Responsibilities include but are not limited to:

Comprehensive review of collateral and all property elements.
Ensure portfolio and investor compliance.
Ensure credit policy and procedures are followed.
Generate self employed income through tax return analysis.
Clearly document underwriting decision.
Prepare customer commitments to be issued detailing additional conditions.

Requirements:

Required Skills:

Demonstrated strong knowledge of underwriting self employed individuals.
Demonstrate full knowledge of collateral and appraisal understanding and have experience with unique properties.
Full knowledge of condominiums and cooperative lending.
Ability to prioritize tasks and handle multiple tasks simultaneously.
Good verbal and written communication skills. Ability to effectively present information in one-on-one and small group situations.
May be required to lift loan files up to 10 pounds.

Required Experience:

High School Diploma or GED and a minimum of five years non-conforming/portfolio underwriting experience.
Associate's Degree preferred.

Additional Details : The Portfolio Underwriter will review first mortgage and home equity loans for credit decisions.

Pay Transparency In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.

Valley National Bank

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Portfolio Underwriter