Underwriter (Part-Time)

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  • Company Notable
  • Employment Full-time
  • Location 🇺🇸 United States, New York
  • Submitted Posted 3 days ago - Updated 5 hours ago

About Notable

Notable is transforming homeowner finance by helping homeowners maximize their property value. We partner with top real estate brokerages to offer seamless white-labeled programs that empower agents to win clients and create move-in-ready listings. We have helped over 30,000 homeowners across 48 states to sell their properties faster and at higher prices, across dozens of top brokerage partners like Compass, Berkshire Hathaway, Redfin, and many more. 

Join us on our mission to become the ultimate financial partner for every stage of homeownership.

About the Team & Role

We are seeking a part-time Underwriter to join our small but mighty Underwriting team. Notable’s unsecured line of credit is more lightweight, simpler and faster to approve than traditional personal or home loans, making it the obvious choice to fund material pre-sale staging and improvement projects. We’re underwriting our highest daily volume of loans to date, and so we opened this role to further support our borrowers!

As our part-time Underwriter, you’d be trusted to underwrite multiple new loans per day while offering a stellar customer experience. The target hours for this role are:

  • Monday through Friday 6-9pm EST (3-6pm PST)

  • Saturdays and Sundays 12-8pm EST (9-5pm PST)

This is a part-time, remote role, and reports directly to the Originations Manager. This is a great opportunity to pick up extra work outside of a traditional 9 to 5! You’d be eligible to work up to a maximum 25 hours per week within the above schedule and choose which two days off you’d like weekly, but let us know your ideal amount of hours and which days you’d like to work.

What You’ll Handle

Underwriting Responsibilities

  • Analyze new loan requests by following all internal underwriting policies and procedures, ensuring all loan transactions are accurate, complete and compliant.

    • Clear and document red flags; ensure due diligence is performed

    • Contacting applicants and agents for loan conditions

    • Accurately and timely analyze loan documentation submitted for loan conditions.

      • Credit reports, collateral evaluations, and/or other supporting documentation provided by applicants

    • Recommend/Approve applications within credit decisioning authority

Collaboration

  • Communicates with Notable team members and customers as necessary to achieve a mutually agreeable transaction, and underwrites the loan using sound underwriting judgment and independent judgment decision-making.

Customer Service

  • Resolve any issues preventing our customers from having an outstanding experience with Notable. This includes communication via phone, email, and text.

Ownership

  • Own the tracking and resolution of problems, working closely with other teams to ensure all issues or obstacles are appropriately logged, prioritized, and solved

  • Have a deep understanding of the ins and outs of each of our unique lending products, for example, each product’s payment options and eligibility requirements

Compliance

  • Respect borrower privacy regarding personal information, loan details, application details

  • Participate in annual trainings for AML/Anti-Fraud Program , FDCPA Compliance, Information Security, and Customer Privacy

Optimization

  • Recommend ideas and solutions for process improvements and risk prevention based on lending trends and observations.

  • Consistently meet performance standards.

  • Contribute to the achievement of Notable’s growth, profitability, and asset quality objectives.

How you’ll be Successful:

  • At 30 days, you will be familiar with Notable’s software, actively learning policies and job aids, start handling processing tasks

  • At 90 days, you will continue to drill down on policies and job aids, take on more independent work, and be running first reviews for approvals

  • At 6 months, you will start independently approving happy path applications and continuing to build on their foundation

  • At 1 year, you will work independently, approving most loan requests yourself!

What You Bring to the Team:

  • 2+ years experience with consumer loan underwriting and/or credit processing; it’s a bonus if you have extensive knowledge underwriting home equity loans and lines of credit!

  • Track record of team collaboration: you can work with professionals of various skillsets to provide an outstanding customer experience

  • Excellent analytical and critical thinking skills: for instance you can recognize potential red flags, inconsistencies within files documentation and spot other problem areas, then initiate proper mitigation action

  • Strong communication skills: you can clearly guide our customers and internal partners

  • Emotional intelligence: you have a high level of empathy and the ability to build trust and rapport with customers and stakeholders

  • A positive mindset: that includes flexibility, honesty, and a hands-on approach to solving problems

  • Excellent time management skills: this includes effective prioritization skills and the aptitude to work under time and deadline pressure, no matter how large the workload

  • Excellent computer skills: this will help you onboard quickly and navigate our systems effectively

The compensation for this position ranges from $25 - $35 per hour. Compensation may vary outside the listed range, based on a number of factors including but not limited to location, qualifications, performance, skills, and experience. If hired, employees will be in an ‘at-will position’ and Notable reserves the right to modify hours and compensation (as well as any other discretionary payment or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors.

Notable's Core Values:

  • Have Integrity: Act in good faith and communicate constructively

  • Own the Outcome: Accountability is essential for effective collaboration

  • Adapt to Thrive: Grow by taking on new challenges, responsibilities, and perspectives

  • Think Fast: We succeed by learning and executing faster than our competitors

  • Be Notable: Go above and beyond to be worthy of attention or notice

Notable is proud to be an affirmative action and equal opportunity employer committed to building a diverse and inclusive team. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, protected veteran status, or any other characteristic protected by federal, state or local laws.

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