Job Description

If you are looking for a great place to work, and reach your potential, look to Peoples Security Bank & Trust.

We continue to grow and are always looking for the right people to join our team.

Our Mortgage Loan Underwriters are responsible for performing administrative and underwriting duties to support the mortgage loan function; acquiring intricate knowledge of underwriting and selling guidelines, especially those associated with the secondary market; achieving goals as established in the Bank’s business objectives; coordinating work within the department, as well as with other departments; complying with operating policies and procedures established for the mortgage loan function; communicating with appropriate personnel; maintaining appropriate records and providing assigned reports.

Essential Duties:

Performs administrative and underwriting duties to support the mortgage loan function of which the following are illustrative:

• Assists with pre-qualification underwriting and loan structuring.
• Performs of due diligence and underwriting once loans are under application.
• Verifies and reviews financial loan documents.
• Assesses borrower(s) credit worthiness.
• Processes and issues all required disclosures.
• Communicates changes in loan terms as necessary.
• Prepares recommendations for credit review committee or loan originators.
• Reviews loan documents for completeness.
• Assembles loan documents in loan file, including acceptance or denial and returns file to origination mortgage loan office.
• Notifies all required personnel of disposition of underwriting results.
• Performs credit analysis and approves mortgage loans within established lending authority.
• Maintains knowledge of FHA, VA, and USDA lending guidelines.
• Perform Administrative Compliance Reviews of subject property appraisals for completeness, accuracy, adequacy and validity in accordance with financial institution policy
• Maintains intricate knowledge of underwriting and selling guidelines, especially those associated with the secondary market.

Ancillary Duties:

• Perform tasks which are supportive in nature to the essential functions of the job, but which may be altered or re-designed depending upon individual circumstances.

Benefits Offered to Peoples Security Bank Employees

**Our College Tuition Reimbursement Benefit can help you achieve your long-term career and educational goals**

• Medical Plans
• Dental Plan
• Vision Plan
• Life Insurance
• Disability Insurance
• 401(K) Plan
• Paid Time Off
• Paid Holidays
• Paid Volunteer Time Off
• Employee Assistance Program
• Banking Classes
• Internal Advancement Opportunities

Company Overview

Community has and always will be our purpose. We were founded on the principle to be a bank that people can trust. We would not be where we are today without the dedication that our employees have had since we first opened our doors. Our values still hold true to this day, and we are making strides to continue to grow with our amazing team.

We believe that operating with a core set of values will be integral to the success of Peoples Security Bank & Trust for our employees, customers, shareholders and communities.

• PEOPLE | Working together for a common good by engaging our customers and communities.
• SERVICE | Consistently deliver a safe, reliable and positive banking experience for our customers.
• BETTER | A commitment to excellence in every interaction.
• TRUST | Integrity, accountability, guidance, and support form the foundation for every customer engagement.

We believe our team is what makes our organization successful. Hearing their stories show a path of growth and enrichment in their careers. Every single team member truly makes a difference within our company and we're grateful for each employee who chooses to work with us.

Peoples Security Bank and Trust Company is an Equal Opportunity Employer

Requirements:

Education/Training: Associate degree or equivalent knowledge normally required; specialized bank education/training related to mortgage lending.

Experience: A minimum of 5 years' related experience normally required.

Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the essential job functions of this position, the employee is regularly required to sit, stand, talk, hear, walk, use hands and fingers, handle or feel objects, and reach with hands and arms. At times required to stoop, kneel, bend, crouch and lift up to 25 pounds. This position requires regular use of a computer.

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