
Experienced Mortgage Auditor Wanted
24 hours ago
Job Opportunity:
The ideal candidate will be responsible for conducting thorough loan audits to ensure compliance with banking regulations and guidelines. This involves reviewing loan applications, verifying documentation accuracy, assessing lending criteria, and identifying any discrepancies.
Responsibilities:
- Analyzing customer financial positions, employment history, credit history, and ability to repay.
- Understanding and applying the principles of creditworthiness effectively.
- Ensuring adherence to regulatory and company requirements.
- Assessing credit risk and determining loan approval/decline decisions.
- Applying lending/credit policy, mortgage insurance guidelines, and risk assessment principles.
- Communicating with external stakeholders, including brokers/lenders.
- Demonstrating strong customer-centric communication skills.
Core Responsibilities:
- Loan Application Review
- Credit Evaluation
- Income Verification
- Risk Analysis
- Property Value Assessment
- Reviewing Loan-to-Value Ratio (LVR)
- Approval or Declination of Loans
- Fraud Detection
Required Skills & Qualifications:
- Knowledge of Lending Obligations
- Understanding of Regulatory Frameworks
- Strong analytical and financial evaluation skills
- Excellent attention to detail and time management
- Effective communication and stakeholder management skills
- Experience with lending policies and procedures
- Experience with Know Your Customer (KYC) process
Qualification & Experience:
- Education: Bachelor's or Master's degree in any field.
- Experience: 2+ years in Mortgage Underwriting and Quality in Australian, USA, or UK mortgage domains.
- Must-have: Strong understanding of Australian, US, or UK lending regulations.
- Added Advantage: Candidates with strong communication experience with onshore clients will have an edge.
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