US Mortgage Underwriter

Key Responsibilities

Project Review and Analysis

• Conduct comprehensive reviews of condo project documentation to ensure compliance with applicable guidelines.
• Analyze project financials, legal documents, insurance policies, and other relevant materials.
• Evaluate the financial health, governance structure, and overall condition of condo associations.

Risk Assessment

• Identify and assess risks associated with lender projects.
• Provide actionable recommendations to mitigate these risks and ensure adherence to regulatory requirements.

Documentation and Reporting

• Prepare clear, detailed reports and summaries of findings.
• Maintain accurate, well-organized records of all reviewed projects.
• Communicate findings and recommendations to internal stakeholders, including underwriting and management teams.

Compliance and Guidelines

• Stay up to date with applicable guidelines, regulatory changes, and industry best practices.
• Ensure all project reviews are conducted in line with current standards and compliance requirements.

Collaboration

• Partner with underwriting, loan processing, and risk management teams.
• Liaise with external parties such as condo association representatives, project developers, and legal advisors.

Training and Support

• Support the training of junior analysts and team members on compliance guidelines and review procedures.
• Provide expertise and assistance to internal teams as needed.

Required Qualifications

• Bachelor’s degree in Finance, Economics, Business Administration, or a related field.
• Minimum 2 years of experience in risk management, US mortgage, or underwriting.
• Background in underwriting US mortgages, with a strong understanding of borrower income, assets, and appraisals.
• Experience reviewing escrow or condo documents, including balance sheets, CC&Rs, and budget statements.
• Proficiency in Microsoft Excel and financial modeling.
• Strong analytical abilities, attention to detail, and effective problem-solving skills.

Preferred Qualifications

• Experience in mortgage, banking, or financial services.
• Familiarity with regulatory frameworks such as Basel III or the Dodd-Frank Act.
• Certification in risk management or credit analysis (e.g., FRM, CFA).

Skills & Competencies

• Excellent verbal and written communication skills.
• Ability to work independently while managing multiple priorities.
• Strong collaboration and interpersonal skills.
• High standards of integrity and ethics.

Job Types: Full-time, Permanent

Pay: Up to ₹800,000.00 per year

Benefits:

• Paid sick time
• Paid time off
• Provident Fund
• Work from home

Application Question(s):

• Can you start immediately?
• Do you have a Wi-fi enabled Laptop?

Experience:

• US Mortgage Underwriting: 1 year (Preferred)

Location:

• Bangalore, Karnataka (Preferred)

Shift availability:

• Night Shift (Preferred)
• Overnight Shift (Preferred)

Work Location: In person