Remote

Underwriting Manager, Home Equity

Social Finance (SoFi)
remote work
United States, Texas, Frisco
Nov 21, 2024
Employee Applicant Privacy Notice Who we are: Shape a brighter financial future with us. Together with our members, we're changing the way people think about and interact with personal finance. We're a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we're at the forefront. We're proud to come to work every day knowing that what we do has a direct impact on people's lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world. The Role: As an Underwriting Manager, you will hire, manage, and onboard a team of Underwriters for the Home Equity Loans team. Responsibilities: Allocates underwriting authority for staff, establishing their ability to make sound decisions on mortgage loans. Able to assist with the review and approval process for decisions and recommendations related to complex cases. Effectively train, coach, and lead the Underwriting team to continuously refine their team's skills to reach and exceed production and quality goals. Demonstrate leadership standards through support for our culture, values, and behavioral expectations. Build and nurture strong relationships across multiple operations teams and sales to influence desired outcomes and achieve organizational goals. Adhere to all company policies, procedures, and business ethics codes. Maintain guidelines based on GSE and investor requirements, and communicate with Senior management, operations, and sales, when changes are required. Review Quality Control reports for error trends and work with Senior Management to develop a plan to reduce the number of errors. Requirements: 8+ years of mortgage underwriting experience. 3+ years of experience in leading a Mortgage Underwriting Team. Current knowledge of federal, state, and FDIC regulations and statutes about real estate lending is typically acquired through experience in mortgage underwriting, production, and operations. Comprehensive knowledge of mortgage products, services, and industry trends. Excellent written, spoken, active listening, and interpersonal communication skills with a high level of diplomacy in directing production staff. Strong motivation and management skills required to lead an experienced mortgage underwriting team, geared to meet production and quality goals. Critical decision-making skills and sound judgment to address and resolve issues. Technical proficiency with a high-level knowledge of computer systems including Encompass and Microsoft Office applications including Outlook, Word, and Excel. Effective time management skills include prioritizing responsibilities and organizing work tasks. Compensation and Benefits The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate's experience, skills, and location. To view all of our comprehensiveand competitivebenefits, visit our Benefits at SoFipage! SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law. The Company hires the best qualified candidate for the job, without regard to protected characteristics. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. New York applicants: Notice of Employee Rights SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email accommodations@sofi.com. Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time. Internal Employees If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.