Job Description

About the Company:
http://www.nymc.com
NYSE: Symbol NTR
The New York Mortgage Company, LLC is one the nation's largest and fastest growing mortgage banker/broker. We’ve built our industry-leading reputation on integrity, flexibility and exceptional service, as we custom design mortgages to help people across America achieve their dreams. We have the resources necessary to close loans quickly and efficiently. Among those resources are our relationships with local, regional, national lenders, and investors, which enable us to offer the absolute best rates and terms possible, as well as to ensure that nearly every loan we originate is approved. We offer an excellent compensation package DOE, vacation/sick time, 401k plan and health insurance package. The New York Mortgage Company, LLC, with headquarters in New York City, is a leading provider of mortgage lending services.
Job Title: Credit Officer
FLSA Status: Exempt
Branch: 306 - Moosic (Wilkes Barre/Scranton)
Department: Underwriting
Reports to (title): Branch Operations Manager
Job Description:
Under limited supervision, this position is accountable for performing credit/appraisal, analysis and underwriting/risk management decisions on all loans to ensure compliance with company, investor, and regulatory criteria. Supervise and direct the activities of underwriters within the team. Achieve optimum performance and efficiency consistent with company policy and governmental regulations. The credit officer has company signing authority for all loans in conformance with Product Guide/Agency/Investor Guidelines. Assist the Regional Operations Manager in performing various administrative functions.

Duties & Responsibilities:
Performs credit/appraisal analysis and approve/decline loan applications for all residential loan originations, ensuring compliance with company, regulatory and investor criteria.
Under the guidance of the Regional Operations Manager effectively creates and disseminates underwriting policies, procedures, and criteria to the team through verbal and written communication.
Monitor quality of underwriting skills with the team and office through identification and effective solution of specific problem skills.
Maintains current knowledge of investor underwriting criteria by consulting written guidelines, manuals, attending pertinent seminars/classes, and direct contact with investors underwriting staff.
Ensure timely completion of tasks and coordinate the workflow. Review and track the weekly underwriting report for team members, to ensure company standards and goals are being met.
Responsible for the supervision and training of Underwriters (team members). Responsible for performance planning and reviews, scheduling of vacations, attendance and advising management of corrective action as necessary.
Assist the Regional Operations Manager in investigating and resolving discrepancies revealed in Quality Control Audits and Investor Audits.
Maintain current knowledge of Mortgage Industry programs and policies.
Assist the Regional Operations Manager in performing various administrative functions.
Respond to the most complex inquiries from Loan Officers, customers and team members
Maintain relations with all internal departments and external contacts
Control daily operations routines with the team to ensure appropriate quality customer service and production standards are maintained at all times.

Qualifications/Skills Required

Qualifications:
Knowledge of federal and state mortgage banking regulations
Ability to effectively train branch personnel
Thorough knowledge of packaging and submission of condo/pud/coop approval request to investors

Skills:
Advanced verbal and written communication skills
Extensive experience in mortgage underwriting
Excellent organizational skills

Note: This job description should not be construed to imply that these requirements are the exclusive standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as may be required. The employer has the right to revise this job description at any time. This job description is not to be construed as a contract for employment.
Website: www.NYMC.com

The New York Mortgage Company, LLC is an Equal Opportunity Employer