JD for : Underwriting
Location : Bangalore
Designation : Associate / Lead Associate
Job Brief
'A Mortgage Underwriter here will determine the eligibility of loan applicants or authorize purchases through underwriters for lenders
You will be analysing and verifying loan applications, evaluating financial risks and making final decisions on eligibility
Ultimately, you will work with a team of financial experts to determine the qualifications of applicants to accept or decline different types of loans'
Roles and Responsibilities
- 'Problem solving ability by connecting the dots across the loan documentation
- Perform end to end risk analysis of a loan file
- Evaluate loan risk through verification of loan application
- Maintain a thorough working knowledge of industry standards and guidelines
- Ability to interpret & action for any guideline changes
- Reviewing & responding to loan conditions as necessary
- Ensuring compliance with regulatory standards
- Perform other duties as assigned by Management
- Meet daily targets & all SLAs as communicated
Requirements
Graduate in any discipline2 - 5 years of relevant experience in pre-underwriting / processing.General knowledge of Fannie Mae, Freddie Mac, FHA and VA guidelines a plusDetail orientedAdhere to strict timelines prescribed by the Management and provide the review Experience working in a production environment preferred.Good Verbal and written communication skillsShould have good analytical skills and have the ability to make decisions based on factsCompetent with MS office applications, LOS, LMS, Selling guide navigationKnowledge of standard mortgage nomenclatureShift : Should be flexible with both day & night shift & okay to work over the weekends if requiredSkills Required
End to End Underwriter, Live Underwriter, 2 C's, 4 C's