Pay Range: $86,200.00 - $125,600.00 - $165,000.00

Job Responsibilities:

10 % of time: Customers

5 % of time: Employees in other departments

80 % of time: Company management

5 % of time: Company executives

Staff member is expected to consistently adhere to regulatory and compliance policies and standards linked to their job as listed. Staff member will not repeatedly act in a manner signifying intentional or willful noncompliance, nor exhibit gross negligence or a general disregard for compliance and regulatory standards. Staff member must ensure compliance with applicable federal, state and local laws and regulations. Staff member must complete all required compliance training on a timely basis. Staff member will maintain knowledge of and adhere to Flagstar's internal compliance policies and procedures. Staff member must take responsibility to keep up to date with changing regulations and policies.

Talent Management includes, but is not limited to: conduct performance appraisals, coach and develop staff, hold accountability meetings, conduct team performance meetings, perform employee observations, maintain a manager action plan, maintain a low performer action plan, ensure cross training/back-up is available, implement succession planning, ensure all staff comply with compliance requirements, successfully exercise the usual authority of a manager.

If manager is accountable for managing a direct expense budget: Manage the direct expense budget for assigned area, address variances, and take appropriate action. Coach team related to cost effective spending within the business unit.

If manager is not accountable for managing a direct expense budget: Coach team related to cost effective spending within the business unit.

Job Requirements:

• Bachelor's degree or comparable work experience


• Minimum of 7 years prior underwriting experience


• Minimum of 5 years of management experience with staffing (minimum) of 15+ underwriters.


• Knowledge of Fannie and Freddie's automated underwriting systems required.


• Strong knowledge of FNMA and FHLMC guidelines and CFPB regulations required.


• Knowledge and expertise of conventional, government, and jumbo product underwriting guidelines.


• Ability to analyze and determine the credibility of residential appraisal.


• Excellent verbal and written communications skills and ability to prepare senior management presentations.


• Ability to work autonomously and handle multiple projects simultaneously.


• Strong analytical, time management and organizational skills with close attentional to detail.


• Strong interpersonal, problem resolution and team building skills required.


• Ability to work under minimal supervision.


• Completely utilize computer software - MS Word, MS Excel and email are an integral part of day to day activity.


• Ability to work regularly scheduled hours, 8:30 - 5:00 Monday - Friday, some weekend or evening hours and travel may be required upon business need.