Jobs

Interviews
Job Alerts
Tools

Upskill and Grow with AI

Mock Interview Practice interviews in realistic simulations

Coding Practice Improve your coding skills with challenges

Certification Earn certifications to validate your skills

AI Learning Get trained with AI expert sessions

Career Path AI insights for smarter career decisions

AI Job Match Score AI-Powered Job Match Against Your Resume and Optimize Your Resume

Career Tools and Resources

Resume Builder Build Professional Resume with Ease

ATS Friendliness Check Check Resume Friendliness for Applicant Tracking Systems

Auto Apply Apply to hundreds of jobs on any platform effortlessly

Co-Pilot (Chrome Extension) Your AI Assistant for Seamless Browsing Efficiency

Interview Questions Streamline interviews with ready-to-use questions

Salaries Discover market-driven salary insights across skillsets and geographies

Companies Explore leading companies actively hiring talent
For Employers

Home
>
Jobs in hyderabad
>
Cognizant
>
Subject Matter Expert - Loan Originations live underwriting

Subject Matter Expert - Loan Originations live underwriting

Cognizant

5 - 9 years

0 Lacs

hyderabad telangana

Posted:1 week ago| Platform: Shine logo

Apply

Skills Required

underwriting risk evaluation financial analysis credit analysis microsoft office documentation risk management interpersonal skills negotiation skills loan decision real estate 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 underwrite and evaluate Home Equity and Consumer Loans. Your responsibilities include: - Underwriting complex residential mortgage loans and evaluating risk while ensuring the quality of each loan submitted - Senior level loan decision authority, reviewing and underwriting most complex portfolio loans such as CEMA, Med/Pro, Construction, Jumbo, and Wealth - Approving loans, issuing alternative options, or adverse action accordingly using sound judgment while applying bank policies and procedures within risk tolerance - Independently considering, recommending, and discussing alternative structures and overall assessments - Evaluating all documents and conditions loan accordingly - Identifying loans for exceptions while ensuring proper procedures are followed for approval and documentation; 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 Additionally, you will have indirect supervisory authority, coaching and mentoring junior underwriters, assisting with training, and assessing analysis prepared for accuracy and compliance with policy, guidelines, and procedures. You will act 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 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 skill - 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 include being detail-oriented, organized, and working efficiently under pressure. Excellent written and oral communication skills, strong organizational and analytical skills, and willingness to work from the office during night shifts including rotational shifts are also required. Certification in MS Excel or related data analysis tools is preferred for this role. Please note that the job location for this position is in Hyderabad/Chennai.,

More Jobs at Cognizant

Workday: Walk-in drive 10th May Pune with CTS(Full time)

Pune, Mumbai (All Areas)

3 - 8 yrs

INR 7 - 17 Lacs

Java Full Stack Developer

Chennai

5 - 10 yrs

INR 10 - 20 Lacs

Walkin For Freshers @hyderabad

Hyderabad

Experience: Not specified

INR 0 - 2 Lacs

React JS Developer

Hyderabad

2 - 7 yrs

INR 9 - 14 Lacs

Java Developer

Bengaluru

5 - 10 yrs

INR 15 - 30 Lacs

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now

Cognizant

IT Services and IT Consulting

Teaneck New Jersey

Login to

Please Verify Your Phone or Email

Confirm Action

Subject Matter Expert - Loan Originations live underwriting