US Mortgage Post Closing Underwriter

Role: US Mortgage Post Closing Underwriter

Location: Bangalore (Pure WFO role)

Overview:
We are hiring a Post Closing Underwriter to assess the risk and eligibility of loan and mortgage applications using the industry-standard 4 C’s framework: Credit, Capacity, Collateral, and Capital. This role involves analyzing financial documents, verifying borrower information, evaluating collateral, and ensuring regulatory compliance. The ideal candidate will be skilled in financial analysis, risk evaluation, and decision-making, with a strong eye for detail and documentation.

Responsibilities:

• Credit Analysis: Review applicants’ credit histories, including credit scores, payment histories, and outstanding debts. Assess creditworthiness and identify potential risks.
• Capacity Evaluation: Analyse borrowers’ income and employment history. Calculate debt-to-income ratios to determine repayment ability. Evaluate stability and consistency of income sources.
• Collateral Assessment: Appraise the value of the property or asset being used as collateral. Ensure the collateral meets the lender’s standards and covers the loan amount.
• Capital Verification: Verify the borrower’s assets and savings. Assess the availability of funds for down payments and reserves.
• Decision Making: Approve or deny loan applications based on comprehensive risk assessments. Recommend loan terms and conditions.
• Documentation and Reporting: Maintain detailed records of all evaluations and decisions. Prepare reports summarizing findings and recommendations.

Qualifications & Skills:

• Bachelor’s degree in any stream is mandatory (preferably in Accounting or Finance).
• Minimum 3 years experience in US Mortgage Post Closing / Originations.
• Willing to work in rotational and night shifts (US Client).
• Pure work from office only.
• Strong analytical and problem-solving skills.
• Should have good knowledge in reviewing US Mortgage Documents in depth.
• Should have strong verbal and written communication.
• Ability to multitask and prioritize work in a deadline intensive and fast paced environment.

Job Type: Full-time

Schedule:

• Night shift

Work Location: In person