Hiring: Senior Mortgage Underwriter Company: East West Bank Location: El Monte, CA Job Posted Time: 2026-09-17 10:03:14 About the job Experience: •5+ years of extensive experience underwriting increasingly complex mortgage transactions. Required Skills: •Underwrite a high volume of primarily agency loans (including Fannie Mae), with demonstrated capability to evaluate and approve portfolio loans using sound credit judgment and risk assessment. •Perform comprehensive reviews of loan files to validate accuracy, completeness, and compliance with company policies, federal regulations, agency guidelines, and applicable state and local requirements. •Conduct in-depth analysis of borrower creditworthiness, including loan-to-value (LTV), debt-to-income (DTI) or debt-to-asset (DTA) ratios, credit profiles, income and asset verification, and source of funds, while proactively identifying potential fraud or misrepresentation risks. •Evaluate residential appraisals to confirm collateral adequacy and ensure alignment with secondary market standards, investor overlays, and internal quality expectations. •Collaborate cross-functionally with Loan Officers, Processors, and Operations teams to resolve file deficiencies, streamline documentation collection, and ensure efficient loan progression. •Exercise independent judgment in determining when additional documentation or clarification is necessary to support sound underwriting decisions; issue clear, concise, and actionable conditions. •Provide informed guidance on loan structuring and program options, supporting optimal borrower outcomes while mitigating risk exposure. •Maintain current knowledge of regulatory changes, underwriting guidelines, and market trends to ensure compliant and consistent decision-making. Qualifications: •At least 5+ years of extensive experience underwriting increasingly complex mortgage transactions. •High school diploma or equivalent required; college courses/technical training related to Business, Finance/Accounting, Legal, or related field is preferred. •Prior experience using internal data entry systems, loan origination systems, Microsoft Office, and PDF/Document Retention programs. Experience working within Encompass preferred. •Expert knowledge of end-to-end mortgage lending processes, including underwriting, processing, and funding. •Advanced expertise in evaluating borrower documentation (e.g., tax returns, financial statements, income and asset verification) to ensure accuracy and compliance. •Comprehensive expertise in underwriting standards and regulatory requirements, including federal, state, agency, and internal controls governing residential mortgage lending. •Strong critical thinking and analytical skills, with the ability to assess complex data, draw sound conclusions, and evaluate downstream risk impacts. •Proven ability to manage multiple priorities in a fast-paced, deadline-driven environment with a high sense of urgency and accountability. •Solid numerical aptitude to support financial and credit analysis. •Excellent verbal and written communication skills, with the ability to convey complex information clearly and effectively. Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!