Patelco Credit Union
Manager, Home Loan Underwriting
Patelco Credit Union, Dublin, California, United States, 94568
About Patelco Credit Union
Patelco Credit Union is a not-for-profit credit union with a purpose to build financial health and wellbeing for our members. Since 1936, Patelco has grown from $500 in assets to over $9 billion in assets and is the 7th largest credit union in California with branches throughout Northern California.
We are here for our members throughout all their stages of life. Meeting them with the products and services to help them plan purposefully for their futures and to secure our life-long partnership as their trusted financial advocate. As one team, we are all committed to delivering service, empowering financial literacy, creating products, and providing new technology for our members.
We believe that work should be rewarding, challenging, and enjoyable. We're dedicated to creating a positive and supportive culture where our team members can thrive. If you're looking to use your skills and knowledge to make a difference in our members' lives, Patelco could be the perfect fit for you.
Overview
* Provides appropriate guidance, on-going feedback, support, and resources to improve effectiveness of individuals in meeting department production goals.* Supports the strategic direction of the Credit Union and Mortgage Lending and contributes positively to corporate and team goals.* Builds positive relationships by acting with consistent and appropriate authority.* Promotes and adheres to Credit Union standards for conduct and performance* Acts within established internal and regulatory guidelines, making justifiable exceptions, within assigned authority, as appropriate.* Ensures proper underwriting standards are implemented in order to safeguard company assets and ensure conformity for investor standards.* Stay abreast of trends in the mortgage banking and financial industries in order to effectively anticipate the market changes and opportunities, enabling orderly reaction to industry/company expansion.* Provides clear and concise information to team members and presents accurate reports to management, as required.* Is available to support staff and management and motivates employees to meet internal and external demands.* Constructs workflow to meet changing demands; works to maximize efficiency and provides team support* Participate in the implementation of advanced technology to improve underwriting and promote timely delivery to the secondary market.* Stays abreast of internal and regulatory changes, and investor guidelines that affect tasks related to the loan origination area; stays abreast of changes and deadlines affecting disclosures and 3rd party vendor requirements; establishes tracks and meets processing team and individual goals.* Provides and promotes exceptional customer service, internally and externally. Responds promptly to requests for information and other inquiries.* Underwrite loans for Credit Union employees and Board Members* Other duties as assigned
Responsibilities
* Proficient in MS Word, Excel, and Outlook.* Excellent written and verbal communication skills* Ability to lead and motivate a production team* Requires extensive knowledge of processing home loans in accordance with conventional underwriting guidelines, including knowledge of the Fannie Mae selling guide* Ability to analyze and calculate self-employed income including partnership and corporate returns* Able to thoroughly review mortgage credit applications and appropriately assess the risk to the Credit Union and/or Investor(s)
Qualifications
* High School Diploma; some college preferred.* 5+ years management experience, with 3+ years managing a mortgage underwriting team* 7-10 years' experience working in a mortgage origination environment* Experience processing and underwriting FHA, VA (LAPP/DE) or constructions loans preferred.* May experience occasional travel for training and conferences
Target Base Pay
$98,986 - 123,736/year
Compensation at Patelco
Please note that the salary information is a general guideline only. Patelco Credit Union considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as market and business considerations when extending an offer. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.
We Offer
Physical Health:
* Exceptional Medical, Dental, Vision, and Life Insurance benefits* Onsite fitness center at HQ and rewards for completing wellness related activities
Financial Health:
* Competitive compensation packages with bonus opportunity* 401(k) with 3% Safe Harbor and 5% employer match* Discounts on loan products* Tuition reimbursement
Emotional Health:
* Employee Assistance Program (EAP)* PTO for part-time and full-time positions* Paid holidays
Personal Development:
* On-the-job training and skills development* Internal transfer opportunities for career growth* Volunteer work
Flexible work arrangements available for specific positions
Patelco Credit Union is an Equal Opportunity Employer including individuals with disabilities and protected veterans
IND123
Patelco Credit Union is a not-for-profit credit union with a purpose to build financial health and wellbeing for our members. Since 1936, Patelco has grown from $500 in assets to over $9 billion in assets and is the 7th largest credit union in California with branches throughout Northern California.
We are here for our members throughout all their stages of life. Meeting them with the products and services to help them plan purposefully for their futures and to secure our life-long partnership as their trusted financial advocate. As one team, we are all committed to delivering service, empowering financial literacy, creating products, and providing new technology for our members.
We believe that work should be rewarding, challenging, and enjoyable. We're dedicated to creating a positive and supportive culture where our team members can thrive. If you're looking to use your skills and knowledge to make a difference in our members' lives, Patelco could be the perfect fit for you.
Overview
* Provides appropriate guidance, on-going feedback, support, and resources to improve effectiveness of individuals in meeting department production goals.* Supports the strategic direction of the Credit Union and Mortgage Lending and contributes positively to corporate and team goals.* Builds positive relationships by acting with consistent and appropriate authority.* Promotes and adheres to Credit Union standards for conduct and performance* Acts within established internal and regulatory guidelines, making justifiable exceptions, within assigned authority, as appropriate.* Ensures proper underwriting standards are implemented in order to safeguard company assets and ensure conformity for investor standards.* Stay abreast of trends in the mortgage banking and financial industries in order to effectively anticipate the market changes and opportunities, enabling orderly reaction to industry/company expansion.* Provides clear and concise information to team members and presents accurate reports to management, as required.* Is available to support staff and management and motivates employees to meet internal and external demands.* Constructs workflow to meet changing demands; works to maximize efficiency and provides team support* Participate in the implementation of advanced technology to improve underwriting and promote timely delivery to the secondary market.* Stays abreast of internal and regulatory changes, and investor guidelines that affect tasks related to the loan origination area; stays abreast of changes and deadlines affecting disclosures and 3rd party vendor requirements; establishes tracks and meets processing team and individual goals.* Provides and promotes exceptional customer service, internally and externally. Responds promptly to requests for information and other inquiries.* Underwrite loans for Credit Union employees and Board Members* Other duties as assigned
Responsibilities
* Proficient in MS Word, Excel, and Outlook.* Excellent written and verbal communication skills* Ability to lead and motivate a production team* Requires extensive knowledge of processing home loans in accordance with conventional underwriting guidelines, including knowledge of the Fannie Mae selling guide* Ability to analyze and calculate self-employed income including partnership and corporate returns* Able to thoroughly review mortgage credit applications and appropriately assess the risk to the Credit Union and/or Investor(s)
Qualifications
* High School Diploma; some college preferred.* 5+ years management experience, with 3+ years managing a mortgage underwriting team* 7-10 years' experience working in a mortgage origination environment* Experience processing and underwriting FHA, VA (LAPP/DE) or constructions loans preferred.* May experience occasional travel for training and conferences
Target Base Pay
$98,986 - 123,736/year
Compensation at Patelco
Please note that the salary information is a general guideline only. Patelco Credit Union considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as market and business considerations when extending an offer. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.
We Offer
Physical Health:
* Exceptional Medical, Dental, Vision, and Life Insurance benefits* Onsite fitness center at HQ and rewards for completing wellness related activities
Financial Health:
* Competitive compensation packages with bonus opportunity* 401(k) with 3% Safe Harbor and 5% employer match* Discounts on loan products* Tuition reimbursement
Emotional Health:
* Employee Assistance Program (EAP)* PTO for part-time and full-time positions* Paid holidays
Personal Development:
* On-the-job training and skills development* Internal transfer opportunities for career growth* Volunteer work
Flexible work arrangements available for specific positions
Patelco Credit Union is an Equal Opportunity Employer including individuals with disabilities and protected veterans
IND123