Senior Underwriter

22 hours ago


pune district, India Right Move Full time

Greetings for the Day We are looking for a QA Underwriter for one of our esteemed clients in Pune having experience into live underwriting ,Manual underwriting,Residential mortgage,Quality analysis. Exp: - 3+ years Location: Pune Job Description: - Sr Underwriter Creditworthiness is scrutinized by reviewing credit history and scores to evaluate the borrower's reliability and past debt management. Capacity is assessed through an in-depth analysis of the borrower's income, employment stability, and the Debt-to-Income (DTI) ratio to confirm their ability to repay the new mortgage. Collateral is verified via the property appraisal and title search to ensure the home's value supports the loan amount and there are no underlying claims or liens. Perform complete and in-depth review of mortgage loan files including; income, assets, credit and collateral taking ownership a006Ed being accountable of mortgage applications, from initial submission through to oer, delivering a seamless service to brokers and partners Reviewing and screening residential owner occupied and buy to let (in both individual names and trading companies names) mortgage applications to understand the customer and application type, ensuring the correct packaging requirements are set Applying a future thinking, holistic approach by anticipating the need of the underwriter, this will be done through Understanding and assessing the risk of the applicationUsing and interpreting lending policy to ensure the case meets the packaging guidelines Being responsible for the quality of data, identify and correct inaccuracies, including customer personal data, property portfolio and income and commitments, including the validation of documentation Working to agreed deadlines, meeting and exceeding set SLAs at each touchpoint Managing all mortgage documents and supporting information, by assessing and validate documents, ensuring they meet the relevant policy and regulatory guidelines. Ensuring the case is managed through the relevant systems, ensuring one customer and application record that is reflective of the information required to manage risk and deliver for our customers, including using relevant third party websites and systems, e.g. Companies House Having the ability to review and asses key documents and mortgage information, such as: Income evidence; payslips, P60’s, SA302’s, financial accounts and business plans etc Proof of ID, proof of address Buy to let portfolio’s etc Credit reference reports, EPC reports, Companies House searches Undertaking required Customer due-diligence through: Document assessment and validation; proof of ID, proof of address Ensure accuracy of data from a customer identity perspectiv Protecting the customer and the Bank by having a strong knowledge of anti-money laundering policies and fraud prevention processes. Identification of potential external fraud, and scheme misuse to protect the bank against Adhering to required data management standards by applying the correct updates and notes in a clear and Maintaining strong technical system knowledge of mortgage origination systems and the wider supporting Delivering against service KPIs, ensuring eiciency and eectiveness targets are met Thanks and Regards



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