Residential Mortgage Underwriter III

Summary:Under limited supervision analyze financial information and underwrite residential mortgage loan applications.Essential Functions:Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Analyze financial information for new residential loan requests and modifications up to established exposure limits of $2,000,000.00, or with dual signatures, up to $2,500,000.

Review loan structure to ensure that acceptable credit standards are maintained and that all loans conform to credit policy while fully mitigating exceptions to policy.

Clear open conditions on approved loan applications.

Accurately complete historical trends and moderately advanced self-employed borrower analysis, including S-Corps, C-Corps and Partnership returns as well as financially complex borrower's that own multiple entities.

Assess collateral quality and values from residential appraisal reports.

Maintain a strong working knowledge of Bank policies and pertinent lending regulations.

Maintain and grow knowledge of residential mortgage industry and residential housing trends and risks within the marketplace which may have a direct or indirect impact on the Residential Mortgage portfolio.

Possess and maintain knowledge of underwriting guidelines for all programs and products offered by ENB by monitoring agency and investor updates.

Assist in training of other Underwriters in changes to various underwriting guidelines and regulatory changes.

Ensure effective Fair Credit, CRA, and Reg B compliance.

Possess knowledge of and demonstrate thorough understanding and ability to underwrite to agency guidelines (FNMA, FHLMC and FHLB) and ENB Residential Loan Policy guidelines.

Possess knowledge of and demonstrate thorough understanding and ability to underwrite to government loan program guidelines (FHA, VA and USDA) as well as Construction-Permanent programs.

Serve as reviewer for Underwriters submitting test cases to obtain their DE or SAR designations.

Complete underwriting for HELOC and other applicable consumer products.

Ability to meet minimum underwriter production standards and ensure quality, and service level standards are met.

Deliver on organization metrics and KPIs to ensure timely and quality underwriting results:

Days assigned to when underwriting is completed;

Quality of work measured by the number of findings uncovered by Mortgage Operations Officer, pre and post-funding QC, investor audits.

Perform other duties and/or projects as assigned.

Required Education and Experience:

High school graduate required or its equivalency required. Bachelor's degree from an accredited college preferred

Five or more years of mortgage industry experience

Has FHA Direct Endorsement (DE) and VA Staff Appraisal Review (SAR) designations in additional to demonstrated competence in underwriting USDA, Construction/Permanent and Conventional loans

```{=html}```

- Working knowledge of residential loan underwriting and processing```{=html}```

- Thorough knowledge of accounting, financial analysis methods and techniques, and spreadsheet applications```{=html}```

- Thorough working knowledge of credit concepts and principles, loan documentation, bank services and operations```{=html}```

- Strong ability to analyze credits and possess detailed knowledge of lending structure and cash flow analysis```{=html}```

- Working knowledge of principals of residential mortgage lending laws, bank policy, services, and products```{=html}```

- Strong organizational skills```{=html}```

- Excellent customer service skills, as well as strong verbal and written communication skills```{=html}```

- Strong presentation, negotiation, and consensus-building skills```{=html}```

- Proficiency in Microso t Outlook, Word, and Excel

- Proficient understanding of core system and Loan Origination System (LOS)

- Strong analytical ability and good attention to detail

- Ability to work independently or in a team environmentCompetencies:

ENB Functional and Operational Competencies

Supervisory Requirements:This position has no supervisory responsibilities.Work Environment:This job operates in a professional work environment. This role routinely uses standard office equipment such as computers, monitors, mouse, keyboard, phones, printers, scanners, photocopiers, filing cabinets, calculator, and fax machines. Due to physical location of this position, phone ringing, and people conversing, it may be difficult to hear at times and therefore easily distracting.Physical Demands:Ephrata National Bank promotes an equal opportunity workplace, which includes reasonable accommodations of otherwise qualified disabled applicants and employees. The physical demands 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 regularly required to talk or hear. Specific vision required by the job includes close vision, distance vision, and ability to focus. While this position is primarily sedentary, the employee is frequently required to stand, walk, use hands to finger, handle or feel objects or controls, reach with hands and arms, bend, balance, stoop, kneel, and crouch. The employee must be able to lift and/or move up to 25 pounds including standard computer and copy paper boxes, and must be able to open and close filing cabinets and drawers.Position Type and Expected Hours of Work:This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5 p.m. Flexibility of schedule to meet business needs is required.Travel:This position may require travel.EEO Statement:Ephrata National Bank supports a diverse workforce and is an Equal Opportunity Employer.It is the policy of Ephrata National Bank to provide equal employment opportunities without regard to race, ethnicity, color, religion, sex, national origin, age, disability, marital status, covered veteran status, sexual orientation, gender identity, genetic information or any other protected characteristic applicable under law. The bank complies with all relevant federal, state, and local laws, as well as, all regulations regarding nondiscrimination. This job description reflects management's assignment of essential functions and position responsibilities. Nothing in this job description restricts management's rights to assign or reassign duties and responsibilities to this job at any time. The employee is expected to adhere to all of Ephrata National Bank's procedures and to act as a role model in the adherence to bank polices.