Senior Underwriter

Underwriter

4 months onsite (Chennai/Pune) later Work from Home (Voice Process)

US Shifts Night Shifts

(Relocate to Chennai/Pune for 4 months)

Looking for People from US Mortgage background Only

About the Role : The Underwriter's primary responsibilities include reviewing mortgage files submitted to Underwriting. This position requires calculating income, analyzing debt and assets, as well as completing an in-depth review of the completed appraisal and title. Additional responsibilities include entering data into the client's loan operating system, utilizing an automated underwriting system to determine approval and clearing conditions for Final Approval. Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills.

Responsibilities :

• Perform complete and in-depth review of mortgage loan files including income, assets, credit and collateral
• Utilize client's loan operating system to ensure accurate data entry
• Underwrite loans in accordance with client guidelines, utilizing AUS or manual guidelines
• Evaluate and ensure overall loan documents are accurate, complete, and compliant
• Ability to identify and/or clear red flag or alerts
• Issue loan decision and condition file accordingly
• Review and approve conditions for compliance and completion of loan file
• Provide excellent customer service to internal and external clients
• Maintain current knowledge of client and investor requirements
• Resolve pre and post-closing issues as they relate to underwriting
• Assist Processors/Loan Officers in understanding underwriting decisions and conditions
• Must be able to work in a high stress environment while delivering a high-level of customer service
• Ability to work more than 40 hours, on an as needed basis

Qualifications :

• Minimum 2+ years current conventional mortgage loan underwriting experience

Required Skills :

• Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags
• Basic knowledge of appraisal and ability to recognize red flags and ineligible properties
• Thorough working knowledge of GSE underwriting guidelines and automated underwriting engines (DU/LP)
• Strong analytic, interpersonal, and verbal and written communication skills
• Detail-oriented with strong ability to time manage
• Ability to work in a flexible and production-oriented environment
• Must be willing and able to work as part of a team
• Strong capability to work in multiple systems - paperless environment
• Must be willing to work in strict security environment
• NMLS-MLO Licensure preferred
• Candidates must be available to work outside of normal business hours when necessary

Regards

Meenakshi Verma

Contact:

Mphasis' purpose is to be the "Driver in Driverless Car" for Global Enterprises by applying next-generation design, architecture and engineering services, to deliver scalable and sustainable software and technology solutions. Customer centricity is foundational to Mphasis, and is reflected in the Mphasis'Front2BackTM Transformation approach. Front2BackTM uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2TM=1) digital experience to clients and their end customers. Mphasis' Service Transformation approach helps 'shrink the core' through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis' core reference architectures and tools, speed and innovation with domain expertise and specialization , combined with an integrated sustainability and purpose-led approach across its operations and solutions are key to building strong relationships with marquee clients. (BSE: ; NSE: MPHASIS)