Analyst - Mortgage Underwriting

We provide virtual business process services to various types of overseas clients and this position is to be part of the team which provides support to USA client from Mortgage Finance industry and looking to hire Finance Graduates / Postgraduates as Mortgage Analysts.

RESPONSIBILITIES (duties may include but are not limited to)

Should be able to read and analyze all deal related documentation, due diligence, and third-party reports.

Manage the overall deal process and completion of all necessary tasks proactively, always within deadlines, being insightful, accurate and consistent.

Should be able to understand the sizer template and basic UW guidelines.

Ensure all completed work is saved and available to the entire deal team.

Concisely and comprehensively communicate daily progress on work prioritized, work completed and items outstanding and necessary to move the deal forward to the deal team at least once, if not twice daily

Be ready to consistently upgrade their technical knowledge and skills and change behaviors to improve performance.

Work with your local manager and colleagues in a positive, constructive, professional, and open way, being prepared to listen, accept, and act on feedback.

Support and assist the team.

Acting as a Technical Coach and helping in developing others on the team.

Understand key performance indicators and continuously work to exceed expectations.

Perform any other tasks or projects as assigned.

QUALIFICATIONS AND EXPERIENCE

B. Com / BBA

Post Graduate Degree in Finance, M.com, MBA etc.,

A range of 2.5 – 4 years of experience within a banking institution managing and underwriting a portfolio of commercial real estate loans with a focus on Freddie/Fannie/Bridge Lending

Business relationship management skills and the ability to understand and anticipate the needs of respective business stakeholders.

Demonstrate the ability to review contingencies.

Strong knowledge of underwriting philosophy.

SKILLS

Strong Financeand Accounting skills, Loan Interest calculations, application of financial policiesof the company.

Knowledge working on financial analysis of commercial lending (FMAC, FNMA, Life Company, bridge lending etc.)

Review the Borrower Statements like Rent Rolls, Operating Statements, and Real Estate Owned schedules for different property types.

Analyzing operating statements to understand the nature of income and expenses of the property.

Trend analysis

Analyzing loan terms and loan feasibility

Review & underwrite loans ensuring compliance and maintaining the value proposition

Knowledge of working on Loan Narratives of commercial lending (FMAC, FNMA, Life Company, bridge lending etc.)

Loan Narratives include write-ups on Property, Market, and Borrower.

Review all the third-party reports (Appraisal, PCA, ESA, Zoning, etc.), prepare third party comparison chart

Review the credit history of the Borrower (preparing the Sponsor Credit Packages, reviewing the Equifax and Experian reports)

Handling databases such as Co-star, Loop Net, REIS, NIC MAP, RCA, Axiometrics

Excellent oral and written communication skills

Ability to work independently and as part of a team.

Strong Knowledge of MS Office applications.

Strong Knowledge in using internet and web applications.

QUALITIES

Strong commitment to support overseasclient with utmost care.

Good team player with greater level of integrity

Excellent communication skillsto interact with customers and business partnersof the client.

Good team player with greaterlevel of integrity, Maintains Strict confidentiality of Client's Data and information.

Self-Motivated and Tough task master.Quick learner and continuous learner of new technologies.

LOCATION: Hi-TechCity, Hyderabad, TIMINGS: 1:00PM to 10:00PM IST

SALARY RANGE: AS PER INDUSTRY STANDARD