Financial - Sr. Underwriter
Dutch2
1,590 Posts
With the roller-coster ride the real-estate market has been on these past few years, We are wondering what the going rate for a Sr. Underwriter is these days. Our current pay scale is $27,000 - $52,686.
I realize the duties can vary greatly from one Bank/CU to another as well as metro vs. smaller communities. Brief summar of job: "1) underwrite loans sold on the secondary market according to investor guidelines, 2) serve as an expert resource on secondary market investor guidelines, 3) review closed loan files for regulatory compliance and Bank Loan Policy, 4) process notices of adverse action, and 5) oversee and ensure compliance with the Bank’s annual HMDA reporting 6) report and track information for the construction loan portfolio."
Anyone willing to share/comment would be greatly appreciated.
Thank you.
Dutch2
I realize the duties can vary greatly from one Bank/CU to another as well as metro vs. smaller communities. Brief summar of job: "1) underwrite loans sold on the secondary market according to investor guidelines, 2) serve as an expert resource on secondary market investor guidelines, 3) review closed loan files for regulatory compliance and Bank Loan Policy, 4) process notices of adverse action, and 5) oversee and ensure compliance with the Bank’s annual HMDA reporting 6) report and track information for the construction loan portfolio."
Anyone willing to share/comment would be greatly appreciated.
Thank you.
Dutch2
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