Mortgage Senior Underwriter
Not Disclosed•Full-TimeOn-site
location_on320, Prospect Avenue, West Village, Downtown, Buffalo, Erie County, New York, 14201, United States
About the Role
This position serves as a critical gatekeeper for M&T Bank's mortgage portfolio, responsible for underwriting conventional, FHA, and VA residential loans. The role exists to ensure every loan meets the rigorous standards of M&T Bank and secondary market investors, guaranteeing sound credit quality and saleability while strictly adhering to Federal SAFE Act registration requirements.
You will act as the central hub for decision-making, collaborating daily with internal teams—including Account Executives, Loan Officers, and Processors—as well as external partners like Realtors and Mortgage Brokers. Your day involves interpreting Automated Underwriting System (AUS) findings, assessing credit and collateral risks, and resolving post-closing issues to expedite loan closings. This role requires a proactive approach to staying current on evolving investor guidelines and regulatory changes to maintain the bank's reputation for reliability.
Our Commitment to Culture
M&T Bank is dedicated to fostering an environment that supports belonging and reflects our brand values. We are committed to fair, competitive, and market-informed pay for all employees. As part of our internal control standards, we expect all team members to maintain timely implementation of audit points and regulatory requirements, ensuring a secure and compliant workplace for everyone.
Location
This role is based in Buffalo, New York, United States of America.
Work location
Work model: On-site
320, Prospect Avenue, West Village, Downtown, Buffalo, Erie County, New York, 14201, United States
Buffalo, New York
Key Responsibilities
- check_circlePerform risk assessment of credit and collateral to ensure loan saleability
- check_circleResolve post-closing issues to maintain loan saleability
- check_circleMaintain federal registration requirements under the SAFE Act
- check_circleUnderwrite conventional, FHA, and VA residential mortgage loans per investor guidelines
- check_circleRe-underwrite and verify loan documentation samples monthly for accuracy
- check_circleCollaborate with internal staff and external parties to expedite loan closings
- check_circleImplement internal control standards and address audit or regulatory issues
- check_circleEnsure loans comply with federal, state laws, and investor requirements
Requirements
- verifiedAssociate's degree or 2 years relevant work experience plus 4 years mortgage underwriting experience
- verifiedDirect Endorsement (DE) or LAPP approval
- verifiedThorough knowledge of DU/LP valuations
- verifiedThorough knowledge of conforming and non-conforming guidelines
- verifiedFederal registration requirements under the SAFE Act
Similar Job Opportunities
Skills, education and keywords
Skills: Mortgage Loans, Fha, Va, Aus, Manual Underwriting, Risk Assessment, Du, LP, Safe Act, Direct Endorsement.
Education: Associate's degree or equivalent experience required.
Frequently asked questions about Mortgage Senior Underwriter at M&T Bank
What does a Mortgage Senior Underwriter at M&T Bank do?expand_more
Day-to-day, the Mortgage Senior Underwriter at M&T Bank will perform risk assessment of credit and collateral to ensure loan saleability; resolve post-closing issues to maintain loan saleability; maintain federal registration requirements under the safe act; and underwrite conventional, fha, and va residential mortgage loans per investor guidelines.
What are the requirements for this Mortgage Senior Underwriter role?expand_more
To qualify for the Mortgage Senior Underwriter at M&T Bank position, applicants should have: Associate's degree or 2 years relevant work experience plus 4 years mortgage underwriting experience; Direct Endorsement (DE) or LAPP approval; Thorough knowledge of DU/LP valuations; Thorough knowledge of conforming and non-conforming guidelines; and Federal registration requirements under the SAFE Act.
Where is the Mortgage Senior Underwriter role at M&T Bank located?expand_more
Mortgage Senior Underwriter at M&T Bank is based in 320, Prospect Avenue, West Village, Downtown, Buffalo, Erie County, New York, 14201, United States. This is a on-site role.
Is this Mortgage Senior Underwriter job remote, hybrid, or on-site?expand_more
M&T Bank has listed this Mortgage Senior Underwriter role as on-site.
How much experience is required for this Mortgage Senior Underwriter role?expand_more
Mortgage Senior Underwriter at M&T Bank typically requires 2–6 years of relevant experience at the senior level.
What skills do you need for the Mortgage Senior Underwriter role at M&T Bank?expand_more
Key skills for Mortgage Senior Underwriter at M&T Bank include Mortgage Loans; Fha; Va; Aus; Manual Underwriting; Risk Assessment; Du; and LP.
What education is required for Mortgage Senior Underwriter at M&T Bank?expand_more
Educational requirements for this role: Associate's degree or equivalent experience required.
What category does the Mortgage Senior Underwriter role belong to?expand_more
Mortgage Senior Underwriter at M&T Bank is part of the accounting & finance job category on Recrutus.