Manager, Home Loan Underwriting

A career at The Auto Club Group (ACG) can be satisfying, exciting and rewarding. By aligning your professional development with our business objectives, ACG can help you attain your career goals — and make a difference. Get started by choosing the career that’s right for you.

Dearborn, MI

The Auto Club Group

AAA was founded over 100 years ago for the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles — all to better promote the love of the open road and the adventure of driving. Since then, AAA has grown to over 50 million members strong, while providing valuable membership services such as roadside assistance. Additionally, AAA has broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and financial products and services. Today’s AAA is a national federation comprised of more than 50 individual clubs throughout the United States and Canada. Whether you’re traveling around the world or to the corner grocery store, planning a honeymoon or weekend road trip, learning to drive or in need of a battery boost, the best way to begin your journey is with AAA.

keywords: compensation,about acg,administration,quality assurance,maintenance,procedure,analysis,financial services,experience,values,education,skills,knowledge

Full Time

Competitive Compensation and Benefits Package

Overview: <strong>About ACG</strong> <br />The Auto Club Group (ACG) provides membership, travel, insurance, and financial services offerings to approximately 9 million members and customers across 11 states and 2 U.S. territories through the AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second-largest AAA club in North America.<br /><strong><br />Compensation</strong> <br />The Auto Club Group offers competitive compensation and benefits packages including a base salary with performance-based incentives; medical/dental/vision insurance, pension, 401(k), generous time off, a complimentary AAA Membership, and much more!
Responsibilities: <ul> <li>Assign files and manage workload, answer questions as needed.&nbsp;</li> <li>Maintain Production and Quality Performance metrics for the team.&nbsp;</li> <li>Provide input into operational initiatives, benchmarks, and metrics to meet department objectives.&nbsp;</li> <li>Perform second-level review of large loan amounts or files that require an exception.&nbsp;</li> <li>Serve as a subject matter expert in residential underwriting and overall risk management for the division.&nbsp;</li> <li>Monitor and codify guidelines, overlays, and industry trends related to loan underwriting and home equity lending.&nbsp;</li> <li>Guidelines include, but are not limited to Fannie Mae, Freddie Mac, FHA, VA, and specific investors.</li> <li>Ensure integrity in the interpretation of and response to all state and federal regulations affecting the underwriting and issuance of mortgage credit to borrowers.&nbsp;</li> <li>Maintain compliance with all associated regulations and corporate guidelines.</li> <li>Work with Systems Administration to maintain the Loan Origination System.</li> <li>Monitor and manage the Appraisal and Quality Control vendors.&nbsp;</li> <li>Review and sign off secondary market loan denials, credit exceptions, valuation issues, and other items as needed to ensure all Home Loans originated are of investment quality.&nbsp;</li> <li>Monitor FEMA declared disasters and set policies to mitigate associated risk.&nbsp;</li> <li>Partner with Sales and Processing Managers to optimize process flow and meet Division Goals.&nbsp;&nbsp;&nbsp;&nbsp;</li> <li>Administer corporate and departmental policies and procedures within the assigned team.&nbsp;</li> <li>Provide input for development and revision of department procedures related to processing residential real estate loans.&nbsp;</li> <li>Monitor results to ensure that standards are maintained and consistent with strategic goals and objectives.&nbsp;</li> <li>Recommend and implement improvements to processes and services provided.&nbsp; Create and monitor departmental budgets.</li> </ul> <br /> <p align="left"><strong>How you will benefit:</strong></p> <ul> <li>Our Auto Club Group&nbsp;<strong>Manager, Home Loan Underwriting&nbsp;</strong>earn a competitive salary with a potential of earning bonuses</li> </ul> <ul> <li>Excellent and comprehensive benefits packages are just another reason to work for the Auto Club Group. Benefits include: <ul> <li>401k Match</li> <li>Medical</li> <li>Dental</li> <li>Vision</li> <li>PTO</li> <li>Paid Holidays</li> <li>Tuition Reimbursement</li> </ul> </li> </ul>
Requirements: <p align="left"><strong>Education:</strong></p> <ul> <li>College coursework in Business Administration or a related field</li> <li>Bachelor&rsquo;s degree from an accredited college or university preferred</li> </ul> <p>&nbsp;</p> <p><strong>Experience:</strong></p> <ul> <li>Five years of experience in residential mortgage underwriting of mortgages sold in the secondary market</li> <li>Four years of management experience in the Mortgage Industry</li> <li>Underwriting of all types of loans for sale in the secondary market and for portfolio use</li> <li>Ability to analyze technical issues and complex data to develop sound conclusions</li> <li>PC software applications&nbsp; including Word and Excel</li> <li>Working with Automated Underwriting Systems</li> <li>Working with Encompass Loan Origination System preferred</li> </ul> <p>&nbsp;</p> <p><strong>Knowledge of:</strong></p> <ul> <li>Mortgage and home equity loan/line products, services, pricing, tax, and regulatory requirements</li> <li>FCRA, ECOA, and other federal/state regulations regarding the extension of credit</li> <li>AMC and QC requirements of Fannie Mae, Freddie Mac, FHA, VA, and applicable investors&nbsp;&nbsp;</li> </ul> <p>&nbsp;</p> <p><strong>Ability to:</strong></p> <ul> <li>Assist with the expansion of the current business plan allowing for the origination and sale of first mortgage loans in the secondary market to multiple investors and the GSEs</li> <li>Assist senior staff in building a growing residential lending business</li> <li>Display sound negotiation skills and good business judgment when working with the applicant(s) and outside lien holders to clear underwriting and title issues</li> <li>Identity and provide input for real estate loan processing procedure improvements</li> <li>Provide direction to and/or assist in the development and training of sales and processing staff when warranted</li> <li>Effectively communicate with Senior Management, internal and external customers, and external clients and vendors</li> <li>Willingness and ability to work flexible hours.</li> </ul> <br /> <p align="left"><strong>What it&rsquo;s like to work for us:</strong></p> <p align="left">We serve our members by making their satisfaction our highest priority. We do what&rsquo;s right by sustaining an open, honest and ethical work environment. We lead in everything we do by offering best-in-class products, benefits and services. And we value our employees by seeking the best talent, rewarding high performance and holding ourselves accountable.</p> <p align="left">All in all, we create an inclusive and welcoming environment of diverse backgrounds, experiences and viewpoints, realizing our differences make us stronger.</p> <p><strong>Who we are:</strong></p> <p align="left">The Auto Club Group helps AAA Members enjoy life&rsquo;s journey with peace of mind by providing innovative solutions, advocacy and membership benefits wherever and whenever they need them. We currently conduct business in 14 states in the upper Midwest and the Southeast.</p> <p align="left">The Auto Club Group has established four long-term enterprise goals:</p> <ul> <li>Long-term, sustainable, profitable growth</li> <li>AAA Membership growth and renewal</li> <li>Operational excellence</li> <li>Become the &ldquo;flagship club&rdquo; of the AAA Federation</li> </ul> <br />Important Note: The above statements describe the principle and essential functions, but not all functions that may be inherent in the job. This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements. Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfil these requirements.<br /><br />The Auto Club Group, and all of its affiliated companies, is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability or protected veteran status.