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Manager, Underwriting Services (Throttle)

better · 30+ days ago
Negotiable
Full-time
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Better is reimagining home finance and making it faster, cheaper, and easier for everyone to become a homeowner. We leverage creative technology and innovation to make the home buying journey more approachable and understandable and home finance more affordable and accessible. Here are some interesting facts to help you get to know Better:

 - We’ve funded over $100 billion in loans for our customers, more than any other fintech
 - We ranked #1 in the U.S. on LinkedIn's Top Startups 2020 and 2021
 - We are Forbes’ Best Online Mortgage Lender for 2023
 - We are USA Today’s Best Mortgage Lenders of 2023, Best for FHA Loans
 - We have raised over $1.2 billion in equity capital to transform the mortgage industry, the largest financial asset class in the world
 - And we’re just getting started!

We are a place where smart, hungry, ambitious people who want to recognize their full potential thrive. 

Responsibilities

As the Manager of the Underwriting Services team, you will:
 
●       Manage a Mortgage Operations team, ensuring compliance with FNMA, Freddie Mac and Non-Conforming Underwriting Guidelines.
●       Oversee the team responsible for ordering, reviewing and processing credit supplements, payoffs and employment verifications, ensuring timely and accurate completion of these critical tasks.
●       Plan, strategize and implement operational processes to enhance efficiency and productivity.
●       Ensure the team exceeds the production targets and maintains high-quality standards.
●       Monitor and maintain the SLAs, introducing measures to reduce TAT, while ensuring compliance with regulatory and quality standards.
●       Drive continuous improvement initiatives to optimize operational workflow.
●       Conduct regular performance evaluation, provide coaching and foster a culture of excellence and accountability within the team.
●       Work closely with Senior Manager of Underwriting Services and cross functional teams to drive initiatives of Underwriting augmentation.
 
 
 About you

We are looking for a manager that can lead this team to success. We’ll be looking for the following characteristics during our search for you:

●       6+ years of experience underwriting FNMA, FHLMC, FHA and Jumbo mortgages
●       4+ years of experience managing within a mortgage operations team.
●       Knowledge of 4 C’s of Underwriting.
●       Experience in Post Close Audits and Pre-Close QC will be preferred.
●       Strong data analysis skills with proficiency in Excel for operational tracking and reporting.
●       Prior experience managing offshore teams
●       Knowledge of agency underwriting product guidelines
●       Familiarity with Desktop Underwriter (DU) & Loan Product Advisor (LPA)
●       Strong communication, organization, and time management skills
●       Ability to troubleshoot and solve problems independently
●       Ability to maintain composure in a fast-paced environment
●       The drive to build something new.
 



Company Benefits

In Office Perks 

Experience our comprehensive office perks, including daily meals and transport facility for commuting to and from the office, available for all employees coming to the office.

 
Health & Well-being

Our comprehensive medical plan is available for you, your spouse and dependents. Employees are covered under Mediclaim, Group Term life insurance and Accidental insurance.
 
Other Perks at Better

Experience flexibility with our night shift allowance, work from home allowance and transportation allowance, where applicable. We prioritize your convenience.
 
 

Last updated on Sep 12, 2024

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