As a Mortgage Underwriter:

You will be responsible for approval/decline of decisions on incoming mortgage applications consistent with internal, client and investor policies/guidelines. Underwriters are responsible for analysing the employment profile, credit strength, property characteristics and all other information pertinent to the credit decision process on each mortgage application, as presented by the broker.

Responsibilities:

(Note: The following duties are typical of those performed by this role. Other related duties may also be performed. Incumbents may not necessarily perform all of the duties listed.)

• Apply internal guidelines and investor guidelines to the credit decision process.
• Prioritize deals in workflow queue in order to minimize turnaround time.
• Utilizing the LOS underwriting system, input selected conditions, credit information, property details and borrower information.
• Verify accuracy of supporting documents and calculations of income (Salaried / Self Employed), down payment, appraisal and financial scores etc.
• Review documentation to compliance with internal and regulatory guidelines.
• Correspond with processors to attain outstanding documentation needed to complete requirement as stipulated on the commitment.
• Correspond with loan officers if necessary to answer questions or resolve confusion quickly.
• Well conversant with the US & Global Data Privacy regulations like (including but not limited to) GDPR, GLBA, CCPA, VCDPA, ColoPA Etc.

Skills:

• Knowledge of Mortgage Lending US State and US Federal Regulations
• Flexible, Self-Motivated, Independent Judgment, Excellent Communication Skills (Oral/Written), Analytical Skills, Reading Skills, Customer Service, Negotiation
• Math Aptitude, Planning, Professionalism, Proofreading Skills, Time Management, Microsoft Office
• Experience with Loan Origination Software
• Expert knowledge on safe cyber security practices, personal data protection and secure usage of systems.

Education/Experience:

• MBA Finance, master’s degree in commerce / finance / economics, Graduation (BCOM, BSC or a related field) (A combination of education/experience and/or training will be considered equivalent to the education listed).
• 8 to 12 years professional experience in US Mortgage.
• Candidate must have worked extensively in the US Mortgage Industry and in an onsite offshore model for US mortgage clients.