Company: Wescom Credit Union
Posted on: March 22, 2020
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applicationCurrent Wescom Employees: Please visit the Career Center
in Workday to search and apply for a current job opening.We value
and rely on the unique talents and contributions of our employees
to absolutely excel in member engagement by Delivering Signature
Responsible for the accurate and timely underwriting of real estate
requests: 1st mortgage loans (purchase and refinance transactions)
as well as home equity products (loans and lines of credit).
Ensures real estate requests satisfy guidelines set by Wescom
Credit Union, its investors (i.e. Fannie Mae, Freddie Mac, and
Charlie Mac), and its business partners (i.e. mortgage insurance
providers). Leads underwriting staff in working with loan
originators on either the Mortgage Originations (retail) side or
the Mortgage Business Development (wholesale) side.
Very strong, working-knowledge of automated underwriting systems
(AUS) including Fannie Mae's Desktop Underwriter and tools offered
through Prime Alliance. Ability to trouble-shoot and be a resource
for other underwriters and loan originators. Capable of calculating
income from simple pay stubs to complex tax returns: personal and
corporate. Calculates standard mortgage ratios. Reviews property
appraisal. Works with other underwriters and members of Management
Team, as needed, to ensure that all underwriting and processing
requirements are met within desired parameters.
ESSENTIAL POSITION FUNCTIONS:
Underwrite loan files and assists loan originators with
re-submitting loans through Desktop Underwriter.
Underwrite files received from brokers and assists with answering
incoming calls received from brokers.
Provides thorough review of appraisal and ensures appraisal
satisfies Wescom's board-approval Appraisal Policy.
Functional authority to administer the broker pipeline.
Assists department management with reporting and tracking of loan
data and statistics.
Supports administration of the real estate budget and ensures
expense control in all areas including salaries and overtime.
Responsible for thoroughly reviewing "Refer with Caution" loans and
elevating such loans to Real Estate Management Team with decision
Responsible for daily review and decision making of all loans input
through Prime Alliance for home equity products.
Assist with system (Desktop Underwriter) troubleshooting and
maintenance of all related documentation.
Assist in the training of new employees on FICS LP, Desktop
Underwriter, and Prime Alliance.
Assist in training of appropriate personnel on system enhancements
and / or changes.
Weekly rotation of determining daily Real Estate rates.
Daily update of real estate rate sheet via Excel spreadsheet,
Wescom's internet page, and Prime Alliance rate manager for retail
loans as well as fax or e-mail in PDF format of rate sheets to
Maintains high level of member service, promotes advocacy and
continually focuses on improvement in member survey ratings.
Acts as a resource for the department on Real Estate related
policies and procedures.
Helps to ensure staff efforts are focused on achieving goals and
are aligned with Wescom's strategic objectives.
Supports real estate marketing efforts and provides support for
credit union products.
Ensures real estate compliance through "Loan Level" audits and
underwriting loan files.
Participates on project teams at the department / organization
level and may serve as project manager.
Contributes to organizational efforts in process improvement and
Stays abreast of and develops proficiency in technological
advancements and emerging management practices.
Supports organizational strategy and helps manage the change
process within the department.
Ensures that the physical environment is maintained according to
Wescom's standards and that staff appearance reflects the desired
level of professionalism.
Must have excellent written and verbal communication skills.
Apply team and department "Best Practices" and continually work for
process and service improvements.
Performs other related duties as assigned or requested.
EDUCATION AND EXPERIENCE:
High school diploma required. B.A/B.S. degree in related field
3-5 years of mortgage underwriting required.
OTHER SKILLS AND ABILITIES:
Ability to provide excellent member service throughout the mortgage
Ability to handle multiple tasks simultaneously with a high level
of accuracy and attention to detail.
Knowledge of Credit Union operations and ability to integrate and
communicate critical information to members, vendors, and other
Proficiency in Prime Alliance, Symitar, and FICS systems
Proficiency in Microsoft Applications (Word, Excel, Outlook) is
Ability to add, subtract, multiply and divide in all units of
measure, using while numbers, common fractions and decimals.
Ability to compute rates, ratios and percent and to draw and
interpret bar graphs.
The physical demand described here are representative of those that
must be met by an employee to successfully perform the essential
functions of this job. While performing the duties of this job, the
employee is frequently required to stand; walk; sit; use hands to
finger, handle or feel; reach with hands and arms, climb or
balance, stoop kneel, crouch, crawl; talk or hear and taste or
smell. The employee must occasionally lift and/or move up to 20
pounds. Vision abilities required by this job include close vision,
distance vision, color vision, peripheral vision, depth perception
and ability to adjust focus.
The work environment characteristics described here are
representative of those an employee encounters while performing
functions of this job.
The noise level in the work environment is moderately quiet. It is
a non-smoking environment.
The above job requirements are representative of minimum levels of
knowledge, skills and abilities. The marginal functions have not
been included. Reasonable accommodations may be made to enable
individuals with disabilities to perform the essential
This job description in no way implies that these are the only
duties to be performed. An employee will be required to follow any
other job-related instructions and duties as requested by the
supervisor and/or management.
Keywords: Wescom Credit Union, Anaheim , Underwriter II, Accounting, Auditing , Anaheim, California
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