Mortgage Loan Assessment Specialist

Job Description

Role Overview:As a Senior Analyst in Australian Mortgage Underwriting at HCL TECH in Chennai, you will be responsible for auditing loans to ensure compliance with bank policies and regulatory requirements. Your main tasks will include analyzing customer financial positions, assessing credit history, and communicating with external stakeholders.Key Responsibilities:- Analyzing customer financial positions, employment history, credit history, and ability to repay.- Understanding and applying the 4 Cs of Credit effectively.- Ensuring compliance with regulatory and company guidelines.- Assessing credit risk and determining loan approval/decline decisions.- Applying lending/credit policy, mortgage insurance guidelines, and risk assessment principles.- Communicating with external stakeholders, including Brokers/Lenders.- Demonstrating strong customer-centric communication skills.- Loan Application Assessment- Creditworthiness Evaluation- Income Verification- Risk Analysis- Property Valuation Review- Reviewing Loan-to-Value Ratio (LVR)- Approval or Declination of Loans- Fraud DetectionQualifications Required:- Bachelors or Masters degree in any field.- 2 years of experience in Mortgage Underwriting and Quality in Australian, USA, or UK mortgage domains.- Strong understanding of Australian, US, or UK lending regulations.- Knowledge of Responsible Lending Obligations.- Understanding of APRA and ASIC regulations.- Strong analytical and financial assessment skills.- Excellent attention to detail and time management.- Effective communication & stakeholder management skills.- Experience with lending policies & procedures.- Experience with the KYC process.(Note: No additional details of the company were provided in the job description.) Role Overview:As a Senior Analyst in Australian Mortgage Underwriting at HCL TECH in Chennai, you will be responsible for auditing loans to ensure compliance with bank policies and regulatory requirements. Your main tasks will include analyzing customer financial positions, assessing credit history, and communicating with external stakeholders.Key Responsibilities:- Analyzing customer financial positions, employment history, credit history, and ability to repay.- Understanding and applying the 4 Cs of Credit effectively.- Ensuring compliance with regulatory and company guidelines.- Assessing credit risk and determining loan approval/decline decisions.- Applying lending/credit policy, mortgage insurance guidelines, and risk assessment principles.- Communicating with external stakeholders, including Brokers/Lenders.- Demonstrating strong customer-centric communication skills.- Loan Application Assessment- Creditworthiness Evaluation- Income Verification- Risk Analysis- Property Valuation Review- Reviewing Loan-to-Value Ratio (LVR)- Approval or Declination of Loans- Fraud DetectionQualifications Required:- Bachelors or Masters degree in any field.- 2 years of experience in Mortgage Underwriting and Quality in Australian, USA, or UK mortgage domains.- Strong understanding of Australian, US, or UK lending regulations.- Knowledge of Responsible Lending Obligations.- Understanding of APRA and ASIC regulations.- Strong analytical and financial assessment skills.- Excellent attention to detail and time management.- Effective communication & stakeholder management skills.- Experience with lending policies & procedures.- Experience with the KYC process.(Note: No additional details of the company were provided in the job description.)

Keyskills :
Analytical SkillsCommunication SkillsFinancial Assessment SkillsStakeholder Management SkillsLending PoliciesProcedures