$125,000 - $165,000 annually - Presidential Bank, FSB offers a competitive benefits package that includes paid vacation and sick leave, retirement plans, medical, dental and vision coverage, short- and long- term disability and life insurance.
Employee
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The Vice President, Regional Underwriting Manager is primarily responsible
for leading a team of mortgage underwriters, managing their workflow to ensure loans close on-time, and underwriting loans
Major Duties and Responsibilities:
- Oversee Underwriting Operations: Directly manage the Bank's underwriting functions for the mid-Atlantic and West coast regions, ensuring effective loan reviews and operational excellence
- Product and Guideline Expertise: Maintain an up to date, in-depth knowledge of Conventional, FHA, VA, USDA-RD and VHDA.
- Process and Quality Leadership: Develop and maintain a process that holds every team member accountable for producing high quality loan files and delivering excellent customer service for both internal and external partners.
- Team Development: Train, develop, mentor, coach and lead mortgage underwriters, championing a collaborative, participatory, and efficient work environment aligned with the mortgage division's financial goals.
- Staff Management: Directly manage the underwriter team, including monitoring staffing needs to meet agreed upon loan review turn time frames.
- Policy Implementation: Create, update and communicate underwriting policies and procedures, ensuring regulatory compliance and operational effectiveness.
- Processor Guidance : Provide guidance and advice to processors who support LOs in the mid-Atlantic and West coast regions.
- Cross-Regional Collaboration: Collaborate with ONE Presidential's and the Southeast regional leaders to improve process efficiencies, implement best practices, enhance Encompass features and load balance workload when volumes spike.
- Cross-Functional Partnership: Work closely with other functions (sales, processing, closing, post-closing, compliance) to ensure a smooth and efficient loan process.
- Compliance and Audit: Proactively review and understand compliance and audit findings to drive process and technology changes to reduce future findings.
- Performance Analysis: Prepare and analyze operational reports to evaluate performance and identify training opportunities, and track progress toward performance and operational goals.
- Communication: Clearly communicate turn times and other relevant information to
- Loan Underwriting: Personally underwrite loan as needed to support turn times and quality standards.
- Compliance Reporting: Report suspicious activity to the Compliance Department, and completing all required training.
- Other duties may be required and assigned.
Position Requirements:
- College graduate with background in business, economics, or finance preferred; or significant experience at the management level in a banking, mortgage banking, or credit union credit operation. Equivalent experience and formal training may substitute for degree.
- Experience with mortgage underwriting guidelines for various investors and the GSEs.
- In-depth knowledge of all mortgage products and services, policies, and procedures and related regulations.
- Demonstrated ability to make complex decisions regarding a variety of financial activities.
- Demonstrated leadership skills with ability to deal effectively with external corporate executives, the Bank's senior management and other functions within the mortgage division and the Bank.
- Demonstrated effective leadership skills that include creating and maintaining a positive work environment both with peers and co-workers, with focus on exceptional customer service to internal and external partners.
- Must be able to work effectively under pressure and tight deadlines.
- Must be a self-starter.
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Presidential Bank
Jul 25, 2025