Underwriting Supervisor – Chase Mortgage Banking
Status:Full Time, Employee
Job Ref Code:120013647
Job Location:Chicago, Il 60603
As an Underwriting Supervisor, you will provide leadership, guidance, and support to Senior Underwriting team. You are responsible for meeting and exceeding company standards for productivity, quality, time in process and customer satisfaction. You will interpret and implement underwriting guidelines for Prime. The Supervisor sets Performance Plans to achieve monthly and annual goals. You will develop the skills of subordinates through goal-setting, delegation, training, counseling and performance management. You are the highest-level underwriter designation within the underwriting team. In this role, you will underwrite and review submitted files to analyze for Capacity, Capital, Character and Condition. This includes ensuring that loan requests meet program and product specifications or counteroffer to a different product and/or program when appropriate. In addition, you will communicate decision (approval, suspense, denial) to appropriate individuals within JPMorgan Chase, uphold fair lending practices of JPMorgan Chase Mortgage, meet targets for productivity, quality and customer satisfaction, and perform second review of contract underwritten denials from all areas.
- 5+ years experience as an underwriter (conventional, government)
- 7 + years mortgage experience
- 5+ years mortgage/underwriting supervisory experience
- College degree preferred
- Excellent analytical and decision making skills
- Strong verbal and written communication skills
- Strong negotiation skills
- Thorough knowledge of MI policies
- Strong supervisory skills within home lending department
- Thorough knowledge of complex personal and business financial analysis and an expertise in tax return and balance sheet analysis, including both cash flow and AGI methods
- Knowledge and proficiency in all levels of mortgage underwriting including Government, Agency, Jumbo and Super Jumbo lending
- All government designations preferred (FHA DE, VA Auto, VA Lapp)
JPMorgan Chase offers an exceptional benefits program and a highly competitive compensation package.
JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V.
JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V.