| Loan Underwriting Director Job Description |
 |
| The following is a full job description for Loan Underwriting Director. Here are the requirements and responsibilities for Loan Underwriting Director along with statistics. If after reading this page you determine that Loan Underwriting Director is not the position you are looking for, you may want to try one of these similar titles: Life Underwriting Director, Loan Underwriting Manager II, Life Underwriting Manager, Loan Underwriting Manager I, Underwriting Assistant, Underwriting Manager, Underwriting Senior Manager, Loan Underwriting Supervisor, Loan Processing Quality Analyst I |
|
| Requirements and Responsibilities For Loan Underwriting Director |
| Plans and directs the underwriting function that evaluates the risk of loan and credit applications against the firm's objectives and borrowing guidelines using analysis and assessment of creditworthiness criteria. Reviews the applicant's financial status, documents, data, and applicable collateral. Makes approval, rejection, or modification decisions based on underwriting guidelines and established approval limits. May present to a loan committee. Defines the loan structure consisting of interest rates, repayment terms, and allowed loan amounts. Complies with all federal regulations, state laws, and internal policies related to lending. Responds to escalations of non-conforming loans that require approval review using an exception process. Requires a bachelor's degree. Typically reports to senior management. Manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. |
| |
|
| Also referred to as: Loan Underwriting Director |
|
| Similar Jobs: Life Underwriting Director, Loan Underwriting Manager II, Life Underwriting Manager, Loan Underwriting Manager I, Underwriting Assistant, Underwriting Manager, Underwriting Senior Manager, Loan Underwriting Supervisor, Loan Processing Quality Analyst I |
|
| Level of Education: Loan Underwriting Director Salaries with a Bachelor's Degree, Loan Underwriting Director Salaries with a Master's Degree or MBA, Loan Underwriting Director Salaries with a JD, MD, PhD or Equivalent |
|
|
| Industries: Business Services, Edu., Gov't. & Nonprofit, Financial Services | |
