Team Lead- Underwriting

1 day ago

Pune, Maharashtra, India Mphasis Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Team Leader
-
Underwriter
Digital Risk's mission to Make
Mortgages Safe
?relies on the perfect blending of human experience and state-of-the-art technology to serve its workforce and clients.

Digital Risk's 1,500+ team members make us one of the largest mortgages outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and closing to the largest banks and loan originators.

Position Overview
The Underwriter's primary responsibilities include reviewing mortgage files submitted to Underwriting. This position requires calculating income, analyzing debt and assets, as well as completing an in-depth review of the completed appraisal and title. ?Additional responsibilities include entering data into the client's loan operating system, utilizing an automated underwriting system to determine approval and clearing conditions for Final Approval.? ?Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills.

Essential Job Functions

  • ?Perform complete and in-depth review of mortgage loan files including; income, assets, credit and collateral
  • ?Utilize client's loan operating system to ensure accurate data entry
  • ?Underwrite loans in accordance with client guidelines; utilizing AUS or manual guidelines
  • ?Evaluate and ensure overall loan documents are accurate, complete, and compliant
  • ?Ability to identify and/or clear red flag or s
  • ?Issue loan decision and condition file accordingly
  • ?Review and approve conditions for compliance and completion of loan file
  • ?Provide excellent customer service to internal and external clients
  • ?Maintain current knowledge of client and investor requirements
  • ?Resolve pre- and post-closing issues as they relate to underwriting
  • ?Assist Processors/Loan Officers in understanding underwriting decisions and conditions
  • ?Must be able to work in a high stress environment while delivering a high-level ?of customer service
  • ?Ability to work more than 40 hours, on an as needed basis

Requirements

  • ?Minimum 5+ years current ?conventional mortgage loan underwriting experience

o?Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags

o?Basic knowledge of appraisal and ability to recognize red flags and ineligible properties

  • ?Thorough working knowledge of GSE underwriting guidelines and automated underwriting engines (DU/LP)
  • ?Strong analytic, interpersonal, and verbal and written communication skills
  • ?Detail-oriented with strong ability to time manage
  • ?Ability to work in a flexible and production-oriented environment
  • ?Must be willing and able to work as part of a team
  • ?Strong capability to work in multiple systems - paperless environment
  • ?Must be willing to work in strict security environment
  • ?NMLS-MLO Licensure preferred
  • ?Candidates must be available to work outside of normal business hours when necessary

  • SME Underwriting Leader

    5 days ago

    Pune, Maharashtra, India beBeeUnderwriting Full time ₹ 1,04,000 - ₹ 1,30,878

    Job Title:SME Underwriting LeaderAbout the Role:We are seeking an experienced SME underwriter to lead our team and drive business growth.Key Responsibilities:Evaluate and underwrite SME business proposals across various product lines, ensuring compliance with risk assessment and underwriting guidelines.Conduct thorough analysis of proposals, assess risk...

  • Experienced Underwriter Leader Wanted

    3 days ago

    Pune, Maharashtra, India beBeeMortgage Full time ₹ 20,00,000 - ₹ 25,00,000

    About the Role:The Mortgage Underwriting Manager is responsible for leading and managing a team of Underwriters, ensuring the consistent application of credit and property guidelines, prudent risk assessment, and efficient decisioning of mortgage loans.This role involves fostering a culture of accuracy, compliance, and continuous improvement within the...

  • Credit Mortgage Underwriter

    4 days ago

    Pune, Maharashtra, India Selections HR Services Private Limited Full time

    K Mortgage Underwriter with expertise in the 4 C's of underwriting (Credit, Capacity, Collateral, and Capital). The ideal candidate will have experience in risk assessment, income calculations, and property evaluation, ensuring compliance with underwriting guidelines and regulatory standards. Shift & Working Days: Shift: U.Working Days: 5 days of working....

  • AVP -Commercial Lines Underwriting

    3 weeks ago

    Pune, Maharashtra, India Liberty Mutual Full time

    Job DescriptionPrimary ResponsibilitiesOverall Underwriting of Commercial Lines products for all business channel / verticals at West Zone level which includes- Managing referrals of Commercial Lines for West zone- Ensuring adherence to Underwriting Guidelines and delegated authority.- Leading, guiding, and mentoring the team of young underwriters in...

  • U.K Mortgage Underwriter

    4 weeks ago

    Pune, Maharashtra, India Selections HR Services Private Limited Full time

    We are seeking a skilled U.K Mortgage Underwriter with expertise in the 4 C's of underwriting (Credit, Capacity, Collateral, and Capital). The ideal candidate will have experience in risk assessment, income calculations, and property evaluation, ensuring compliance with underwriting guidelines and regulatory standards.Shift & Working Days:Shift: U.K (11am...

  • U.K Mortgage Underwriter

    4 days ago

    Pune, Maharashtra, India Selections HR Services Private Limited Full time

    We are seeking a skilled U.K Mortgage Underwriter with expertise in the 4 C's of underwriting (Credit, Capacity, Collateral, and Capital). The ideal candidate will have experience in risk assessment, income calculations, and property evaluation, ensuring compliance with underwriting guidelines and regulatory standards. Shift & Working Days: Shift: U.K...

  • Senior Underwriting Manager

    3 days ago

    Pune, Maharashtra, India beBeeInsurance Full time ₹ 1,00,00,000 - ₹ 1,50,00,000

    We are seeking a skilled and experienced professional to fill the role of Assistant Manager, Property & Casualty Insurance.">Job Summary:As an Assistant Manager, you will be responsible for overseeing a team of 15-30 members, managing underwriting, policy administration, claims, and submissions. You will also be required to develop and implement strategies...

  • Senior Commercial Lines Underwriting Specialist

    3 days ago

    Pune, Maharashtra, India beBeeUnderwriter Full time US$ 9,00,000 - US$ 12,00,000

    Commercial Lines Underwriter: A Critical Role">Job Summary:The ideal candidate will oversee the underwriting of commercial lines products across various business channels and verticals in the West Zone, ensuring adherence to guidelines and delegated authority.Manage referrals for commercial lines, guaranteeing adherence to underwriting protocols and...

  • Mortgage Underwriter Role

    4 days ago

    Pune, Maharashtra, India beBeeRisk Full time ₹ 8,00,000 - ₹ 12,00,000

    Mortgage Underwriter RoleWe are seeking an experienced Mortgage Underwriter to join our team. The successful candidate will be responsible for reviewing and screening mortgage applications, assessing risk, and ensuring compliance with underwriting guidelines.The ideal candidate will have a strong understanding of the 4 C's of underwriting (Credit, Capacity,...

  • Underwriter Health Insurance

    22 hours ago

    Pune, Maharashtra, India Valorcrest Solutions Full time ₹ 1,04,000 - ₹ 1,30,878 per year

    Role & responsibilitiesThe Underwriter is responsible for evaluating and analysing the risks involved in Health insurance proposals-Group Mediclaim; Group Personal Accident; Workmen Compensation; Group Term Insurance etc.They ensure sound underwriting practices while working closely with insurers and clients tosecure optimal coverage and terms.Key...