Junior Mortgage Underwriter

About This Role

This role is responsible for underwriting mortgage loans in accordance with Fannie Mae, Freddie Mac, WSFS Bank policy, and WSFS Mortgage investor guidelines. The Junior Mortgage Underwriter reviews, analyzes, and renders decisions on customer applications for mortgage loans, ensuring compliance with current Bank policies as well as federal and state regulations, up to the Mortgage Underwriter

Responsibilities

• Manage individual daily underwriting pipeline workflow to ensure SLAs are met
• Remain up to date on all applicable regulatory requirements
• Remain up to date on all conventional underwriting guidelines
• Ensure department procedures are kept up to date
• Handle underwriting questions from internal partners across all departments
• Ensure the underwriting team maintains acceptable quality control results

Requirements

• 3 years of Mortgage Underwriting or Processing experience
• Practical knowledge of loan documents and FHLMC/FNMA and portfolio lending practices
• Knowledge of State and Federal agency regulatory policies and procedures
• Knowledge of Desktop Underwriter and Loan Prospector
• Knowledge of income calculations for all income sources
• Proficient at building internal and external relationships
• Strong verbal and written communication skills
• Highly organized and able to prioritize
• Strong analytical and problem-solving skills
• Able to work in a fast-paced environment
• Proficient with Excel

Nice to have:

• Prior experience with Encompass

Benefits

• Discretionary and formula-based incentive and retention awards
• Medical, dental, and vision coverage
• 401(k) plan
• Life, accident, and disability insurance
• Flexible spending accounts (FSAs)
• Health savings accounts (HSAs)
• Wellness programs
• Paid parental leave
• Military leave
• Vacation and other paid time off
• Sick leave in accordance with applicable state laws
• Paid holidays

About the Company

WSFS Bank empowers its Associates to grow their careers, guides customers to secure their financial futures, and actively supports its Communities. It is the region's locally headquartered bank and wealth management company.