Senior Mortgage Underwriter

As a leading regional bank, SouthState has been providing financial solutions to individuals, families, and businesses in the Southeast for more than 100 years. SouthState team members strive to create remarkable experiences while building meaningful and lasting relationships. We are proud to be a reflection of the communities we serve, and our team members share core values that make SouthState a great place to bank, and a great place to work.

SUMMARY/OBJECTIVES

Functions include underwriting residential mortgage loans to ensure loans meet the guidelines of applicable insuring and guaranteeing agencies, investors, and SouthState Bank; utilizing applicable Automated Underwriting Systems; and reviewing information to detect fraud. Ensures compliance with SouthState Bank Corporate Code of Conduct and Ethics and other operating procedures. May supervise a team of underwriters.

ESSENTIAL FUNCTIONS

• Underwrites residential first mortgage loans within assigned lending authority according to applicable guidelines of insuring and guaranteeing agencies, secondary market investors, and/or SouthState Bank credit policies.
• Examines documentation provided by borrowers and third-party verification sources for validity and compliance with AUS findings and/or manual underwriting standards.
• Reviews property appraisals to ensure collateral acceptability in accordance with corporate, agency and investor standards.
• Reviews fraud reports and conditions loans appropriately for resolution of issues.
• Issues loan approvals, reviews and clears underwriting conditions
• Issues loan denials and forwards for second review/or
• Responds to questions from Mortgage Loan Officers, Mortgage Processors, Closers, and others regarding underwriting decisions and/or conditions and/or general policy and scenario questions.
• Performs second reviews of denied loans
• Updates Loan Origination System and Automated Underwriting Systems
• Mortgage Loan Underwriter Senior can underwrite multiple loan types and/or loans with highly complex income and loan scenarios using AUS findings or manual underwriting processes. Serves as an expert resource to other underwriters, sales partners, and others outside the mortgage division for consultation on complex income and loan scenarios, appraisals, and other mortgage underwriting topics within designated specialty area of underwriting.
• Accepts and performs other duties as deemed to be essential.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

COMPETENCIES

• Interpersonal Relationships - Maintains stable performance and emotional control when faced with opposition and pressure from others and/or stressful conditions
• Communication - Asks questions as necessary for clarification purposes; keeps others accurately informed; handles all communication in a timely manner; keeps communications confidential; communicates good and bad news in a professional manner; explains decisions and considers additional information presented by Mortgage Loan Officers or others.
• Attention to Detail - Provides accurate and consistent paperwork, is thorough in accomplishing tasks, monitors and checks work or information
• Collaboration - Develops cooperation and teamwork while participating in a group of people, working toward the same solutions to benefit all involved parties
• Planning and Organization - Organizes time and resources efficiently; manages multiple tasks; meets deadlines consistently
• Customer Centric - Considers the impact on internal and external customers when carrying out one's own job tasks. Demonstrates appropriate sense of urgency and responds to situations requiring special attention or action to meet customer needs.
• Reliability - Completes all assigned tasks on time and with minimal supervision; is punctual, present for work and accessible; fulfills commitments made to co-workers and supervisor; informs appropriate individuals when assigned tasks will not be completed in agreed upon time frame.
• Complex problem solving - Analyzes loan scenarios, underwriting guidelines, customer financial factors involving substantial complexity and finds solutions in the best interest of all involved.

Qualifications, Education, and Certification Requirements

• Education: Bachelor's degree or equivalent work experience
• Experience: 10 - 12 years in the mortgage industry; 7 - 9 years underwriting experience
• Certifications/Specific Knowledge: Must be able to multi-task; good computer, organizational and customer service skills; accurate typing, spelling and grammar skills. Must be able to work in a team environment.

TRAINING REQUIREMENTS/CLASSES

Required annual compliance training.

PHYSICAL DEMANDS

Must be able to effectively access and interpret information on computer screens, documents, and reports. This position requires a large amount of time in front of a computer. This can be done sitting or standing with use of the right desk.

WORK ENVIRONMENT

Telecommuting roles no matter if hybrid or 100% full time telecommuting must have a secure home office environment that is free from background noise and distractions. They must also have a reliable private internet connection that is not supplied by use of cellular data (hot spot). Cable or fiber connections are preferred. Requirements are subject to change, as new systems and technology is delivered.

TRAVEL

Travel may be required to come to meetings as needed.

Benefits | SouthState Careers