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MUFG Union Bank Wholesale Underwriter III in Sacramento, California

Wholesale Underwriter III - 10044168-WD


Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2020). In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.

Job Summary

The Underwriter is responsible for reviewing, analyzing, making credit decisions and underwriting loans originated through Retail, Wholesale, HELOC and/or Alternative Delivery Channel originations.

Major Responsibilities:

  • Evaluating and manually underwriting loan packages

  • Validating data for loans approved by DU automated Underwriting engine

  • Reviewing loan approval conditions prior to funding a loan

  • Communicating with residential lending sales, brokers, customers and operations staff regarding non-loan origination activities such as loan decisions, conditions, scenarios, and underwriting guidelines

Role Attributes:

Individuals are knowledgeable in their area of expertise and are fully capable of executing/completing the most complex transactions and tasks. Identify and resolve problems in a timely fashion following established guidelines. Refer more complex problems to their supervisor or manager for resolution. Will be required to obtain and maintain Lending Authority levels. Primary focus of role is on day to- day deliverables, developing and delivering upon subject expertise, and occasionally representing the department or function at a broader level. Individuals at this level are expected to use some independence of thought but refer more complex transactions to other experts. May train, mentor and direct day-to-day work of junior staff, but will not typically have formal management role.

Certain incumbents in this role may also act as a team lead capacity. Responsibilities of a team lead may include:

Acting as a primary point of escalation

Assisting in reviewing or ensuring proper documentation or procedures or output of more complex activities.

Training or mentoring junior staff and assisting supervisor with day-to-day oversight of the team, however does not have direct management responsibility (i.e., does not hire / terminate staff).


Incumbent will typically have more than 5 years experience with a strong knowledge of the business and general office skills.



Incumbent will typically have more than 5 years’ experience with a strong knowledge Wholesale Underwriting and general office skills.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity / Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives, and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.

A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it's the bank's policy to only inquire into a candidate's criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.

Job : Credit

Primary Location : CALIFORNIA-Sacramento

Job Posting : Jun 4, 2021, 11:01:06 AM

Shift: : Day

Schedule: : Full Time

Req ID: 10044168-WD