Job Description
Description
Â
Chase originates $170 billion in residential mortgages and home equity annually, and services a portfolio of more than $500 billion. The home lending division serves borrowers nationwide through 2,400 local loan officers in 300 mortgage offices and 3,000 bank branches, as well as 450 representatives in call centers. In addition, the Chase Business-to-Business channel serves mortgage brokers and bankers in all 50 states through 15 processing centers and more than 700 account executives. Parent company JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.4 trillion and operations in more than 50 countries. Information about Chase’s mortgage products and services is available at http://www.chase.com/.
As an underwriter, you will be responsible for the analysis of submitted file for Capacity, Capital, Character, Collateral, and Condition. This includes ensuring that loan request meets program and product specifications or counter-offer to different product and/or program when appropriate. In addition, you will communicate decision (approval, suspense, denial) to appropriate individuals within JPMorgan Chase, uphold fair lending practices of JPMorgan Chase Mortgage, meet targets for productivity, quality, and customer satisfaction, and perform second review of contract underwritten denials.Â
Â
Qualifications
Minimum of one year experience as an underwriter
Minimum of two years in the mortgage lending business
Demonstrated expertise in Government, Agency (FHA/VA), and Jumbo guidelines
High level knowledge and understanding of government lending. Generally working to obtain the government designations (DE, VA Auto/Lapp)
Excellent analytical and decision making skills
Strong verbal and written communication skills
Ability to communicate well in difficult situations
Strong negotiation skills
Thorough knowledge of complex personal and business financial analysis and is proficient at cash flow and Adjusted Growth Income (AGI) self-employed income analysis and corporate tax returns.
Minimum of one year experience in underwriting first and/or second mortgages.
Demonstrated experience in underwriting both manually and through the use of automated underwriting systems.
Thorough knowledge of Mortgage Insurance policies
JPMorgan Chase offers an exceptional benefits program and a highly competitive compensation package.
JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V
 Locations  US-NY-Garden City Â
 Organization  Retail Financial Services Â
 Schedule  Full-time Â
 Job Type  Standard Â
 Shift  Day Job Â
 Employee Status  Regular Â
 Overtime Status  Exempt
Tags: mortgage, underwriter, underwriting, underwriting jobs
