RCC Equity Underwriter

Overview

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Performs a wide range of duties related to the underwriting of consumer bank initiated residential real estate requests across multiple states. Render an underwriting decision within the bank's credit guidelines while ensuring compliance with federal lending regulations.

• Analyze consumer credit reports for Consumer Lending real estate applications to evaluate risk and make appropriate credit decisions for Direct Lending across multiple states, markets or geographic regions.
• Maintain an in-depth knowledge of continual enhancements and changes to the Fifth Third Consumer Lending policy and procedures to ensure consistent treatment of all real estate applications.
• Manage application pipeline to meet business objectives and stated Service Level Agreements.
• Ensure completeness and accuracy of real estate credit applications.
• Ensure HMDA purpose codes are accurate before rendering a final decision.
• Evaluate customer-provided credit documents to support credit decisions, including calculation of income, personal financial statement reviews, trust reviews, etc.
• Place orders for bank-obtained credit documents in accordance with real estate policy guidelines, and partner with retail and borrower to clear conditions regarding Property Reports, Appraisals, and Flood Certifications.
• Formulate and communicate credit decisions (approve, decline or counteroffer) in compliance with established underwriting guidelines, compliance and regulatory requirements.
• Demonstrate a solid understanding of the credit exception process, specifically identifying opportunities with applications and understanding the relevant compensating factors needed to present to the exception team.
• Review credit applications and recommend decisions on applications over their assigned authority to their manager or senior level underwriters for review before communicating final decisions.
• Partner with the Mortgage Line of Business to underwrite simultaneous first and second lien real estate loan requests, as appropriate.
• Develop business relationships and build rapport with internal customers across multiple states to achieve mutual goals.
• Host side-by-side visits for bank employees to gain understanding of processes and support recruiting for future needs.
• Demonstrate the ability to be a team player by providing superior customer service, being flexible and approachable.

• Must live within 30 miles of Cincinnati or Grand Rapids.
• College degree in Business or Finance or equivalent work experience.
• Minimum 3 years of Consumer Lending or related industry experience.
• Knowledge and understanding of basic financial analysis techniques.
• Strong interpersonal, written and verbal communication skills.
• Ability to make high-quality decisions and execute in a time-sensitive manner.
• Ability to handle multiple tasks and meet deadlines in a fast-paced environment.
• Ability to interact with Vice President level managers; build consensus; and motivate others.
• Strong analytical and organizational skills.
• This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS). Fifth Third will assist with the registration process and completion. The NMLS website provides MU4R questions and successful registration required for employment in this position.

RCC Equity Underwriter I

Total Base Pay Range 48,100. USD Annual

At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.

The base salary for this position is reflective of the range of salary levels for all roles within this pay grade across the U.S. Individual salaries within this range will vary based on factors such as role, relevant skillset, relevant experience, education and geographic location. In addition to the base salary, this role is eligible to participate in an incentive compensation plan, with any such payment based upon company, line of business and/or individual performance.

Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our  Careers page at:  or by consulting with your talent acquisition partner.

Location — Virtual, Ohio 00000

Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are…