Senior Credit Analyst

5 hours ago


Guntur, Andhra Pradesh, India beBeeUnderwriter Full time ₹ 15,00,000 - ₹ 20,00,000
Job Title: Underwriter

The Credit Risk Analyst will be responsible for performing in-depth credit assessments on all loan files, analyzing property appraisal and borrower income sources, and making determinations on loan elements.

Key Responsibilities:
  1. Complete thorough credit analysis on all loan files pursuant to automated underwriting system findings or manual loan approvals.
  2. Analyze property appraisal reports to ensure value is supported and property meets all eligibility requirements.
  3. Re-calculate and analyze borrower income sources as required by regulatory guidelines.
  4. Analyze borrower's debt load and calculate debt-to-income ratio.
  5. Make determinations that loan elements are compliant with investor guidelines.
  6. Interpret results of re-verifications received during quality control review and cite defects accordingly.
  7. Enter defined loan data into Quality Control systems.
  8. Review closing documents and disclosures on all loan files.
  9. Analyze Note, Mortgage, and Assignment documents with emphasis on accuracy.
  10. Check file for all legal documents.
  11. Perform High Cost, APR, Amount Financed, and State Predatory tests in Compliance Review systems.
  12. Comment on loan inaccuracies, deficiencies, and missing items.
  13. Assign loan level defects according to severity and type of deficiency, emphasizing overall investor and agency risk.
Requirements:
  • A minimum of 1-5 years' experience in mortgage underwriting, processing, and/or quality control.
  • Bachelor's degree in business or related field; or equivalent work experience.

Knowledge of lending compliance, such as TRID, is highly desirable.



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