Mortgage Underwriter - Temp Position (Remote - US)

About Quorum:

Quorum Federal Credit Union is an established financial institution of approximately 150 employees. We are proud of the service we provide to our 70,000 plus members, for 90 years and counting. Quorum is constantly looking for opportunities to leverage new innovations and technology to extend our businesses and create new value for our customers and partners. Every day, we use our technology and expertise to make the financial relationships with our customers safe, simple and smart. We’ve also been ranked as a Best Place to Work in NY State by the SHRM Society.

A few more cool things about Life at Quorum…

• Entrepreneurial, collaborative work environment
• True flexibility
• Growth-oriented company with career opportunities
• Top tier compensation and benefits package
• 401k with company match
• Corporate-wide commitment to training and development
• Leadership committed to transparency and engagement

The Mortgage Underwriter is responsible for underwriting all first and second mortgages within allocated approval authority.

Key Responsibilities

1. Assures that all mortgage loan files are underwritten (within level of authority) in compliance with: secondary market guidelines, specific program guidelines, credit union policies, and regulatory requirements.  

2. Reviews and evaluates loans to ensure data integrity of the loan files.

3. Monitors daily mortgage pipeline to identify areas that require intervention in order to expedite the mortgage process and takes action accordingly.

4. Works with outside vendors and service providers to facilitate the loan process.

5. Supports and fulfills Management requests related to audit preparation, sale preparation, HMDA reporting and more.

6. Functions as a business lead on departmental or organization wide projects.  Contributes expertise in his/her assigned area and executes certain deliverables on the project.  

7. Actively works with management and staff seeking process improvements to automate and/or streamline operations and maintain adequate controls.

8. Promotes and maintains a positive work atmosphere by communicating in a manner consistent with professional standards to work effectively with members, co-workers, management, partners and vendors.  

9. Keeps abreast of industry developments including, but not limited to changes in regulations and technology.  

10. Ensures adherence to company policies and procedures and Banking/Credit Union Regulations.

11. Performs additional duties as required.

Essential Skills, Knowledge and Requirements

1. Bachelor’s degree in finance, business administration or other related degree preferred.

2. Minimum of four years of related experience at a credit union, bank or other financial institution.

3. Excellent problem-solving, organizational, analytical, verbal and written communication skills.

4. Strong decision making and time management skills with the ability to manage multiple projects/duties.

5. Results driven, service oriented, self-motivated and able to work independently.

6. Detailed knowledge of secondary market guidelines. Some knowledge of regulatory guidelines and issues.

7. Complies with all requirements for Mortgage Loan Originators set forth in the SAFE Act, including, but not limited to successful completion of the required background checks and obtaining a Unique Identifier from the NMLRS.

8. Trustworthy with the ability to maintain highest level of integrity and trust.

9. Proficiency in Microsoft Office, specifically Word, Excel and PowerPoint. Related experience with loan origination systems.