Job Description

UNDERWRITER - ONSITE - KEY WEST, FLORIDA
Salary Range: $65,000 - $80,000 per year depending upon experience and education.
First State Bank of the Florida Keys is a customer-focused bank with a long history of serving, reaching out, and connecting with the community. Founded in 1955 with a single branch in Key West, the Bank has grown and changed, as has the surrounding community, but our core values remain the same. First State Bank of the Florida Keys recognizes that what sets us apart are our people.
Here's why you should join First State Bank:

• Competitive Salary and Hourly Pay Rates
• Medical, Dental, Vision, Life, Long-Term Disability plans available
• 401K Retirement Program with employer matching
• Paid Time Off plus Federal Bank Holidays
• Profit Sharing Program
• Tuition Reimbursement

Position Summary:
Responsibilities include underwriting portfolio loans and completing Loan Presentations for loan Committee review and loan approval. Also the Underwriter is responsible for pre- underwriting secondary market conventional residential mortgage loans. Completing conditional approval letters and mortgage commitment letters for secondary market and portfolio loans. The Underwriter I is also responsible for reviewing documentation provided to clear loan conditions to ensure that they satisfy the condition. The underwriter I completes final review of the loan ensure all conditions of the loan approval have been met prior to assigning the loan to closing. Responsibilities also include other duties as assigned by Residential Lending Manager.
Position Responsibilities:

• Ability to have a thorough understanding of Portfolio and Secondary Market guidelines.
• Underwrite loan files originated within the financial institution and reviewing files for all necessary forms and information according to FNMA, FHLMC Secondary Market, and Bank underwriting guidelines.
• Analyzing applicant's financial status, credit and property evaluation to determine feasibility of granting loan.
• Ensuring all conditions of the loan approval are obtained and met the bank and or secondary market requirements.
• Adherence and compliance to correspondent guidelines, federal regulations, and bank policies
• Staying current on all applicable Regulatory changes
• Responsibilities also include other duties as assigned by the supervisor/manager

Competencies:

• Excellent team work ethic
• Ability to be flexible, highly motivated, fast paced and able to work well under pressure
• Excellent knowledge of Excel and Word
• Ability to handle multiple projects simultaneously
• Ability to prioritize and meet deadlines
• Possess writing skills and be able to compose a loan presentation and prepare customer letters and e-mail correspondence.
• Excellent oral and written communication

Supervisory Responsibility:

• This position has no supervisory responsibilities.

Required Education & Experience:

• 2 years' experience processing conventional residential mortgage loans.

Essential Job Functions:
Essential job functions include the employee occupying this position frequently will be required to perform problem resolution and communicate with both internal and external customers. The employee must be able to remain in a stationary position 60 percent of the time; frequently operate a telephone, computer, printer, and copier and fax machine; and occasionally move about inside the office to access file cabinets, office machinery, etc.
First State Bank of the Florida Keys is an equal opportunity employer which provides equal employment opportunities to all qualified individuals without regard to race, color, religion, gender, age, national origin, citizenship, disability, sexual orientation, marital status or any other basis protected by federal, state or local laws.
EOE M/F/V/D

Skills Required