Mortgage Underwriting Analyst

2 days ago


Mumbai, Maharashtra, India JPMorganChase Full time ₹ 12,00,000 - ₹ 36,00,000 per year

JOB DESCRIPTION

Are you ready to make a significant impact in private banking? At JPMorgan Chase, we seek a dedicated and detail-oriented Underwriting QC Analyst for our Private Banking Mortgage team. Your expertise in Accounting, Banking & Finance, Mathematics, and US mortgages will help us uphold the highest standards of credit risk compliance for our High Net Worth (HNW) and Ultra High Net Worth (UHNW) clients.

Job Summary

As a Private Bank Mortgage Underwriting QC Analyst within the Private Banking Mortgage team, you will play a crucial role in supporting the mortgage origination business by performing underwriting analysis to determine credit risk on mortgage applications. You will ensure all loan decisions conform to internal credit policies, protecting the bank from financial, reputational, and regulatory risks. You will collaborate with global stakeholders and internal teams to drive the mortgage origination process from start to finish.

Job Responsibilities

  • Review and enter loan information as per current underwriting guidelines into the loan system.
  • Analyze income by reviewing and validating US financial documents such as Paystubs, W2s, Tax Returns, and K-1s.
  • Conduct credit analysis by reviewing consumer credit reports, assessing credit scores, delinquencies, and public records.
  • Perform balance sheet and financial analysis, determining liquid and non-liquid assets and liabilities.
  • Review relevant underwriting conditions based on the loan application and ensure timely clearance.
  • Review and analyze collateral documents to ensure compliance with company policies and regulatory requirements.
  • Identify credit risks, collateral variances, and deviations from standard underwriting guidelines.
  • Adhere to the 30-day timeline for all credit decisions from a Regulation B (ECOA) standpoint.
  • Collaborate with global stakeholders and internal teams to drive the mortgage origination process.
  • Communicate findings and recommendations clearly to relevant parties.
  • Maintain accurate records and documentation for all underwriting decisions

Required qualifications, capabilities, and skills

  • Hold a Bachelor's degree in Commerce, Business, Finance, Accounting, or a related field.
  • Minimum 4 years of Mortgage Underwriting experience in US mortgage loan originations.
  • Apply strong knowledge of Accounting, Banking & Finance, Mathematics, and tools like MS Excel and MS Teams.
  • Exhibit experience in reviewing and analyzing US financial documents such as Bank/Asset statements, Balance Sheet/Personal Financial statements, Profit & Loss statements, Personal Tax Returns, Appraisal, Purchase Contract, and Credit reports.
  • Understand all stages of the mortgage origination life cycle thoroughly.
  • Communicate effectively with strong written and verbal skills and excellent command of English.
  • Adapt to working in shifts as per business requirements.

Preferred qualifications, capabilities, and skills

  • Gain exposure to production management, work allocation, prioritization, exception handling, and process documentation.
  • Apply working knowledge of major US mortgage regulations.
  • Demonstrate excellent analytical skills with attention to detail.
  • Adapt flexibly to work in US, ASIA, and EMEA shifts.
  • Exhibit experience in process improvement initiatives.
  • Utilize advanced problem-solving skills in complex scenarios.
  • Communicate effectively with cross-functional teams

ABOUT US

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

ABOUT THE TEAM

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.



  • Mumbai, Maharashtra, India JPMorgan Chase Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Are you ready to make a significant impact in private banking? At JPMorgan Chase, we seek a dedicated and detail-oriented Underwriting QC Analyst for our Private Banking Mortgage team. Your expertise in Accounting, Banking & Finance, Mathematics, and US mortgages will help us uphold the highest standards of credit risk compliance for our High Net Worth (HNW)...


  • Mumbai, Maharashtra, India JPMorganChase Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    JOB DESCRIPTIONLeverage your analytical skills and industry knowledge to enhance client satisfaction and operational efficiency. You'll play a key part in maintaining a dynamic loan portfolio and fostering continuous improvement.As a Wealth Management Mortgage Solutions Analyst in the Wealth Management Mortgage Solutions team, you partner with Mortgage...


  • Mumbai, Maharashtra, India Vow Sourcing Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Company DescriptionAt Vow Sourcing, we connect ambitious businesses in Australia, the USA, and the UK with top-tier remote professionals. Our mission is to provide cost-effective remote staffing solutions, allowing businesses to focus on growth and efficiency. By outsourcing to our high-performing professionals in India and the Philippines, clients can...


  • Mumbai, Maharashtra, India Mumbai Rozgaar Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Candidate should have extremely good knowledge of US mortgage live underwriting process.Candidate should have experience in conditioning underwriting process.Candidate should have minimum 2-5 years of experience in UW mortgage underwriting.Requires critically to support the development, testing, and implementation of new automated underwriting condition...

  • Loan Underwriter

    2 weeks ago


    Navi Mumbai, Maharashtra, India Sutherland Global Services Private Limited Full time ₹ 1,20,000 - ₹ 1,50,000 per year

    Associate / Senior Associate (Underwriting) Company Description Sutherland is a digital transformation company focused on delivering exceptional experiences for both customers and employees. For over 37 years, we have been entrusted with caring for our clients' customers - a responsibility we believe we should earn every day. We are dedicated to making...


  • Mumbai, Maharashtra, India SKILLZREVO SOLUTIONS PVT LTD Full time ₹ 42,00,000 - ₹ 84,00,000 per year

    Key Responsibilities:●Engage with borrowers to understand their funding requirements, business goals, repayment capacity.●Review credit scores, financial statements, and collateral details to assess loan eligibility.●Match each borrower to the most suitable bank/NBFC product from our network, balancing interest rates, tenures, and loan...


  • Mumbai, Maharashtra, India Citi Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Whether you're at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you'll have the opportunity to expand your skills and make a difference at one of the world's most global banks. We're fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure...


  • Mumbai, Maharashtra, India Citi Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    Discover your future at CitiWorking at Citi is far more than just a job. A career with us means joining a team of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.Job OverviewWhether you're at the start of your career or looking to discover...


  • Mumbai, Maharashtra, India Citi Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    The Underwriter is a strategic professional with excellent communication skills required in order to negotiate internally, often at a senior level. Developed communication and diplomacy skills are required in order to guide, influence and convince others, in particular colleagues in other areas and occasional external customers. Accountable for significant...

  • Analyst, Acquisitions

    2 weeks ago


    Mumbai, Maharashtra, India Amherst Group Full time ₹ 10,00,000 - ₹ 15,00,000 per year

    Department / Role Overview: Amherst ResidentialAmherst is revolutionizing the way U.S. real estate is priced, managed and financed in order to unlock opportunities for all market participants. Driven by data, analytics, and technology, Amherst has a 20-year history of anticipating where the next risks and opportunities are likely to emerge and designing...