Mortgage Credit Analyst jobs in Washington
Mortgage Credit Analyst assesses the risk and creditworthiness of loan applicants and recommends loan approval, terms, or application denial. Gathers necessary credit, income, and tax information to conduct financial assessments. Being a Mortgage Credit Analyst reviews and verifies property appraisals, collateral value, and key indicators such as debt-to-income and loan-to-value ratios. Prepares a detailed credit analysis and summary using underwriting guidelines, risk assessment frameworks, and following applicable regulatory compliance. Additionally, Mortgage Credit Analyst may require a bachelor's degree. Typically reports to a manager. The Mortgage Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Mortgage Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Mortgage Credit Analyst jobs
SVP, Mortgage Lending
- Boeing Employees' Credit Union
-
Tukwila, WA
FULL_TIME
- As the nation's largest community credit union, we begin every day focused on delivering superior financial products and services for our 1.3 million members and more than $30 billion in managed assets. Our work has an economic impact as we support our members' financial goals. We are unapologetic about being devoted to our members and the communities we serve. Our business is guided by our people helping people philosophy – which includes our team members. BECU has been in business for more than 85 years, driven by unwavering core values and a dedication to improving the communities we serve. While we have a rich history, the future of our company, accelerated by business and technology transformation, is even brighter. There's never been a better time to work for BECU. To learn more visit becu.org/careers. PAY RANGE The Target Pay Range for this position is $325,000.00-$400,000.00 annually. The full Pay Range is $250,000.00 - $500,000.00 annually. At BECU, compensation decisions are determined using factors such as relevant job-related skills, experience, and education or training. Should an offer for employment be made, we will consider individual qualifications. In addition to your salary, compensation incentives are available for the hired applicant. Incentives are performance based and targets vary by role. BENEFITS Employees and their eligible family members have access to a wide array of employee benefits, such as medical, dental, vision and life insurance coverage. Employees have access to disability and AD&D insurance. We also offer health care and dependent care flexible spending accounts, as well as health savings accounts, to eligible employees. Employees are able to enroll in our company’s 401k plan and employer-funded retirement plan. Newly hired employees accrue 6.16 hours of paid time off (PTO) on a per pay period basis based on hours worked (up to a maximum of 160 PTO hours per year) and receive ten paid holidays throughout the calendar year. Additional details regarding BECU Benefits can be found here. IMPACT YOU’LL MAKE: As the Senior Vice President (SVP) of Mortgage Lending at BECU, you will play a pivotal role in shaping and executing the broad strategy for the mortgage business. The SVP of Mortgage Lending will have profit-and-loss responsibility for the mortgage business and will develop financial and business plans that are aligned with BECU’s annual goals and three-year strategic objectives. With direct responsibility for core mortgage operations, including sales and market development, underwriting, loan processing and servicing, you will coordinate across departments to drive credit, product, pricing, marketing, and delivery strategies to ensure growth and member engagement objectives are met. You will participate in corporate strategic planning activities, and as a member of the Asset and Liability Management (ALM) and Corporate Risk committees, the SVP of Mortgage Lending will contribute to key business decisions around risk and balance sheet management. WHAT YOU’LL DO: Develop and Implement Effective Mortgage Lending Strategies: Shape strategies to meet loan production, product return, and portfolio quality targets. Create and Implement Overall Sales and Business Development Strategy: Lead a variety of teams to create and implement the sales and business development strategy for BECU’s Mortgage business. Enhance Productivity and Efficiency: Develop productivity and efficiency measures and develop and refine processes to deliver mortgage products to members in an efficient, timely, and quality manner. Identify, Measure, Monitor, and Control Mortgage Portfolio & Business Risks: Effectively manage mortgage portfolio risks in line with regulatory guidelines, in partnership with Enterprise Risk Management and Credit Risk Management. Develop and maintain policies and practices that effectively manage business risks within the scope of responsibilities. Direct Core Mortgage Operations: Direct (through a team of managers) the underwriting, loan processing, sales, business development, and loan servicing functions. Manage Mortgage/Credit Lending program: Manage BECU’s Mortgage credit/lending authority program and recommend to the Chief Lending Officer the appropriate granting of credit/lending authority within the organization. Strategize and Collaborate Across Divisions: Partner with various departments (Branch, Call Center marketing and Product Management) to develop and facilitate cross-divisional strategies to identify product enhancements, capture market opportunities, and deliver exceptional member experiences. Strengthen Business Partner Relationships: Select new and maintain existing business partner relationships contributing to the organization’s results while managing these relationships in line with BECU’s vendor management policies. Ensure Compliance and Budget Allocation: Safeguard all BECU’s mortgage lending policies and practices and maintain compliance with state and federal requirements. Develop and submit yearly operating plans and budgets, including staffing projections, for all areas of responsibility. Guide, Train, Mentor, Lead- Provide ongoing coaching, training, and mentoring to direct reports, to develop and encourage their performance. Ensure timely and accurate services are provided by providing managerial leadership, direction, and effective monitoring of performance. Establish departmental and individual goals and targets that are consistent with the operating plan. Communicate Effectively- Maintain effective communication with all Credit Union employees (internal customers) to ensure coordination and exchange of information for accomplishing Credit Union goals. Perform Additional Duties as assigned. QUALIFICATIONS: Minimum Qualifications: Bachelor’s degree or equivalent experience. Minimum 12 years of people leader experience. Minimum ten years of mortgage experience, including leadership of large-scale mortgage loan fulfillment and servicing operations. Financial Industry experience. This job is remote or hybrid but requires you to reside in one of the following states: Washington, Oregon, Idaho, Arizona, Texas, Georgia, South Carolina. Ability to travel to headquarters as needed. Desired Qualifications: Preference given to Seattle area-based candidates. Advanced degree. Experience delivering mortgage products through retail branch network and retail, or consumer direct mortgage channels; experience in wholesale and correspondent channels. Experience in short range (one year) and long range (three to five years) planning. Experience in developing and executing strategies to build and sustain a purchase mortgage business. Excellent interpersonal, verbal, and written skills to effectively communicate at all levels. Deep financial acumen, critical thinking skills, project management, leadership, and negotiation skills. Deep working knowledge of state and federal regulatory compliance laws. EEO Statement: BECU is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, veteran status, disability, sexual orientation, gender identity, or any other protected status. Job Alerts: If you would like to be kept informed of new potential opportunities, click here. You will be asked to create an account if you do not already have one. From our very beginning, BECU has been about people helping people. As a financial services cooperative, our purpose has and always will be the same: we work together to best serve our members and improve the financial well-being of our community. More than 80 years and one million members later, we're still rooted in our values, practices and mission - and even more passionate about our future. As one of the nation's leading credit unions, we're not driven by profit. We're owned by our members and their interests are at the core of everything we do. Now we're growing faster than ever before--but we'll never forget our roots. To continue doing right by our members, we believe we must first do right by our people. Here, you'll receive the resources and support you need to learn, grow and build a meaningful career. Because we know it's our people who make us special.
- 5 Days Ago
External Mortgage Loan Officer
- Seattle Credit Union
-
Yakima, WA
FULL_TIME
- ABOUT THE ROLE: Seattle Credit Union is dedicated to finding lending solutions that meet our members' unique needs, further allowing individuals in our community to meet their short and long term fina...
- 9 Days Ago
External Mortgage Loan Officer
- HAPO Community Credit Union
-
Sunnyside, WA
FULL_TIME
- HAPO Community Credit Union is looking for an experienced Mortgage Loan Officer to join our team in the Sunnyside WA area!The External Mortgage Loan Officer (MLO) is responsible for proactively solici...
- Just Posted
Supervisor, Mortgage Origination
- Navy Federal Credit Union
-
Silverdale, WA
OTHER
- OverviewTo provide oversight and coordination of mortgage loan origination for purchases and refinances for a particular section of Mortgage Production/Field Mortgage. Conduct and coordinate training ...
- 11 Days Ago
Mortgage Loan Originator
- Global Credit Union
-
Oak Harbor, WA
FULL_TIME
- Overview Reports To: Varies by location Primary Functions: Originate mortgage loans and promote related programs within the real estate profession and through personal networks. Duties and Responsibil...
- 1 Month Ago
Mortgage Loan Originator
- Global Credit Union
-
Spokane, WA
FULL_TIME
- Overview Reports To: Varies by location Primary Functions: Originate mortgage loans and promote related programs within the real estate profession and through personal networks. Duties and Responsibil...
- 1 Month Ago
Mortgage Credit Analyst jobs at Popular Companies
Technical Business Data Analyst - Banking - W2 Only
- Mitchell Martin Inc.
-
Plano, TX
- Technical Business Data Analyst - Banking - W2 Only Location: Plano, TX Duration: 12-24 Months HYBRID ONLY in Dallas Met...
- 6/12/2024 12:00:00 AM
Loan Officer
- CapCenter
-
Richmond, VA
- CapCenter is looking for a Loan Advisor to help pursue our mission: simplifying the homeownership journey with consolida...
- 6/12/2024 12:00:00 AM
Client Service Analyst
- Gresham Partners, LLC
-
Chicago, IL
- Founded in 1997, Gresham Partners, LLC is a $8 billion Chicago-based investment and wealth management firm serving a sel...
- 6/12/2024 12:00:00 AM
Senior Business Analyst
- Harrison National Employment
-
Philadelphia, PA
- The Senior Analyst will be responsible for managing a pipeline of issues and process improvement opportunities identifie...
- 6/12/2024 12:00:00 AM
VP of Finance
- Scott Credit Union
-
Edwardsville, IL
- The Company At Scott Credit Union, we truly value our employees. While our buildings convey the Scott Credit Union name ...
- 6/12/2024 12:00:00 AM
Private Wealth Management Client Analyst - Cohoes
- Advantage xPO
-
Cohoes, NY
- Advantage xPO is currently looking for a bright, energetic and friendly Client Analyst to support a busy and highly succ...
- 6/12/2024 12:00:00 AM
Underwriter
- Conventus
-
- About Conventus Holdings Corporation was envisioned and created to reduce the number of economic intermediaries involved...
- 6/12/2024 12:00:00 AM
Senior Commercial Loan Closer
- NexBank
-
Dallas, TX
- Company Overview: Originally founded in 1922 and headquartered in Dallas, Texas, NexBank (the “Bank”) is part of NexBank...
- 6/12/2024 12:00:00 AM
About Washington
Washington (/ˈwɒʃɪŋtən/), officially the State of Washington, is a state in the Pacific Northwest region of the United States. Washington is the northwestern-most state of the contiguous United States. It borders Idaho to the east, bounded mostly by the meridian running north from the confluence of the Snake River and Clearwater River (about 116°57' west), except for the southernmost section where the border follows the Snake River. Oregon is to the south, with the Columbia River forming the western part and the 46th parallel forming the eastern part of the Oregon-Washington border. To the wes...
Source: Wikipedia (as of 04/17/2019). Read more from Wikipedia
Income Estimation for Mortgage Credit Analyst jobs
$56,663 to $80,939
Most Popular Cities in Washington for Mortgage Credit Analyst Jobs
What does a Mortgage Credit Analyst do?
Mortgage Credit Analyst in Lancaster, PA
Provide analytical support to residential mortgage loan trading and management team.
January 17, 2020
Mortgage Credit Analyst in Shreveport, LA
Become an expert on our internal credit and cash flow models.
January 27, 2020
Mortgage Credit Analyst in Brownsville, TX
The Mortgage Credit Analyst will work with loan officers, underwriters, closers, borrowers and referral sources to obtain accurate and timely loan information.
December 30, 2019