Group Manager - Transactional Quality(US Residential Mortgage Underwriting) - Pune

The Mortgage Underwriting Manager must have a solid background in managing the eligibility of loan applications for residential mortgages (1-4 family) loans. This pivotal role involves analyzing and verifying loan applications, scrutinizing the 4 Cs, assessing risks, and determining loan eligibility. It is essential to ensure the smooth, accurate, and timely flow of information and documentation to provide quality and efficient services. Key responsibilities include having a deep understanding of mortgage underwriting and Agency automated underwriting systems, familiarity with agency guidelines and internal lender guidelines, comprehensive analysis of various types of income and assets, and meticulous management of credit, income, and assets to evaluate individual risk. The Manager is also responsible for overseeing property documentation, maintaining knowledge of loan product guidelines and industry regulations, and contributing to the prevention and resolution of mortgage fraud. Moreover, the role involves driving continuous improvement in transaction quality and delivery, managing key performance indicators, evaluating the effectiveness of quality interventions, enhancing quality management processes, and ensuring compliance with audit SLAs. The Mortgage Underwriting Manager must provide constructive feedback, support recruitment teams, facilitate audits, and follow-ups to maintain quality and compliance standards. The ideal candidate should possess Six Sigma Green Belt certification, effective people management skills, the ability to drive initiatives to completion, and strong analytical and quantitative skills. Excellent communication skills are crucial for managing client and leadership interactions. Proficiency in transaction quality systems, tools, and technologies is required, along with process-oriented thinking, decision-making abilities, and the capacity to meet deadlines in a 24X7 work environment. Qualifications for this role include a Bachelor's Degree, a minimum of 10 years of experience in US residential mortgage underwriting, and at least 5 years of experience in transactional quality. This position is located in Pune, India.,