Job description
JOB TITLE: Senior Loan Underwriter (Senior Program Manager) DEPARTMENT: Lending/Servicing
REPORTS TO: Deputy Director of Mortgage Operations
FLSA: Exempt
SALARY RANGE: $83,000 - $93,000
About the Center
The Center for New York City Neighborhoods, Inc. (the “Center”) is a not-for-profit that promotes and protects affordable homeownership so middle- and working-class families can build strong, thriving communities. We meet the diverse needs of homeowners by offering free, high-quality housing counseling and services, coordinating a network of service providers across the city, and providing free or low-cost loans for homeownership.
Through its work, the Center supports and expands homeownership across New York by developing programs that focus on underserved communities. We have successfully delivered over $500 million to homeowners in several state-wide interventions, in response to physical, financial, and health crises, working with both the city and state to expand protections for New Yorkers. By helping homeowners individually and systematically, the Center achieves lasting change. To date, the Center, together with its partners, has helped more than 250,000 low- and moderate-income (LMI) families with a median annual income of $46,000 keep their homes and gain financial stability, preserving over $10 billion in neighborhood property value across New York.
Position Summary
The Center is hiring a Senior Loan Underwriter (Senior Program Manager) to join a team dedicated tohelpingmiddle- and working-class homeowners sustain affordable homeownership throughoutthe Stateof New York. The candidate we are seeking to fill this position will play anintegral role in the manualunderwriting procedure. They will ensure the required loandocuments are in the file and meet loanprogram guidelines. They will also drive compliance with state and federal lending regulations.
In addition to facilitating the mortgage loan underwriting process, the ideal candidate willalso be drivento support the mission of helping homeowners successfully navigate through a broad range of V
homeownership affordability issues, including, but not limited to, foreclosure prevention, scam prevention, coastal recovery, and resiliency.
This is a full-time, exempt position. This is a hybrid role intended for candidates within commuting distance from our office and requires 3 days on-site, in office.
Responsibilities include, but are not limited to:
● Maintain established underwriting department SLAs
● Maintain knowledge of credit underwriting and program guidelines and staycurrent with departmentrequirements
● Demonstrable knowledge of relevant lending laws and regulations includingCFPB rules
● Underwrite to program guidelines including SONYMA, FNMA, and Freddie Mac
● Support the Deputy Director of Mortgage Operations with tracking and reporting end-to-endpipelinemanagement
● Knowledge of RESPA/TRID/REG Z and fair lending compliance requirements
● Approve, decline, or suspend/return residential mortgage loan submissions
● Meet KPI’s as set by management for underwriting units, coordinating with the Senior ProgramAssociate to expedite units, and working closely with the closing Senior Program Manager to expediteclosings
● Assist in correction of title violations on specific files as required
● Enter complete and accurate data in systems to ensure data integrity
● Review credit report for accuracy against borrower’s listed liabilities on URLA,fraud, and credit analysis
● Ensure on purchase transactions, an expedited review is done to meet contractof sale deadlines
● Maintain and prepare pipeline reports for senior management asrequired
● Measure all mortgage loan submissions for underwriting decisions based oncompany quality controlplans and investor/regulatory compliance
● Provide prompt, quality service to homeowners, housing counselors, and other externalpartners in afriendly and professional manner
● Able to coordinate, organize, prioritize and execute multiple responsibilities in afast-paced setting
● Assist with closing, loan intake, and QC checks as needed
● Other duties as required
Skills & Qualifications
● Ability to read, understand, and interpret mortgage loan documents
● Ability to work independently and also as part of a team
● Ability to understand real estate finance and mortgage terminology
● Advanced analytical skills
● Knowledge of mortgage loan closing policies, procedures, and documentation
● Moderate PC skills, including Google Suite and Microsoft Office software
● Passionate about promoting affordable homeownership, thriving and equitable New York neighborhoods
● Able to coordinate, organize, prioritize, and execute multiple responsibilities in a fast-paced setting
● Familiarity with Byte or comparable Loan Origination Software and Salesforce
Education, Training & Experience
● Bachelor’s degree or commensurate experience in residential mortgage underwriting
● Training in the areas of mortgage lending and closings
● At least 10 years of experience working as a residential mortgage underwriter orunderwriting managerfor a bank, credit union, or mortgage lender or not-for-profitlending CDFI
Values
● Demonstrate Ownership by showing initiative, active problem solving, being solution-oriented, acting conscientiously, and putting team results above individual accomplishments ● Demonstrate Growth Mindset through resilience, humility, engaging in expansive thinking, and showing curiosity and openness to learning
● Work Collaboratively by demonstrating the ability to work in teams, exhibiting emotional intelligence, and having positive energy
Salary
We offer a competitive salary and a comprehensive benefits package.
Application
This is a full-time, exempt position. This is a hybrid role intended for candidates within commuting distance from our office and requires 3 days on-site, in the office.
To apply for this position, please submit your resume, cover letter with salary requirements, and 3 work-related professional references with reference contact information through our website, cnycn.org.
Only those candidates selected for an interview will be contacted. Applicant review will continue until the position is filled.
The Center strongly encourages Section 3 residents to participate in this hiring effort. Information to determine if you are a Section 3 resident can be obtained by contacting[email protected].
Persons requiring reasonable accommodation to participate in this hiring effort are requested to contact: [email protected].
We thank you for your interest in career opportunities with the Center for NYC Neighborhoods. The Center for NYC Neighborhoods is an equal opportunity employer. We recruit, hire, upgrade, train, and promote for all positions and job classifications without regard to race, color, religion, creed, gender, national origin, age, physical or mental disability, marital status, veteran or disabled veteran status, sexual orientation, or any other status as a member of any other legally protected group or activity.
To learn more, visit cnycn.org
