Underwriting Operations

Location: Bangalore

Open Position(s):  1

Job Description:

Underwriting reviewer is responsible for evaluating mortgage files as per applicable GSE/Government Agency selling guides and the Lender overlays. The Underwriter is responsible to determine if the risk covering the mortgage loan is permissible per guidelines and covered adequately with the collateral property. The transaction should also comply with all applicable Federal, State, and Local regulations.

Key Responsibility Areas

    • Problem solving ability by connecting the dots across the loan documentation.
    • Perform end to end risk analysis of a loan file.
    • Maintain a thorough working knowledge of industry standards and guidelines.
    • Perform other duties as assigned by Management.
    • Meet daily targets & all SLAs as communicated.

Must Have

    • Good knowledge of US Residential Mortgage Industry.
    • Ability to review all the components required for the Underwriting review.
    • Well versed with Conventional and Government loan guidelines.
    • Knowledge of multiple LOS and adept at interpreting various AUS reports.
    • Eye for detail, reporting, problem solving & timeliness.
    • Ability to calculate all types of income, Assets, Appraisal reports, interpret overlays, Identify red flags, review credit, calculate Assets and other review activities.
    • Good Verbal and written communication skills.
    • Should have good analytical skills and have the ability to make decisions based on facts.
    • Competent with MS office applications, LOS, LMS, Selling guide navigation.

    Additional Requirements:

    • Willingness to work in any shift.
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