Company: BMO Financial Group
Position: Commercial Underwriter
Industry: Banking & Financial Services
Location: Illinois, United States (Remote)
Employment Type: Full-Time
Salary: $63.3K – $117.2K per year
Email: BMOCareers.Support@bmo.com
Role Overview:
-
Analyze and adjudicate new customer credit applications
-
Make credit decisions aligned with lending policies
-
Support strategic initiatives with stakeholders
-
Provide data-driven insights and recommendations
Primary Duties:
-
Evaluate mortgage and commercial credit applications
-
Prepare regular and ad-hoc reports and dashboards
-
Monitor performance metrics and resolve issues
-
Assist customers with credit-related transactions
-
Maintain compliance with policies and regulations
Required Qualifications:
-
8+ years of mortgage underwriting experience
-
Post-secondary degree in Business or related field
-
FHA and VA underwriting experience in the U.S.
-
Strong knowledge of HUD Handbook 4155.1 and 4155.2
-
Experience with DU/LP web-based approval systems
Preferred Skills:
-
Prior relationship management experience
-
Strong financial analysis and tax return review skills
-
Expertise in credit risk assessment and cash flow analysis
-
Excellent communication and collaboration abilities
Benefits & Perks:
-
Health, accident, and life insurance coverage
-
Tuition reimbursement support
-
Retirement savings plans
-
Performance-based incentives and bonuses
-
Professional growth and training opportunities
How to Apply
Send your resume at BMOCareers.Support@bmo.com