Underwriter II

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates' potential for career advancement. Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.

Overview

The Mortgage Credit Review Specialist is responsible for conducting thorough reviews of mortgage loan files with a focus on collateral valuation, and regulatory compliance. This role includes reviewing appraisal reports for accuracy and consistency with lending guidelines and preparing adverse action notices when a loan does not meet credit or collateral requirements. The specialist works closely with underwriters, loan officers, and compliance teams to ensure high-quality credit decisions and adherence to lending policies.

Responsibilities

• Analyze and validate appraisal reports for accuracy, completeness, and compliance with regulatory and bank guidelines to minimize collateral risk
• Handle Reconsideration of Value (ROV) requests and act as the liaison between borrower and Appraiser/AMC to ensure ROV requests are documented, tracked and communicated appropriately and timely
• Identify deficiencies or risk concerns in collateral or borrower credit profile
• Prepare and issue denial (adverse action) letters in compliance with applicable Regulations
• Document findings and provide feedback to underwriting or processing teams asneeded
• Maintain knowledge of lending regulations, internal policies, and industry bestpractices
• Assist in internal audits or quality control reviews as required
• Participate in other departmental assignments or projects as deemed necessary
• May perform other duties as assigned

Qualifications

• 2+years of experience in mortgage underwriting, credit review, or appraisal review
• Strong knowledge of mortgage lending regulations, appraisal standards, and credit analysis
• Excellent attention to detail and written communication skills
• Experience with Encompass Loan Origination System and appraisal review application preferred

Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.

Compensation

The base pay range for this position is USD $35.00/Hr. - USD $45.00/Hr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.