Infosys BPM is hiring For US mortgage
- Infosys
- 2 - 7 years
- Bengaluru
- 4 years ago
- Email to a friend
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Job Description
Infosys BPM is hiring for US mortgage Underwriter for Bangalore location
Please find below the JD :
Domain Specific Requirement:
- Should have 4+ years of Underwriting/Re-underwriting Mortgage experience in Conventional, FHA & VA loans (Government) products. Must have LIVE UNDERWRITING experience.
- Strong understanding of Desktop Underwriting (DU) and Loan Prospector (LP)
- Analyze Income & employment, credit strength, property appraisal, check over debt to Income (DTI) and Loan to value (LTV)and all other information pertinent to the credit decision process on each mortgage application, as presented by the applicant
- Underwriter to validate that a prospective mortgagors loan application adheres to the Investors , Secondary Investors (Fannie & Freddie) and guidelines of applicable government agencies to approve the loan
- Analyzing the risk involved in approving a loan to determine whether or not it is acceptable to the Investor.
- Cite defects for any deficiencies observed on the loan.
- Verify accuracy of the supporting employment documents, source of down payment/ reserves, appraisal value and property title commitment received
- Review legal documents, if present, to ensure the accuracy & completeness
- Identify the mortgage insurance requirement (MI) and follow the MI guidelines, if applicable
Additional responsibilities of the Post-Closing Underwriter include:
- Maintaining service level standards
- Identify the training needs & implement of training's to the team.
- Create KRA for the team to align with the process Objectives
- Review process compliance, conduct internal governance for any internal/regulatory audits, PPM framework
- Supporting Team Leader and other Team Members to deliver the optimum level of output
- Adhering to all process deadlines
Interested candidates, revert with your updated resume to Ni**********n@in****s.com along with below details :
Overall experience:
Experience with live underwriting:
Knowledge you posses from mention ("4C","closing documents","FHA","conventional underwriting","Income calculations","credit verification","asset validation","Appraisal review"):
Current CTC:
Expected CTC:
Notice period:
Willingness to work in rotational shifts:
Job Classification
Industry: BPO, Call Centre, ITeSFunctional Area: Financial Services, Banking, Investments, Insurance,
Role Category: Corporate Banking
Role: Corporate Banking
Employement Type: Full time
Education
Under Graduation: Any Graduate in Any SpecializationPost Graduation: Any Postgraduate in Any Specialization
Doctorate: Doctorate Not Required, Any Doctorate in Any Specialization
Contact Details:
Company: Infosys BPM LimitedAddress: 26/3,26/4 , 26/6, ELECTRONIC, CITY, HOSUR ROAD, , BANGALORE, Karnataka, India
Location(s): Bengaluru
Keyskills: underwriting conventional underwriting Appraisal review Loan Prospector property appraisal closing documents credit verification asset validation Desktop Underwriting FHA underwriter 4c
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