Junior Mortgage Underwriter

Job Description At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service® is more than part of our name, it's our mission and our purpose. The Junior Mortgage Underwriter is responsible for underwriting loans in accordance with Fannie Mae, Freddie Mac, WSFS Bank policy, and WSFS Mortgage investor guidelines. The Junior Mortgage Underwriter reviews, analyzes, and renders decisions on customer applications for mortgage loans. This role ensures that all mortgage loan requests are underwritten in compliance with current Bank policies as well as federal and state regulations, up to the Mortgage Underwriter's credit approval authority. Responsibilities include reviewing loan files for completeness, appropriate creditworthiness, and adequate supporting documentation; reviewing financial statements, personal tax returns, and cash flow analyses when applicable; and making credit decisions while properly documenting the loan file and systems with the appropriate information.

Job Responsibilities:

Manage individual daily underwriting pipeline workflow to ensure SLAs are met. Remain up to date on all applicable regulatory requirements. Remain up to date on all conventional underwriting guidelines. Ensure department procedures are kept up to date. Handle underwriting questions from internal partners across all departments. Ensure the underwriting team maintains acceptable quality control results.

Minimum Qualifications:

Must have 3 years of Mortgage Underwriting or Processing experience. Must have practical knowledge of loan documents and FHLMC/FNMA and portfolio lending practices. Must have knowledge of State and Federal agency regulatory policies and procedures. Knowledge of Desktop Underwriter and Loan Prospector. Knowledge of income calculations for all income sources. Must be proficient at building internal and external relationships. Strong verbal and written communication skills Must be highly organized and able to prioritize. Must have strong analytical and problem-solving skills. Must be able to work in a fast-paced environment. Prior experience with Encompass preferred. Must be proficient with Excel.

Salary Range:

$48,416.00 - $79,541.75 Individual base pay may vary on additional factors such as the candidate's experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs. In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; a 401(k) plan; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs. Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays. Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate's location and employment status. For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/ WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at careers@wsfsbank.com. WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. At WSFS Bank we empower our Associates to forge the careers of their dreams, we guide our Customers to secure their financial futures, and we actively support our Communities so they can fully thrive. We know that when we work together and move forward with purpose a brighter path to the future lies ahead for our Associates, our Customers, and the Communities we serve. WSFS Financial Corporation (WSFS) is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally-headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2023, WSFS Financial Corporation had $20.3 billion in assets on its balance sheet and $65.6 billion in assets under management and administration. WSFS operates from 119 offices, 92 of which are banking offices, located in Pennsylvania (61), Delaware (39), New Jersey (17), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name.