Job Description

About The Company:

ARA\xe2\x80\x99s Client is a leading IT solutions provider, offering Applications, Business Process Outsourcing (BPO), and Infrastructure services globally through a combination of technology know-how, domain, and process expertise. The accolades It has been garnering can be attributed to their undeterred focus in delivering quality solutions across verticals that meet the challenging requirements of their esteemed customers. It has been recently felicitated by the Economic Times as the most distinguished digital company in 2015. They have also been ranked 29 of 100 largest financial technology vendors by American Banker and BAI in the FinTech Forward Top 100 rankings.

Key Responsibilities:

Responsibilities:

• Review and provide Quality Control feedback on loan file reviews completed by internal staff
• Review employment documentation and re-calculate income documentation
• Review loan files submitted by U/W for borrowers to ensure file meet loan program requirements. Includes analysis of: loan application, credit profile/report(s), debt and assets, income/financial statements, loan values/loan-to-value ratios, appraisal reports, collateral and supporting documentation
• Review applications for completeness prior to final underwriting approval, Review at ICD, Review Checklist prior to submission to Closing, Review Needs List, Review Documentation, Cite Findings for Missing Documentation, Review Doc Expiration Dates, Cite Findings for Expired Documentation, Review Income Calculations, Cite Findings for Income Errors, Confirm loan product is in compliance with program guidelines and borrower eligibility
• Review credit report and re-calculate liabilities
• Review title commitments, hazard and flood insurance
• Perform Appraisal Reviews for completeness and compliance with program guidelines
• Identify all red flags within a loan file and ensure they are addressed accordingly
• Must be able to fulfill the role of subject matter expert for the team and scope assigned

Skills Required:

• Minimum 5 years of current experience in U.S. Mortgage Underwriting with at least 2 years of experience as Team Leader
• Most currently be a U/W QC and should have demonstrated excellent quality
• Must have demonstrable, relevant skills and experience in quality control support and practices in the mortgage loan industry
• Excellent time management skills with an emphasis on quality
• Should have knowledge in the policies, principles and practices of mortgage loan processing, and underwriting

• Strong computer skills

Qualifications & Experience:

• Any Graduate
• 5 years of experience in US Mortgage Underwriting with minimum 2years of experience as Team lead
• Must have experience of handling team of 10-15 members.

Required Skills US Mortgage, Underwriting, Underwriter, Team Lead

Educational Qualification Any Graduate

Jan 18, 2024

Pay Rate

800000 - 1200000 INR Per Annum

5 - 10 Years Exp.

1 Vacancy

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