Lead Associate - Transactional Quality - Chennai - DLF

Job Description

Knowledge of mortgage underwriting and Agency automated underwriting systems Demonstrate a full understanding of agency guidelines as well as posted lender internal guidelines Review all mortgage applications and documentation for accuracy and completeness Review and complete a full analysis of all types of income (Self-Employed, Rental, Wage, etc.), assets, liabilities, credit, and collateral Analyze credit, income, and assets on a loan-by-loan basis to properly assess individual risk and promptly provide underwriting decisions to Mortgage Originators Review property documentation including title commitments, sales contracts, insurance, and flood determinations Maintain a well-developed knowledge of loan product guidelines and industry regulations, including assisting in the prevention, detection, and resolution of mortgage fraud Review and analyze appraisals for value and compliance with industry requirements Independently make sound decisions based on the creditworthiness of applicants, following established underwriting guidelines, policies, procedures, and experience Provide exceptional customer care (both internal and external) to build customer loyalty Maintain confidentiality of all customer and employee information Respond positively to feedback and redirection Fully utilize systems, tools, training, and resources provided to maximize potential Assist other departments as needed Meet daily production targets Meet daily SLA requirements Meet daily quality requirements Qualifications : Education : Bachelor's degree in any stream Experience : 2+ years of increasingly responsible experience in related areas Experienced mortgage professional with 23 years in mortgage underwriting Complete understanding of Conventional, FHA, and VA underwriting guidelines Working knowledge of real estate lending criteria and compliance with federal, state, and agency requirements Ability to multi-task and manage time efficiently Strong organizational skills, attention to detail, and proficiency in Microsoft Office Good analytical and problem-solving skills Strong verbal and written communication skills Highly adaptive and open to changes as organizational needs evolve