reviewing and analyzing complex financial documents
• Exceptional decision-making skills with the ability to make sound judgments under pressure
• Excellent communication and interpersonal skills, with a proven ability to work effectively within a remote team
• Strong organizational skills with the ability to handle multiple tasks simultaneously
• Proficiency in using mortgage loan software and other related computer applications
• Self-directed; ability to proactively ask questions and resolve issues/ concerns
• Strong attention to detail and problem solving abilities

Responsibilities

• Reviewing and analyzing loan applications and supporting documents to ensure they meet company and industry standards
• Making informed decisions on loan approvals and denials based on thorough analysis and in compliance with company policies and federal regulations
• Providing detailed feedback to loan officers and processors to ensure the mortgage process runs smoothly and efficiently
• Collaborating with the loan processing team to resolve any discrepancies or issues that may arise during the underwriting process
• Keeping informed with changes in policies and regulations that may impact the underwriting process
• Assisting in training and guiding your team of DE underwriters
• Participating in regular team meetings and contributing to the overall improvement of the underwriting process
• Supervising a team of 10-12 DE underwriters

Preferred Qualifications

Experience in a supervisory or team lead role is a plus

Benefits

• Medical, Dental, and Vision insurance
• Company paid life insurance
• 401K with a generous employer match
• Free Legal Services
• An Employee Loan Program