Essential Duties and Responsibilities

• Underwrites credit package and makes loan decisions for residential lending applications up to the loan amount authority established by the Raymond James Bank Board of Directors.
• Underwrites credit package and prepares recommendation for presentation to Loan Committee, ensuring compliance with Raymond James Bank, state, federal and if applicable, agency and investor guidelines.
• May reviews and analyze real estate appraisals for acceptance in connection with residential loan transactions.
• Maintains knowledge of Raymond James Bank loan programs, as well as secondary market investors’ underwriting/documentation requirements.
• Interacts professionally with clients, associates and financial advisors to provide professional client service upholding the Service 1st philosophy.
• Obtains, prepares, and reviews documents for origination and processing phases of residential loans.
• Coordinates the approval of underwriting conditions/exceptions. Reviews the file prior to closing.
• Analyzes tax returns and financial statements and review title commitments.
• Exercises independent judgment allowing for minimal supervision of work functions while working directly with Lending Manager(s).
• May interact with mortgage insurance company liaisons to approve high loan-to-value loans.
• Reviews and analyzes procedures surrounding more efficient and cost-effective ways of handling workflow.
• Adheres to  policies as established by management
• Provides information and assistance to loan applicants, as well as interacts with CPA’s, financial advisors, and other parties to complete the transaction when necessary.
• Perform day-to-day monitoring of underwriting file workflow to ensure the expectations of clients, financial advisors, partners including sales, processing, support staff and vendors are met.
• Keeps management apprised of workflow, and special project developments. Communicates and coordinates changes in policy and procedures that affect other partners/departments.
• Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities:

• Data analysis.
• Critical thinking, problem solving, creativity.
• Organizational skills, including a high level of accuracy and attention to detail.
• Effective oral and written communications sufficient to convey details on various mortgage loan products and processes.
• Word processing, spreadsheet and typing sufficient to produce spreadsheets with basic formulas.
• Operating standard office equipment and using required software applications.
• Bachelors degree and a minimum of six (6) years of residential mortgage underwriting experience.

This is the pay range that Magnit reasonably expects to pay for this position: $35.25/hour - $47.00/hour

Benefits: Medical, Dental, Vision, 401K