Mortgage Underwriter (Australian Mortgage)

If you are searching for an exciting opportunity, consider joining the Walk-in Drive conducted by HCL for Associate / Senior Executive roles in Sholinganallur. The event will take place at HCL TECH- Sholinganallur, located at Elcot SEZ, Medavakkam High Road, Solinganallur, Chennai, Tamil Nadu 600119 on Thursday, 04 September & Friday, 05 September between 11:00 AM and 3:00 PM. For further details, please contact HR SPOC Dharani. The job opportunity available is for Associate / Senior Executive in Chennai - Sholinganallur, focusing on Australian Mortgage Underwriting in a Work from Office (WFO) setup with shift timings from 7:00 AM to 5:00 PM (IST). As an ideal candidate, you will be tasked with auditing loans underwritten by credit officers to ensure adherence to bank policies, guidelines, and regulatory requirements. Your responsibilities will include reviewing loan applications, verifying lending criteria, assessing documentation accuracy, and identifying discrepancies. Effective application of the 4 Cs of Credit, compliance with regulatory and company guidelines, and communication with external stakeholders are key aspects of this role. Key Responsibilities include Loan Application Assessment, Creditworthiness Evaluation, Income Verification, Risk Analysis, Property Valuation Review, Loan-to-Value Ratio (LVR) Review, Approval or Declination of Loans, and Fraud Detection. To excel in this role, candidates are expected to possess knowledge of Responsible Lending Obligations, understanding of APRA and ASIC regulations, strong analytical and financial assessment skills, excellent attention to detail, effective communication & stakeholder management skills, experience with lending policies & procedures, and experience with the KYC process. Candidates are required to hold a Bachelor's or Master's degree in any field, along with a minimum of 2 years of experience in Pre-underwriting, Loan Processing, Mortgage Underwriting, or Post Close Underwriting in Australian, USA, or UK mortgage domains. A strong understanding of Australian, US, or UK lending regulations is a must-have, while candidates with strong communication experience with onshore clients will have an added advantage.,