Mortgage Senior Underwriter
M&T BankSalary not specified
Full Time
Senior (5 to 8 years)
Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Mortgage, Fintech, SaaSIndustries
Requirements
The ideal candidate possesses expert-level knowledge of the entire mortgage lending process, detailed underwriting knowledge specific to loan requirements, and a comprehensive understanding of federal, state, and regulatory guidelines related to residential mortgage lending. They should have 10+ years of experience in underwriting and managing underwriting teams across diverse loan types, including Conventional, Jumbo, NON-QM, and GOVT, for both purchase and refinance transactions. A proven track record in developing underwriting workflows, SOPs, SLAs, and QC measures is required. The candidate must be a visionary leader comfortable operating in a highly regulated industry while optimizing for performance, with a compliance-first lens. They should also be proficient in building scalable software-first solutions and have the ability to oversee numerous third-party fulfillment partners, ensuring high quality and on-time originations.
Responsibilities
The Mortgage Underwriting Manager will develop and implement underwriting workflows, SOPs, SLAs, and QC measures to ensure high-quality and efficient loan underwriting. They will regularly access and enhance underwriting systems for smooth file flow, high quality, regulatory compliance, and efficiency. This role involves overseeing day-to-day operations with fulfillment partners, ensuring consistent loan delivery, and defining and monitoring productivity standards and performance goals. The manager will conduct second-level reviews, handle exceptions, and manage escalations for quality control. They will act as a subject matter expert, aiding decision-making and driving product improvement, while working closely with internal teams, partners, and engineering to optimize the fulfillment infrastructure. Additionally, they will provide technical and guideline training, recommend areas of improvement, and conduct ongoing training as needed, while maintaining a comprehensive understanding of mortgage origination and regulations to ensure compliance.
Skills
Mortgage Underwriting
Loan Origination
Workflow Development
Standard Operating Procedures (SOPs)
Quality Control
Regulatory Compliance
Federal Guidelines
State Guidelines
Residential Mortgage Lending
Scalable Systems
API Integration
Risk Management
Process Optimization
Pylon
Digital mortgage integration platform for businesses
About Pylon
Pylon Lending provides a digital mortgage infrastructure that allows businesses to integrate mortgage services into their products efficiently. Their platform offers APIs and pre-built UI components, enabling clients, mainly in the financial and real estate sectors, to embed a complete digital mortgage experience with minimal coding. Unlike traditional mortgage services that require extensive infrastructure, Pylon offers a customizable Software Development Kit (SDK) that covers the entire mortgage origination process, from application to closing. This approach helps clients save time and reduce costs. Pylon's goal is to simplify the mortgage process for businesses, allowing them to launch new mortgage products quickly while enhancing customer satisfaction.
New York City, New YorkHeadquarters
2022Year Founded
$8.3MTotal Funding
SEEDCompany Stage
Fintech, Financial ServicesIndustries
11-50Employees