Credit Risk Analyst

Full Job Description

Position Summary :

The Mortgage underwriting associate evaluate and determine the eligibility of loan applications

of residential mortgage (1-4 family) loans. Mortgage underwriting associate role includes but

not limited to analyzing and verifying loan applications, review of all 4 C’s, evaluating risks, and making loan eligibility decisions.

The incumbent ensures the accurate, efficient, and timely flow of information / documentation

for offering quality and efficient services.

Responsibilities :

Knowledge of mortgage underwriting and Agency automated underwriting systems

Demonstrate a full understanding of agency guidelines as well as posted Lender internal

guidelines

Review all mortgage applications and documentation for accuracy and completeness

Review and be able to complete a full analysis of all types of income

(Self / Rental / Wage / etc), Assets, Liabilities, Credit and Collateral.

Analyze credit, income, and assets on a loan-by-loan basis to properly assess individual

risk, and promptly provide underwriting decisions to Mortgage Originators

Review property documentation including title commitments, sales contracts, insurance,

and flood determinations

Maintain a well-developed knowledge of loan product guidelines and industry

regulations, including assisting in the prevention, detection, and resolution of mortgage

fraud

Review and analyze appraisals for value and compliance with industry requirements

Demonstrate the ability to independently make sound decisions based on the

creditworthiness of the applicants based on established underwriting guidelines,

policies, procedures, knowledge, and experience

Provide exceptional customer care (both internal and external) in a manner that

satisfies the individual needs of each customer and builds loyalty to the client

Maintain confidentiality of all customer and employee information

Respond positively to feedback and redirection

Fully utilize systems, tools, training, and resources provided to maximize potential

Assist other departments as needed

Meeting daily production.

Meeting the daily SLA requirement

Meeting the daily Quality requirements

Qualifications Education : Bachelors in any stream.

Experience : 2+ years’ increasingly responsible experience in related areas.

CTC : 12 Lacs

Work from home

Knowledge / Skills / Abilities :

Experienced mortgage professional with 2-3 years with mortgage underwriting.

Has a complete understanding of Conventional, FHA and VA underwriting guidelines.

Has working knowledge of real estate lending criteria and federal, state, and agency

compliance

Can multi-task and manage time efficiently

Has strong organizational skills, attention to detail, and basic Microsoft Office skills

Good analytical and problem-solving skills.

Strong organization and verbal and written communications skills.

Highly adaptive and open to changes as the organization grows and its needs evolve.