Job Description

Overview Job Summary: The Loan Underwriter is responsible for evaluating and assessing loan applications to determine the creditworthiness of applicants. They analyze financial data, assess risk, and ensure that loans comply with company policies and regulatory requirements. The underwriter plays a critical role in making lending decisions and minimizing financial risk for the institution. Responsibilities Review and analyze loan applications, credit reports, financial statements, and other relevant documents. Assess borrowers' ability to repay loans by evaluating income, assets, debts, and credit history. Ensure compliance with company lending policies, industry regulations, and legal requirements. Approve, deny, or recommend loans based on risk assessment and underwriting guidelines. Calculate debt-to-income (DTI) ratios, loan-to-value (LTV) ratios, and other key financial metrics. Work closely with loan officers, processors, and other team members to obtain necessary documentation and clarify borrower information. Communicate underwriting decisions to relevant stakeholders, providing explanations when required. Stay updated on industry trends, market conditions, and changes in lending regulations. Identify potential fraud risks and take necessary steps to mitigate them. Maintain accurate records of underwriting decisions and ensure proper documentation for audits. Qualifications Qualifications & Skills: Bachelor's degree in finance, business, economics, or a related field (preferred). Experience in loan underwriting, risk assessment, or financial analysis. Strong knowledge of lending regulations. Proficiency in financial analysis and credit assessment. Excellent analytical, decision-making, and problem-solving skills. Strong attention to detail and ability to work with tight deadlines. Effective communication skills to interact with internal teams and clients. Familiarity with loan underwriting software and financial modeling tools. The skills mentioned above only describe the essential job functions and are not intended to be a complete list of all duties and responsibilities. All job functions must be performed in accordance with The J.G. Wentworth Company policies and procedures. Benefits: Full Medical/Vision/Dental Benefits 401K with Company Match Flexible Hybrid or Remote Schedule 15 Days PTO Paid Holidays An Unmatched Company Culture On-Site Gym & Gym Membership Reimbursement Monthly, Quarterly and Annual Bonuses Employee Referral Bonuses Public Transportation Discounts Company Happy Hours Business Casual Dress Code Start building your career with J.G. Wentworth today! J.G. Wentworth is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship. J.G. Wentworth makes hiring decisions based solely on qualifications, merit, and business needs at the time. The J.G. Wentworth Company

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