19 days old

Underwriter - 2000166

Bank of Hawaii
Oahu, Hawaii
  • Job Code

Underwriter - 2000166


Bank of Hawaii
In 1897, Bank of Hawaii was the first chartered and incorporated bank in the Republic of Hawaii. Weve been here from territorial days, growing and changing with Hawaii. Today, we are the largest independent bank in Hawaii a result of knowing our business and community, and always staying ahead of change.  We are constantly finding creative ways to deliver leading edge financial services to our customers.  Now, were embracing change with our new 21st century banking.

Its our people who help us succeed in offering first class service and products to our customers.  As a member of the Bank of Hawaii community, you will be among the very best in your profession in an environment that places a high value on integrity, innovation and teamwork.  People who are agile, savvy, forward-thinking and entrepreneurial can learn and grow with us.


Does this sound like you?
Are you ambitious?  Want to make a difference in peoples lives?  Do you thrive in an environment that leverages your abilities as a fast learner, good listener, and problem-solver?   If you love challenges, relish complexity, and have moxie, consider applying your unique talents with a Hawaii banking leader Bank of Hawaii.  Here you can be at the forefront of whatever you do. Welcome to your tomorrow!


A day in your life as a Underwriter
Reports to the Mortgage Banking Division Operations Manager, responsible for all applicable residential loan underwriting documentation to complete a residential loan transaction pursuant to procedures and guidelines as set forth by Bank of Hawaii and secondary marketing investor requirements. If applicable or appropriate, assists in business units compliance with applicable laws, regulations, regulatory requirements and Bank policies and procedures, including but not limited to those related to Fair Banking, Anti-Money Laundering laws and regulations, Bank Secrecy Act and USA PATRIOT Act.


Well give you these important responsibilities

  • Analyzes all income, asset, credit, and title and property information in a residential loan for all loans including: All Cash out Transactions, Investor Loans, Loans with Subordinate liens, and Piggy back transactions. Validates the findings of the respective automated underwriting engine, pursuant to bank and secondary marketing requirements. Based on the validation, commits Bank of Hawaii to a loan decision. The analysis includes the review of all loan information, including, however, not limited to credit reports, appraisal reports, tax returns, financial statements, income and asset documentation. Ensures the integrity and consistency of data in the loan file and on the loan origination/processing system.
  • Communicates effectively, courteously and proactively with internal customers, which includes, however, is not limited to, other Processors, Support Processors, Loan Officers, Underwriters and other division employees, including Management, and external customers, maintaining quality of service standards as determined by Management. This includes maintaining a positive attitude.
  • Maintains quality of service standards, as established by Management, with respect to the approval of loans. Prepares documents pursuant to investor, bank and regulatory guidelines. Makes decisions on loans within specified timeframes, from the receipt of the file in Operations, pursuant to standards set forth by Management. Ensures the underwriting validation performed meets with Bank of Hawaii or other secondary marketing investor guidelines, as applicable. Maintains an exception rate on Credit Assessment Audits, Pre-Funding Validation Correction Reports, Quality Control Reports and Investor Repurchase Reports, as set forth by Management. Approves purchase transactions within specified deadlines as set forth on the Purchase Contract. Performs other duties as assigned relating to the approval of loans.
  • Obtains thorough product knowledge with respect to bank and secondary marketing guidelines and compliance regulations. Including but not limited to Fair Lending, Reg B (ECOA), Reg C (HMDA), Reg Z (TIL), Reg X and RESPA, Fair Credit Reporting Act.
  • Performs all other miscellaneous responsibilities and duties as assigned.

This position requires use of a personal computer and other standard office equipment (typewriter, fax, copier, calculator and telephone).


 if you come to us with these qualifications 

  • Education: Bachelors degree from an accredited institution or equivalent work experience.
  • Experience: Minimum 2 years of experience processing/underwriting mortgage loans or equivalent work experience.
  • Technical Skills: Demonstrated proficiency and expertise with personal computers in a networked environment and Microsoft applications (Outlook, Word, Excel, Access, and PowerPoint) or similar software. Knowledge of or ability to use Bank software and systems including Mortgage Origination Software Systems. High degree of typing proficiency.
  • Other Job Qualifications: Excellent written and verbal communication skills. Ability to work effectively and prioritize workload to meet deadlines. Must be able to perform job duties with moderate supervision. Able to work flexible hours including holidays, weekends and evenings as needed or assigned. Must be able to lift/push boxes weighing 30-40 pounds.

All qualified applicants will receive consideration for employment and will not be discriminated against on the basis of any legally protected classification including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or protected veteran status.  Bank of Hawaii takes affirmative action in support of its policy to advance in employment legally recognized individuals including minorities, women, protected veterans and individuals with disabilities.

Job Function Banking/Lending
Primary Location Hawaii-Oahu
Schedule Full-time
Job Posting Mar 9, 2020, 11:58:27 AM
Unposting Date Ongoing


Posted: 2020-03-09 Expires: 2020-04-10
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Underwriter - 2000166

Bank of Hawaii
Oahu, Hawaii

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