Company:
Glacier Bancorp
Location: Coeur d'Alene
Closing Date: 20/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
About the Role:
Summary
Glacier Bancorp’s (GBCI) Residential Underwriter III (RUW-III) position is responsible for all aspects of residential underwriting including timeliness, efficiency, and compliance to agency and investor guidelines, internal loan policy, and all applicable regulations. The RUW-III will have extensive contact with customers, vendors, and bank staff. The RUW-III will be in regular communication with the Corporate Residential Underwriting Manager and will suggest operational improvements as needed.
This is a Corporate position which may be located at an available bank division location in Spokane, WA or Coeur d' Alene, ID. The entry rate for this position is $68,919.58/ per year (calculated for Coeur d' Alene, ID).
All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to geographic location, years of experience, and educational background.
Description
• Review, examine, and underwrite mortgage loans for pre-approval, approval, rejection, and/or reconsideration to ensure:
• Company, governmental, industry, and secondary market guidelines and standards are met at all times ensuring accuracy on all documents.
• Creditworthiness of applicant(s).
• Acceptability of secured properties in accordance with the bank’s and investors' underwriting requirements and philosophies.
• Overall loan documentation is examined to ensure accuracy, completeness, and compliance with underwriting guidelines.
• Final approval of the loan as well as issuing pre-approval as requested.
• Underwrite conventional, USDA, FHA and VA loans.
• Review appraisals.
• Perform analysis to determine loan risk.
• Determine loan eligibility and approve or deny loan applications.
• Condition loan for additional information/documentation as needed.
• Assist in training new underwriters and helping underwriters obtain DE and SAR status.
• Assist in or lead special projects as needed.
• Maintain consistent and thorough communication with all involved parties including internal and external customers and staff in a professional, courteous, and friendly manner.
• Remain current on loan programs and lending (federal and state) regulations as well as all compliance and bank policies. All disclosure requirements are complete within Federal Time Limitations.
• Maintain contact with government agencies and investors to determine changes in requirements and products.
• Regularly participates in educational offerings from FHA, FNMA, FHLMC, VA, MI companies, est. to keep current and aware of changes.
• Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete the assigned online training courses and achieve a passing score by due date.
About You:
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education
Required/Preferred
Education Level
Description
Required
Bachelor’s Degree
Business, Finance, or related field.
Experience
Required/Preferred
Experience Level
Description
Required
5 years
Minimum of 5 years underwriting experience. In lieu of a degree, an additional 4 years of relevant loan experience in the mortgage industry such as loan review, income analysis, processing, HMDA, Quality control will be required.
Required
Knowledge Of
company, FNMA, FHLMC, USDA, FHA and VA guidelines and procedures.
Required
Advanced Experience
with Encompass Software.
Would an equivalent combination of relevant education and work experience be considered?: Yes
License/Certification
Required/Preferred
License/Certification
Description
Required
FHA Direct Endorsement
VA Staff Appraisal Reviewer
Additional Requirements
Travel
Occasional travel required: (less than 10 days per year) by automobile (as driver and passenger), commercial airlines, rental vehicles and public transportation and be able to lodge in public facilities.
Working Conditions
Environment: Indoors, a climate-controlled shared work area.
Noise Level: Minimal noise.
Lifting: Sedentary work: Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
Vision
Close visual acuity to prepare and analyze data and figures, view a computer terminal, and read the computer screen, printed materials, and handwritten materials.
Physical Activities
Frequency
Balancing: Maintaining body equilibrium to prevent falling and walking, standing or crouching on narrow, slippery, or erratically moving surfaces.
Infrequent – rare.
Climbing: Ascending or descending ladders, stairs, scaffolding, ramps, poles and the like, using feet and legs and/or hands and arms.
Infrequent – rare.
Crawling: Moving about on hands and knees or hands and feet.
Infrequent – rare.
Crouching: Bending the body downward and forward by bending leg and spine.
Infrequent – rare.
Feeling: Perceiving attributes of objects such as size and shape, temperature or texture by touching with skin, particularly that of the fingertips.
Infrequent – rare.
Fingering: Picking, pinching, typing or otherwise working primarily with fingers rather than with the whole hand as in handling.
Daily.
Grasping: Applying pressure to an object with the fingers and palm.
Infrequent – rare.
Kneeling: Bending legs at knee to come to a rest on knee or knees.
Infrequent – rare.
Lifting: Raising objects from a lower to a higher position or moving objects horizontally from position to position.
Infrequent – rare.
Pushing: Using upper extremities to press against something with steady force in order to thrust forward, downward or outward.
Infrequent – rare.
Pulling: Using upper extremities to exert force in order to draw, haul or tug objects in a sustained motion.
Infrequent – rare.
Repetitive Motion: Making substantial movements (motions) of the wrists, hands, and/or fingers.
Daily.
Stooping: Bending body downward and forward by bending spine at the waist.
Infrequent – rare.
What We Offer:
COMPENSATION & BENEFITS: Starting salary is dependent upon relevant experience and may vary based on the geographic location of the position. We offer an extensive benefits package that includes, but is not limited to medical, dental, vision, and life insurance, a health savings account option, an Employee Assistance Program (EAP), a health rewards program, a 401(k) retirement savings plan, discounts on banking products and services, Paid Time Off (PTO) and holidays. Visit our for more details!
COMPANY OVERVIEW: We are a family of banks whose unique local presence reflects the communities we serve. We welcome the opportunity to grow and change as our customers and communities do the same. Read our story, learn about our banks, and experience life at Glacier Bancorp, Inc. all from our website.
We are an Equal Opportunity Employer and qualified applicants or employees will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, genetic information, protected veteran status, or any other category protected by applicable federal, state or local laws.
Glacier Bancorp, Inc. does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.
No Recruiters or unsolicited agency referrals please.
Summary
Glacier Bancorp’s (GBCI) Residential Underwriter III (RUW-III) position is responsible for all aspects of residential underwriting including timeliness, efficiency, and compliance to agency and investor guidelines, internal loan policy, and all applicable regulations. The RUW-III will have extensive contact with customers, vendors, and bank staff. The RUW-III will be in regular communication with the Corporate Residential Underwriting Manager and will suggest operational improvements as needed.
This is a Corporate position which may be located at an available bank division location in Spokane, WA or Coeur d' Alene, ID. The entry rate for this position is $68,919.58/ per year (calculated for Coeur d' Alene, ID).
All compensation offers are analyzed individually and take into consideration multiple factors including but not limited to geographic location, years of experience, and educational background.
Description
• Review, examine, and underwrite mortgage loans for pre-approval, approval, rejection, and/or reconsideration to ensure:
• Company, governmental, industry, and secondary market guidelines and standards are met at all times ensuring accuracy on all documents.
• Creditworthiness of applicant(s).
• Acceptability of secured properties in accordance with the bank’s and investors' underwriting requirements and philosophies.
• Overall loan documentation is examined to ensure accuracy, completeness, and compliance with underwriting guidelines.
• Final approval of the loan as well as issuing pre-approval as requested.
• Underwrite conventional, USDA, FHA and VA loans.
• Review appraisals.
• Perform analysis to determine loan risk.
• Determine loan eligibility and approve or deny loan applications.
• Condition loan for additional information/documentation as needed.
• Assist in training new underwriters and helping underwriters obtain DE and SAR status.
• Assist in or lead special projects as needed.
• Maintain consistent and thorough communication with all involved parties including internal and external customers and staff in a professional, courteous, and friendly manner.
• Remain current on loan programs and lending (federal and state) regulations as well as all compliance and bank policies. All disclosure requirements are complete within Federal Time Limitations.
• Maintain contact with government agencies and investors to determine changes in requirements and products.
• Regularly participates in educational offerings from FHA, FNMA, FHLMC, VA, MI companies, est. to keep current and aware of changes.
• Must comply with all company policies and procedures and all applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Must complete the assigned online training courses and achieve a passing score by due date.
About You:
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education
Required/Preferred
Education Level
Description
Required
Bachelor’s Degree
Business, Finance, or related field.
Experience
Required/Preferred
Experience Level
Description
Required
5 years
Minimum of 5 years underwriting experience. In lieu of a degree, an additional 4 years of relevant loan experience in the mortgage industry such as loan review, income analysis, processing, HMDA, Quality control will be required.
Required
Knowledge Of
company, FNMA, FHLMC, USDA, FHA and VA guidelines and procedures.
Required
Advanced Experience
with Encompass Software.
Would an equivalent combination of relevant education and work experience be considered?: Yes
License/Certification
Required/Preferred
License/Certification
Description
Required
FHA Direct Endorsement
VA Staff Appraisal Reviewer
Additional Requirements
Travel
Occasional travel required: (less than 10 days per year) by automobile (as driver and passenger), commercial airlines, rental vehicles and public transportation and be able to lodge in public facilities.
Working Conditions
Environment: Indoors, a climate-controlled shared work area.
Noise Level: Minimal noise.
Lifting: Sedentary work: Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
Vision
Close visual acuity to prepare and analyze data and figures, view a computer terminal, and read the computer screen, printed materials, and handwritten materials.
Physical Activities
Frequency
Balancing: Maintaining body equilibrium to prevent falling and walking, standing or crouching on narrow, slippery, or erratically moving surfaces.
Infrequent – rare.
Climbing: Ascending or descending ladders, stairs, scaffolding, ramps, poles and the like, using feet and legs and/or hands and arms.
Infrequent – rare.
Crawling: Moving about on hands and knees or hands and feet.
Infrequent – rare.
Crouching: Bending the body downward and forward by bending leg and spine.
Infrequent – rare.
Feeling: Perceiving attributes of objects such as size and shape, temperature or texture by touching with skin, particularly that of the fingertips.
Infrequent – rare.
Fingering: Picking, pinching, typing or otherwise working primarily with fingers rather than with the whole hand as in handling.
Daily.
Grasping: Applying pressure to an object with the fingers and palm.
Infrequent – rare.
Kneeling: Bending legs at knee to come to a rest on knee or knees.
Infrequent – rare.
Lifting: Raising objects from a lower to a higher position or moving objects horizontally from position to position.
Infrequent – rare.
Pushing: Using upper extremities to press against something with steady force in order to thrust forward, downward or outward.
Infrequent – rare.
Pulling: Using upper extremities to exert force in order to draw, haul or tug objects in a sustained motion.
Infrequent – rare.
Repetitive Motion: Making substantial movements (motions) of the wrists, hands, and/or fingers.
Daily.
Stooping: Bending body downward and forward by bending spine at the waist.
Infrequent – rare.
What We Offer:
COMPENSATION & BENEFITS: Starting salary is dependent upon relevant experience and may vary based on the geographic location of the position. We offer an extensive benefits package that includes, but is not limited to medical, dental, vision, and life insurance, a health savings account option, an Employee Assistance Program (EAP), a health rewards program, a 401(k) retirement savings plan, discounts on banking products and services, Paid Time Off (PTO) and holidays. Visit our for more details!
COMPANY OVERVIEW: We are a family of banks whose unique local presence reflects the communities we serve. We welcome the opportunity to grow and change as our customers and communities do the same. Read our story, learn about our banks, and experience life at Glacier Bancorp, Inc. all from our website.
We are an Equal Opportunity Employer and qualified applicants or employees will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, genetic information, protected veteran status, or any other category protected by applicable federal, state or local laws.
Glacier Bancorp, Inc. does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.
No Recruiters or unsolicited agency referrals please.
Share this job
Glacier Bancorp