Job description:

Job Summary:
This is a Mortgage Underwriting support process which involves a complete analysis of the loan parameters and the borrowers details pertaining to Income, credit and assets.

Candidate shall be responsible for rendering decisions on credit applications based on established criteria. Determine creditworthiness, risk associated with borrower based on credit profile and Income worthiness (Income analysis) of the borrower. Communicate decisions that most effectively mitigate credit risks, including data integrity and validity of information submitted. Applies understanding of established guidelines, Fair Lending and all other regulatory requirements when evaluating loan attributes while utilizing prudent underwriting judgment and experience.

Responsibilities:
Works under moderate supervision; acquires and applies maturing knowledge of the business, its products, and processes.
Evaluate and verify applications determining whether borrower will be able to repay the loan by performing a detailed income verification (Income Verification and analysis)
Verify income and employment information,
Review credit history, including Bankruptcy, Fraud alerts, Bankruptcy Discharge, Delinquency and Foreclosures. (Credit Review and Analysis)
Calculate the value of the borrower s collateral and assets (Asset Review and Analysis)
Ensure that the property specifications and loan terms meet Bank s requirements and government regulations.


Skills Required:
Must have excellent reading and comprehension skills.
Must have excellent decision-making skills that are backed by relevant details and research.
Must have good analytical and audit skills.
Must have good oral and written communication skills along with good listening skills
Must have knowledge pertaining to the regulations governing mortgage lending.
Must have logic and reasoning skills
Must be able to handle stress and meet deadlines
Must be able to multitask
Must pay close attention to detail

Minimum Requirements
Bachelor's degree or equivalent work experience.
3 to 5 years of overall banking experience with a minimum of 1 to 2 years experience in residential Mortgage Underwriting for Conventional/FHA/VA loans.
Willingness to work in night shifts

• Attendance/Login Hours/Unsechduled Leave
• Improving skill level throughSelf development / nominating training programs
  Skill reverification Tests
• Meeting Quality Scores
  and bringing Innovation & Process Improvement
• The individual should be able to work effectively in a team whilst enthusing others to do the same for achievement of common goals of the team
• To consistently meet or exceed all agreed Productivity parameters as defined for the process.