Underwriting and Risk Intern

 

UWM's 12-week internship program offers an immersive experience with around 200 interns, job shadowing, access to senior leaders, and extensive networking opportunities. Experience our one-of-a-kind workplace that thrives on collaboration, teamwork, and innovation. This internship is designed to give you a running start, not one that has you running errands.

The Underwriting Summer Internship Program at United Wholesale Mortgage provides a valuable opportunity for students interested in the financial and mortgage industry to gain practical experience in mortgage underwriting. Interns will work closely with UWM's underwriting team, learning the intricacies of assessing loan applications and gaining valuable insight into the decision-making process.

The Risk Management Summer Intern will assist the Risk Management team in identifying, assessing, and mitigating various risks associated with UWM's operations. This internship provides an excellent opportunity to gain hands-on experience in risk analysis, compliance, and operational assessments within the mortgage industry.

This position is not eligible for employer-sponsored work authorization, either now or in the future. Applicants must be authorized to work in the United States without employer sponsorship.

WHAT YOU WILL BE DOING

UNDERWRITING

Underwriting evaluates borrowers' ability to repay loans, ensuring compliance with investor guidelines and regulatory standards. Underwriters review credit, income, debt, collateral, and funds using automated systems for consistent quality.

• Create reports and present findings to Senior Leadership.
• Analyze data to help the business as a whole.
• Create and enhance training materials.
• Assist our Underwriting Training team with classroom enrollments and other various data projects.
• Analyze hiring trends and their impact on the team.
• Work in Microsoft Office products and PowerBI
• Create reporting dashboards to be used by Senior Leadership.
• Facilitate fun and friendship activities for the team.

RISK MANAGEMENT

• Assist in conducting risk assessments and evaluations for various business operations and processes.
• Support the development and implementation of risk management policies and procedures.
• Conduct research on industry trends and best practices related to risk management.
• Help analyze data and prepare reports on risk exposures and mitigation strategies.
• Participate in team meetings and contribute to discussions on risk management initiatives.
• Assist in the monitoring of compliance with risk management policies and regulatory requirements.
• Perform other duties as assigned by members of the Risk Management team.

WHAT WE NEED FROM YOU

• Graduating with a bachelor’s degree in 2027 or 2028 (current junior/senior status)
• The ability to work Monday through Friday, 40-hours a week, fully on-site in Pontiac, MI from May 17th - August 6th
• Currently enrolled in a degree program related to Finance, Business Administration, Risk Management, or a related field
• An openness to learning, willingness to be coached, and ability to be flexible in our every-changing industry
• Ability to thrive in a team environment

THE PLACE & THE PERKS

Ready to join thousands of talented team members who are making the dream of home ownership possible for more Americans? It’s all happening on UWM’s campus, where our award-winning workplace packs plenty of perks and amenities that keep the atmosphere buzzing with energy and excitement.

It’s no wonder that out of our six pillars, People Are Our Greatest Asset is number one. It’s at the very heart of how we treat each other, our clients and our community. Whether it’s providing elite client service or continuously striving to improve, our pillars provide a pathway to a more successful personal and professional life.

From the team member that holds a door open to the one that helps guide your career, you’ll feel the encouragement and support on day one. No matter your race, creed, gender, age, sexual orientation and ethnicity, you’ll be welcomed here. Accepted here. And empowered to Be You Here.

More reasons you’ll love working here include:

• Paid volunteer hours
• Paid training and career development
• Medical, dental, vision and life insurance
• 401k with employer match
• Mortgage discount and area business discounts
• Free membership to our large, state-of-the-art fitness center, including exercise classes such as yoga and Zumba, various sports leagues and a full-size basketball court
• Wellness area, including an onsite urgent care, full-time massage therapist and hair salon  
• Gourmet cafeteria featuring homemade breakfast and lunch
• Convenience store featuring healthy grab-and-go snacks
• In-house Starbucks and Dunkin
• Indoor/outdoor café with Wi-Fi

DISCLAIMER

All the above duties and responsibilities are essential job functions subject to reasonable accommodation and change. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently. Team members may be required to perform other or different job-related duties as requested by their team lead, subject to reasonable accommodation. This document does not create an employment contract, implied or otherwise. Employment with UWM is "at-will." UWM is an Equal Opportunity Employer. By selecting “Apply for this job online” you provide consent to UWM to record phone call conversations between you and UWM to be used for quality control purposes.