BBVA Compass Equity Underwriter I, II or III in homewood, Alabama

Responsibilities

Equity Underwriter Responsibilities :

  • Ensures effective communication between Originators, Processors and Closer's to address, resolve, and improve file quality and customer experience.

  • Responds to e-mails and phone calls from internal and external customers within a reasonable amount of time

  • Review of income, asset, and credit documentation to make a sound credit decision according to program guidelines

  • Knowledgeable in reviewing Trans Union, Equifax and Experian credit report and analysis of information and histories.

  • Identifying Red Flags, Fraud Detection, and mitigating risk

  • Demonstrate a strong ability to analyze and calculate income. Types of Income include but are not limited to self-employed, rental, salaried, bonus, overtime, commission, social security income, Pension income, IRA income. Strong knowledge of federal tax returns and self-employed tax returns, 1120s, 1120, 1065, and K1s, complete a FNMA 1084 cash flow and or an Income calculation worksheet.

  • Determines appropriate structure and pricing based on the borrower type, credit score, quality factor assignment, collateral, and risk and documenting any deviations from the prescribed structure.

  • Knowledge and ability to manually underwrite request and assesses strengths and weaknesses of loan request based on BBVA Credit Standards.

  • Clear understanding of Debt to Income and Loan to Value ratios and calculations

  • Developing and Issuing loan decisions including Counter Offer scenarios, Approvals and Declines

  • Ability to meet monthly production requirements

  • High Production with attention to quality, Team Player and the ability to multi-task

  • Maintain an acceptable quality level, keeping errors at a minimum.

Qualifications

General Qualifications :

  • Preferred Bachelor’s degree in business related field with emphasis in management, accounting, finance or a related field or equivalent professional experience.

  • All candidates must have superior verbal, written and organizational skills and possess an understanding of business and personal financial statements.

  • Must be able to prioritize tasks demonstrating both management skills and ability to achieve communicated deadlines.

  • High integrity and respect for confidentiality are invaluable.

  • Excellent computer skills with proficiency with Microsoft applications.

  • Professional phone and communication skills are required.

Job ID 2018-114337

Site Name AL-BIRMINGHAM-HOMEWOOD ADMIN CENTER

Category CORPORATE RISK

Work Location US-AL-HOMEWOOD

FLSA Status NON-EXEMPT

Type FULL TIME