Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $50 billion in assets as of Dec. 31, 2017. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has approximately $30 billion of deposits and more than $40 billion of assets. CIT provides financing, leasing, and advisory services principally to middle-market companies and small businesses across a wide variety of industries. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. For more information, visit cit.com.
Responsible for providing quality and consistent underwriting of mortgage loans, focusing on highly complex loans, to ensure compliance with appropriate company standards.Assess the borrower(s) ability to repay, including validation of the borrower(s) employment, income, credit, assets and collateral as well as clearing any applicable underwriting conditions.
- Maintain up to date knowledge of all agency and investor underwriting guidelines and credit overlays.
- Provides high quality customer service, including underwriting to the companies service level expectations.
5+ years recent underwriting experience
Exposure to underwriting at a national level and in multiple markets
Strong communication skills and ability to interact with front line business unit
Proficiency with Desktop Underwriting required
Experience with conventional and jumbo underwriting
VA certification and experience preferred but not required
Designated Endorsement certification and recent FHA experience preferred