| Loan Underwriting Supervisor Job Description |
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| The following is a full job description for Loan Underwriting Supervisor. Here are the requirements and responsibilities for Loan Underwriting Supervisor along with statistics. If after reading this page you determine that Loan Underwriting Supervisor is not the position you are looking for, you may want to try one of these similar titles: Underwriting Assistant, Loan Underwriting Manager I, Loan Underwriting Director, Life Underwriting Manager, Underwriting Manager, Underwriting Supervisor, Loan Processing Manager, Property Casualty Underwriting Supervisor, Loan Underwriting Manager II |
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| Requirements and Responsibilities For Loan Underwriting Supervisor |
| Supervises the daily operations of an underwriting unit that evaluates the risk of loan and credit applications against the firm's objectives and borrowing guidelines using analysis and assessment of creditworthiness criteria. Reviews the applicant's financial status, documents, data, and applicable collateral. Makes approval, rejection, or modification decisions based on underwriting guidelines and established approval limits. May present to a loan committee. Defines the loan structure consisting of interest rates, repayment terms, and allowed loan amounts. Complies with all federal regulations, state laws, and internal policies related to lending. Escalates non-conforming loans that require a higher level of approval review using an exception process. Requires a bachelor's degree. Typically reports to a manager. Supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. Typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. |
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| Also referred to as: Consumer Loan Credit Supervisor I, Credit Supervisor - Lending |
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| Similar Jobs: Underwriting Assistant, Loan Underwriting Manager I, Loan Underwriting Director, Life Underwriting Manager, Underwriting Manager, Underwriting Supervisor, Loan Processing Manager, Property Casualty Underwriting Supervisor, Loan Underwriting Manager II |
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| Level of Education: Loan Underwriting Supervisor Salaries with a Bachelor's Degree, Loan Underwriting Supervisor Salaries with a Master's Degree or MBA, Loan Underwriting Supervisor Salaries with a JD, MD, PhD or Equivalent |
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| Industries: Business Services, Edu., Gov't. & Nonprofit, Financial Services | |
