Senior Executive- Underwriters US Mortgage

Job Description

HIRING FOR UNDERWRITERS US Mortgage Minimum 1 year Experience in Underwriting Qualification Post Graduate CTC UPTO 7.5LPA Location Gurgaon, Bangalore Shifts- Australian Your key priorities and responsibilities include and not limited to: Meet or exceed quality assurance standards Underwriting of home/mortgage Loan Credit Assessment - high level of judgement, in assessing applicants credit worthiness. Loan Construction and investigation Apply lending/credit policy, product and Mortgage Insurance guidelines, and a high level of judgement, in assessing applicants credit worthiness. Adhere to Group/Australian Credit Policy and Code of Banking Practice with the objective of maximizing revenue and minimizing risk Research customer requests by gathering all relevant information/data, ensuring all available avenues and sources of information are investigated Ensure all research and investigation is accurately recorded including supporting evidence and documentation. External stakeholder communication via calls, emails and chat Exercise thorough creditworthiness assessment and sound decision-making Change management and delivery of desired strategic outcome. Ensure the process is followed to meet audit and risk compliance Achieves progression to appropriate skill levels within agreed timeframes Build and collaborate with colleagues to enable objectives to be met Prior experience of 1year on the above Functional Skills for Credit assessment. • Knowledge on self-employed & Business self-employed checks• Analyze financial data related to loan requests. • Perform risk assessments on potential loan recipients based on credit rating, borrowing history, and other specific risk factors. • Record loan denials and specific basis for declining application.• Monitor and report non-compliance with loan covenants. • Assist with technical/core underwriting issues and questions.• Review loan documentation and vendor reports to identify signs of fraudulent activity.• Adapting underwriting policies and procedures .• Appraisal report, Assets verification, Identification of large deposit, Purchase contract • Hazard Insurance, Flood insurance if applicable, Title report, Tax certificate, Tax transcript.• Hands on experience of balance sheet, profit & loss statements, Income tax returns .• Hands on experience on Income, Expense, Liabilities check, social security income • Strong focus on quality and commercial acumen • Decisive, commercially prudent, effectively decision risk and reward • Excellent domain knowledge in Mortgage underwriting/end to end mortgage life cycle/ any one or two Banking domain • Evaluate loan documents to ensure accuracy and completeness. Interested candidates can mail cv at simmi@hiresquad.in or call at 8467054123