
Mortgage Underwriter Specialist
3 days ago
We are seeking an experienced Credit Risk Analyst to join our team on a part-time basis.
About the Role:- The ideal candidate will be responsible for auditing loans underwritten by credit officers to ensure compliance with bank policies, guidelines, and regulatory requirements.
- Financial Position Analysis: Analyze customer financial positions to assess their ability to repay loans.
- Credit Evaluation: Evaluate credit history, employment history, and other relevant factors to determine creditworthiness.
- Regulatory Compliance: Ensure compliance with regulatory and company guidelines in loan underwriting and risk assessment.
- Loan Approval/Decline: Assess credit risk and make decisions on loan approval or decline.
- Lending Policy Application: Apply lending/credit policy, mortgage insurance guidelines, and risk assessment principles to support loan underwriting decisions.
- Stakeholder Communication: Communicate effectively with external stakeholders, including brokers/lenders.
- Customer-Centric Communication: Demonstrate strong customer-centric communication skills to build trust and confidence with customers.
- Loan Application Assessment: Review loan applications to identify potential risks and opportunities.
- Creditworthiness Evaluation: Conduct thorough credit evaluations to assess a borrower's creditworthiness.
- Income Verification: Verify income information to ensure accuracy and completeness.
- Risk Analysis: Identify and mitigate potential risks associated with loan applications.
- Property Valuation Review: Review property valuations to ensure they are accurate and reflect current market conditions.
- Loan-to-Value Ratio Review: Review loan-to-value ratios to ensure they align with regulatory requirements.
- Approval or Declination of Loans: Make informed decisions on loan approval or declination based on creditworthiness and risk analysis.
- Fraud Detection: Identify and prevent fraudulent activities related to loan applications.
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