Mortgage Underwriter IV
Opening can be filled at our Superior, WI or Baxter, MN locations
Job Type: Full-Time, Exempt
Across Minnesota and Wisconsin, National Bank of Commerce is making a difference in the financial lives of the people, communities, and businesses we serve. We exist to help our customers accomplish more than they could on their own. Join our creative and accomplished professional team to help us make more possible.
The Mortgage Underwriter IV is responsible for assessing creditworthiness for all mortgage loan applications, including residential purchases, refinances, home equity loans, lines of credit, and consumer loans. This role analyzes financial documentation and collateral using established underwriting guidelines and communicates decisions to the appropriate banking team members. The position ensures all decisions comply with internal policies, investor requirements, and regulatory standards.
Compensation and Benefits
- Full-time annualized starting salary range for this position is $60,000 to $90,000, contingent on relevant skills, training, experience, education, and other job-related factors permitted by law.
- National Bank of Commerce offers an excellent benefits package including health, dental, and vision plan for you, your spouse, and eligible children, Health Savings Account (HSA) contribution (including employer contributions), flexible spending accounts, 401(k) plan with a generous match, paid time off program, paid holidays & floating holidays, volunteer time off program, employer paid life insurance, voluntary life plans, short-term disability insurance, long-term disability insurance, health and wellness incentive, and employee assistance program.
- Bachelor’s degree in business, finance, accounting, or related field; or equivalent experience
- Minimum of five years of real estate underwriting or related experience
- Required education/certifications for government-agency mortgage underwriting
- Strong knowledge of compliance and regulatory requirements, including REG B, REG O, ECOA, Patriot Act, Fair Credit Reporting, CRA, HMDA, and RESPA
- Expert understanding of secondary market guidelines (Fannie Mae and Freddie Mac)
- Ability to identify and apply investor guideline overlays
- Eligible for National Mortgage Registry registration
- Advanced analytical and decision-making skills
- Proficient in mathematics, Word processing, and Excel
- Broad knowledge of mortgage and consumer lending practices, credit culture, and bank products/services
- Strong verbal and written communication skills
- Solid understanding of mortgage finance
- Ability to work accurately under deadlines
- Effective team collaborator
- Ability to read and interpret instructions, regulations, policies, and correspondence; able to write clear and effective communications and present information to individuals or groups
- Demonstrated alignment with NBC core values: Respect, Integrity, Teamwork, and Accountability
National Bank of Commerce is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law. National Bank of Commerce will comply with all federal and state laws concerning the application and employment of people with disabilities.
