Senior Underwriter

Greetings for the Day!!!

We are looking for a QA Underwriter for one of our esteemed clients in Pune having experience into live underwriting ,Manual underwriting,Residential mortgage,Quality analysis.

Exp : - 3+ years

Location : Pune

Job Description : Sr Underwriter

Creditworthiness is scrutinized by reviewing credit history and scores to evaluate the borrower's reliability and past debt management.

Capacity is assessed through an in-depth analysis of the borrower's income, employment stability, and the Debt-to-Income (DTI) ratio to confirm their ability to repay the new mortgage.

Collateral is verified via the property appraisal and title search to ensure the home's value supports the loan amount and there are no underlying claims or liens.

Perform complete and in-depth review of mortgage loan files including; income, assets, credit and collateral

taking ownership a006Ed being accountable of mortgage applications, from initial submission through to o!er,

delivering a seamless service to brokers and partners

Reviewing and screening residential owner occupied and buy to let (in both individual names and trading

companies names) mortgage applications to understand the customer and application type, ensuring the correct

packaging requirements are set

Applying a future thinking, holistic approach by anticipating the need of the underwriter, this will be done through

Understanding and assessing the risk of the applicationUsing and interpreting lending policy to ensure the case meets the packaging guidelines

Being responsible for the quality of data, identify and correct inaccuracies, including customer personal data,

property portfolio and income and commitments, including the validation of documentation

Working to agreed deadlines, meeting and exceeding set SLAs at each touchpoint

Managing all mortgage documents and supporting information, by assessing and validate documents, ensuring

they meet the relevant policy and regulatory guidelines.

Ensuring the case is managed through the relevant systems, ensuring one customer and application record that

is reflective of the information required to manage risk and deliver for our customers, including using relevant third

party websites and systems, e.g. Companies House

Having the ability to review and asses key documents and mortgage information, such as :

Income evidence; payslips, P60’s, SA302’s, financial accounts and business plans etc

Proof of ID, proof of address

Buy to let portfolio’s etc

Credit reference reports, EPC reports, Companies House searches

Undertaking required Customer due-diligence through :

Document assessment and validation; proof of ID, proof of address

Ensure accuracy of data from a customer identity perspectiv

Protecting the customer and the Bank by having a strong knowledge of anti-money laundering policies and fraud

prevention processes. Identification of potential external fraud, and scheme misuse to protect the bank against

Adhering to required data management standards by applying the correct updates and notes in a clear and

Maintaining strong technical system knowledge of mortgage origination systems and the wider supporting

Delivering against service KPIs, ensuring e!iciency and e!ectiveness targets are met

Thanks and Regards