
Live Underwriter
2 days ago
Job Title: Underwriter
Location: Chennai (Work from Office)
Shift Timing: US Shift (Flexible Night Shift)
Experience Required: 3+ Years
Notice Period: Immediate to 15 Days
Cab Facility: One-way cab provided
Salary Range: 4 LPA 8 LPA (Based on experience and interview performance)
Key Responsibilities:
- Review and assess mortgage loan applications for completeness and accuracy
- Conduct pre-underwriting, live underwriting, and credit risk evaluation
- Analyze applicants financial documents, credit reports, and income statements
- Ensure compliance with underwriting guidelines, company policies, and regulations
- Evaluate loan risk based on the 4 Cs: Capacity, Credit, Cash, and Collateral
- Communicate effectively with internal teams to resolve missing or unclear information
- Make sound and timely underwriting decisions based on risk factors
- Maintain records of all decisions and ensure documentation is complete
Required Skills & Qualifications:
- Minimum 3 year of experience in Loan Origination and Underwriting
- Proficient in Pre-Underwriting, Underwriting, or Live Underwriting
- In-depth knowledge of Capacity, Credit, Cash, and Collateral (4 Cs)
- Strong analytical, problem-solving, and decision-making skills
- Familiarity with US mortgage guidelines and lending practices is preferred
- Excellent communication and documentation skills
- Ability to work independently and handle pressure in a fast-paced environment
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