
Highly Skilled Mortgage Lender
6 days ago
The ideal candidate will be responsible for auditing loans underwritten by credit officers to ensure compliance with banking policies, guidelines, and regulatory requirements.
Main Responsibilities:- Analyzing customer financial positions, employment history, credit history, and ability to repay.
- Understanding and applying the principles of lending effectively.
- Ensuring adherence to regulatory and company guidelines.
- Assessing credit risk and determining loan approval/decline decisions.
- Applying lending principles, mortgage insurance guidelines, and risk assessment practices.
- Communicating with external stakeholders, including brokers/lenders.
- Loan Application Assessment
- Creditworthiness Evaluation
- Income Verification
- Risk Analysis
- Property Valuation Review
- Reviewing Loan-to-Value Ratio (LVR)
- Approval or Declination of Loans
- Fraud Detection
Key Skills & Qualifications include: Knowledge of Responsible Lending Obligations, Understanding of APRA and ASIC regulations, Strong analytical and financial assessment skills, Excellent attention to detail and time management, Effective communication & stakeholder management skills, Experience with lending policies & procedures, and Experience with KYC process.
Requirements: Bachelor's or Master's degree in any field. Experience: 2+ years in Pre-underwriting, Loan Processing, Mortgage Underwriting, or Post Close Underwriting in Australian, USA, or UK mortgage domains. Must-have: Strong understanding of Australian, US, or UK lending regulations. Advantageous: Candidates with strong communication experience with onshore clients have a competitive edge.
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