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Subject Matter Expert - Loan Originations

5 - 9 years

0 Lacs

hyderabad telangana

Posted:18 hours ago| Platform: Shine logo

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Skills Required

underwriting risk evaluation financial analysis interpersonal skills negotiation skills documentation risk management loan approval credit decision real estate appraisals microsoft office suite tax return analysis agency guidelines

Work Mode

On-site

Job Type

Full Time

Job Description

As a Loan Underwriter IV (US) - Subject Matter Expert, your role involves underwriting and evaluating the most complex conventional, FHA, VA, and CRA Residential Mortgage applications in compliance with bank policies and procedures. You will also be responsible for underwriting and evaluating Home Equity and Consumer Loans. Your key responsibilities will include: - Underwriting complex residential mortgage loans and evaluating risks while ensuring the quality of each loan submitted - Having senior-level loan decision authority, reviewing and underwriting complex portfolio loans such as CEMA, Med/Pro, Construction, Jumbo, and Wealth - Approving loans, issuing alternative options, or adverse actions accordingly using sound judgment and applying bank policies and procedures within risk tolerance - Independently considering, recommending, and discussing alternative structures and overall assessments - Evaluating all documents and conditions loans accordingly - Identifying loans for exceptions while ensuring proper procedures are followed for approval and documentation, and clearing or resolving any issues - Escalating integrity issues as appropriate and ensuring files are compliant with internal guidelines and external regulatory requirements - Maintaining knowledge of loan product guidelines, internal policies and procedures, and regulatory requirements - Providing indirect supervisory authority by coaching and mentoring junior underwriters, assisting with training, and assessing analysis prepared for accuracy and compliance with policies, guidelines, and procedures - Obtaining and reviewing financial information and providing in-depth credit analysis practices - Acting as a subject matter expert in the most complex lanes or work Qualifications required for this role include: - 4 Year Degree or equivalent experience preferred - 5-7 Years of related experience - Strong knowledge of the local market sector and industry trends - Ability to understand and interpret real estate appraisals - Ability to identify, analyze, and mitigate project risks - Advanced written and verbal communication skills - General knowledge of Microsoft Office Suite - Strong interpersonal and negotiation skills - Strong focus on documentation and risk management - Demonstrated ability to complete complex tax return analysis to determine cash flow income - History of underwriting complex jumbo loans in addition to thorough knowledge of agency guidelines Basic qualifications for this position include being detail-oriented, organized, and working efficiently under pressure, as well as having excellent written and oral communication skills. Additionally, you should possess strong organizational and analytical skills and be willing to work from the office during night shifts, including rotational shifts. Certifications required for this role include certification in MS Excel or related data analysis tools, which is preferred. Please note that the job location for this position is Hyderabad / Chennai.,

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