Underwriter/ Mortgage Credit Analyst

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Location: Skokie, IL
Status: Full Time
Travel: Minimal

SUMMARY

Responsible for reviewing and analyzing customer financial documentation and propose solutions to assist customers in obtaining and/or retaining commercial property ownership.

 

ESSENTIAL DUTIES & RESPONSIBILITIES

The essential duties and responsibilities may include the following. Other duties may be assigned.

  • Apply knowledge of mortgage servicing process and/or credit underwriting guidelines.
  • Identify and source new transactions from potential borrowers and brokers.
  • Develop marketing materials and help coordinate outreach programs.
  • Screen potential customer leads and manage ongoing pipeline reporting.
  • Review loan applications and data tapes.
  • Work with customers to compile underwriting and due diligence items.
  • Perform due diligence activities when underwriting.
  • Develop and present credit memos for loan committee approval.
  • Provide exceptional customer service through verbal and written communication.
  • Perform other related duties or special projects as assigned.
  • Exercise discretion and independent judgment to complete work assignment.
  • Balance the need for loan-volume growth with the equally important necessity of optimum underwriting quality to minimize risk while maximizing profitability.
  • Ensure loan submittals met internal and external eligibility requirements. 
  • Provide meticulous attention to detail in underwriting mortgages.
  • Evaluate the financial strength of borrowers to determine risk and repayment capacity.
  • Leverage knowledge of loan products to help restructure turned-down loans for subsequent approvals.
  • Maintain compliance with lending, underwriting and government requirements.
  • Demonstrate excellent follow-through with borrowers, loan processors, loan originators and management throughout all phases of the underwriting process.
  • Act as a support system for the Loan Officers.
  • Manage Owner’s schedule; coordinate travel and attendance for networking events on Owner’s behalf.

 

EDUCATION & EXPERIENCE

Required:

  • High School Diploma or equivalent.
  • One-plus year(s) of underwriting and/or processing and/or mortgage credit analyst experience within the real estate industry.
  • Customer service and/or cold calling experience in an office environment.
  • Proficient in MS Office.

Preferred:

  • Bilingual in Spanish.
  • Three-plus year(s) of underwriting and/or processing and/or mortgage credit analyst experience within the real estate industry.
  • Commercial real estate background.
  • Demonstrated ability to problem solve with minimal direction and supervision; solution focused.
  • Proactive, dedicated, resourceful, innovative, responsible; a “no excuses” mentality.
  • Customer service oriented.
  • Strong written and verbal communication skills.
  • Ability to work under strict timelines and be able to manage large amounts of data in an organized fashion.