Analyst – Underwriting Services

Job Detail

About The Role:

As an Underwriting Services IC, you will play a crucial role in ensuring the accuracy and completeness of mortgage applications, evaluating financial documents, and assessing the creditworthiness of applicants.
You will have the opportunity to review a wide array of property, income and credit profiles. Additionally, there will be continued education to help you develop your skills and overall credit acumen, that will lead to a successful career in the mortgage industry. We value the experience gained while in this role to help bridge the gap to becoming a seasoned Underwriting Services analyst

About You:

Any Bachelor’s degree. However, a Bachelor’s degree in finance, business, or a related field is a plus
Minimum 2 years experience in US mortgage Underwriting
Strong analytical skills with the ability to evaluate complex financial documents
Knowledge of mortgage industry regulations,primarily conventional loan programs
Excellent communication and interpersonal skills
Flexibility to work in different time zones to accommodate US-based calls
Attention to detail and the ability to work independently
Having a knowledge of Collateral documents is a plus

Responsibilities:

Understanding of 4 C’s of Underwriting
Verify applicant’s Credit, Income, Asset and Collateral documentation along with Purchase contract agreements
Deep understanding of Ratio Calculation and AUS reading
Ensure correct documents are processed in company tools and portals used for underwriting
Ensure compliance with company policies, industry regulations, and underwriting guidelines throughout the evaluation process
Communicate effectively with applicants, loan officers, and other internal stakeholders to request additional information, explain decisions, and provide feedback
Maintain accurate records of underwriting decisions, reasons for approval or rejection of documents, and any additional documentation required
Stay up-to-date with industry trends, regulatory changes, and evolving underwriting practices to continuously improve the underwriting process
Initiate outbound calls or emails to collect essential information regarding the borrower