Mortgage Underwriters

You are invited to join HCL for an exciting Walk-in Drive for the position of Associate/Senior Executive in Sholinganallur, Chennai. The Walk-in Drive will take place on the 6th and 7th of November from 12:00 PM to 3:00 PM. The job opportunity involves auditing loans underwritten by credit officers to ensure compliance with bank policies, guidelines, and regulatory requirements. Your responsibilities will include understanding and applying the 4 Cs of Credit effectively, ensuring compliance with regulatory and company guidelines, assessing credit risk, determining loan approval/decline decisions, and communicating with external stakeholders such as Brokers/Lenders. **Responsibilities:** - Understanding and applying the 4 Cs of Credit effectively - Ensuring compliance with regulatory and company guidelines - Assessing credit risk and determining loan approval/decline decisions - Applying lending/credit policy, mortgage insurance guidelines, and risk assessment principles - Communicating with external stakeholders, including Brokers/Lenders - Demonstrating strong customer-centric communication skills **Core Responsibilities:** - Loan Application Assessment - Creditworthiness Evaluation - Income Verification - Risk Analysis - Property Valuation Review - Reviewing Loan-to-Value Ratio (LVR) - Approval or Declination of Loans - Fraud Detection **Skills & Qualifications:** - Knowledge of Responsible Lending Obligations - Understanding of APRA and ASIC regulations - Strong analytical and financial assessment skills - Excellent attention to detail and time management - Effective communication & stakeholder management skills - Experience with lending policies & procedures - Experience with KYC process **Qualification & Experience:** - Education: Bachelor's or Master's degree in any field - Experience: 2+ years in Pre-underwriting, Loan Processing, Mortgage Underwriting, or Post Close Underwriting in Australian, USA, or UK mortgage domains - Must-have: Strong understanding of Australian, US, or UK lending regulations - Added Advantage: Candidates with strong communication experience with onshore clients will have an edge.,