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

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