Senior Credit Risk Underwriter

Underwriter and Sr Underwriter

Experience required for the Job : 3+ years

Job Location : (Remote) Mumbai / Chennai / Bangalore / Hyderabad

Key skills : Underwriting, US mortgage

Position Overview

Candidate should have total 3+ years of US mortgage underwriting experience with Post closing underwriting.

• Well versed with FNMA. FHLMC, knowledge of GNMA and investor guidelines is an additional benefit
• Should have good analytical and problem-solving skills
• Should have decision-making skill when applying in business judgment
• Evaluate complete loan documents and should provide approval or denial decision
• Complete review of credit report to verify trade lines, derogatory accounts, public records and credit reconciliation
• Thorough income calculation – Salaried income, business income, retired other income and rental income
• Complete review of Collateral and property valuation
• Assets verification include borrower’s bank account statement, retirement accounts, mutual funds and other investments.
• Credit analysis based on borrower’s Income, Asset, Liability and Collateral (4C of Underwriting) to determine the credit worthiness of a customer
• Validating and processing the Loan documents on behalf a Mortgage lender organization.
• Evaluating evidence of borrower’s willingness and ability to repay the obligation
• Good communication, Presentation skills, Self-motivated and hard working

About you :