Position Title : Underwriting Specialist
Type : Full-Time, Hourly, Non-Exempt, In-Office, Non-Remote, 8 Hour Shift, M-F
Pay : $50,000.00 - $60,000.00 per year, Bonus Opportunities
About us :
Yrefy is a dynamic lender that solves the student loan dilemma with unique financial products for borrowers. If you are passionate about people and thrive in a growing environment, we invite you to consider joining our team!
The Underwriting Specialist position is responsible for providing exceptional internal customer service while reviewing Borrower and Co-Borrower applications to determine their eligibility by analyzing credit scores and the company's risk potential. Our ideal candidate should demonstrate an understanding of compliance; possess excellent analytical and logical thinking along with problem-solving skills; and have strong attention to detail with the ability to handle complex projects.
Responsibilities
- Ensure policies, procedures and borrower file documentation are followed as related to underwriting within each department (Sales, Processing, Loan Acquisition, Servicing, Auditing, etc)
- Ensures all processes are within compliance of underwriting guidelines and requirements
- Participate and assist in system testing, validation, and implementation
- Process document file by reviewing and completing income calculations and credit bureau reports, and processing denial letters.
- Monitor escrow accounts
- Maintains underwriting statistics for Sales, Processing, Loan Acquisitions, and Finance to provide end-of-month, quarter, and year documentation and support
- Attend all meetings and trainings courses as required
- Perform other related duties as assigned
Education and Experience
Associate degree strongly preferredOne (1) year experience preferred in underwriting is preferredExperience in student lending field is preferred, but not mandatoryPrevious experience in Quality Control and compliance is welcomed, and translates well to this roleProficient with Microsoft Office Suite, especially Microsoft ExcelPrevious experience with reading and analyzing Credit Bureau ReportsRequired Skills / Abilities
Ability to multi-task and handle complex projectsExcellent analytical, logical thinking, and problem-solving skillsStrong attention to detail and organizational skills are essential for success in this roleExcellent oral and written communication skillsAbility to communicate with executive leadershipTime management and organization skillsHigh level of professionalism, honesty, and drive, with a passion to excelPhysical Requirements
Prolonged periods sitting at a desk and working on a computerMust be able to lift 15 pounds at a timeBenefits
100% Employer paid Medical for Employee AND Family includes Mayo ClinicSafe Harbor 401k / ROTH Plan with 4% Company MatchDental InsuranceVision InsuranceCompany paid Term Life InsuranceSupplemental Voluntary Life InsuranceCompany paid Short-and Long-Term Disability InsuranceVoluntary Pet InsuranceFully subsidized LifeTime Gym MembershipTuition reimbursementCatered Friday lunchesEmployee Discount ProgramPaid time offReferral programNew Hire Training ProgramFun In-Office Work EnvironmentOpportunity to work at a Fast-Growing CompanyAnd MORE!!