About this opportunity
Community Financial System, Inc. lists this Real Estate Underwriter - Olean, NY opportunity in olean, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Overview
At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.
Just as our employees are committed to helping our customers manage their finances, we're committed to our employees. After all, they make it happen for our customers every day.
To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.
Responsibilities
The Real Estate Underwriter is responsible for evaluating, approving, or declining residential mortgage and home equity loan applications through comprehensive financial risk assessment and adherence to established lending guidelines. This role ensures sound lending decisions while mitigating risk to the Company, government agencies, and secondary market investors. The Underwriter must maintain current knowledge of all applicable regulatory requirements, including TILA-RESPA, ATR/QM, and HMDA.
Analyze application packages and supporting documentation (financial statements, credit reports, employment history, etc.) to assess borrower eligibility across all product types including USDA, secondary market loans, PMI, construction loans, Homebuyer Dream Program, and VA
Exercise lending authority to make credit decisions within delegated approval limits
Document underwriting decision and prepare clear, concise loan summaries
Responsible to review and evaluate residential appraisals to ensure collateral meets program and investor requirements
Review title reports for accuracy and completeness
Provide guidance to Mortgage Coordinators regarding required actions on incomplete or complex loan applications
Prepare approved loan for progression to closing
Communicate decisions and conditions effectively to loan officers and relevant stakeholders
Actively participate in the development and documentation of workflow processes as well as contribute to the process improvement and operational efficiency initiatives
Must maintain and stay informed of policies, procedures, and regulatory updates and changes impacting the real estate lending function
Perform other related duties as assigned
Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner
Additional Expectations
Maintain a high level of professionalism and confidentiality
Support and contribute to a collaborative team environment
Ancillary Duties:
As requested by manager or necessary to obtain necessary business goals and objectives
Qualifications
Education/Training/Requirements:
Associate degree required; may consider equivalent experience in mortgage processing, legal real estate closings, or related field
Minimum five (5) years of experience highly preferred
All applicants must be 18 years of age or older
Skills:
Strong analytical skills with the ability to evaluate income, assets, and creditworthiness
Proficient in reading, writing, grammar, and mathematical calculations
Effective problem solving and research capabilities
Strong written and verbal communications skills
Ability to work efficiently under pressure and meet deadlines
Maintain a high level of professionalism and confidentiality
Proficiency in Microsoft Office applications (Word and Excel)
Proven ability to uphold high standards of accountability, respect, transparency, and a strong work ethic
Must consistently demonstrate the Company's core values; Integrity, Excellence, Teamwork, and Humility
Other Job Information
Hours: 40 hours/week
Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!
Physical Requirements:
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. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.
The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.
The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department.
Minimum
USD $26.25/Hr.
Maximum
USD $43.22/Hr.
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.