Chartered Accountant

Job Description

ABC is one of the largest private sector companies in India and globally admired for its practices. The company is looking for suitable candidate for the Niche profile of Underwriter / Sr. Underwriter US Residential Mortgage in Gurugram.The requirement is very specific and please refer to the below checkpoints to eligibility.Candidate should have at least 1 years Experience in Core Underwriting of Mortgage for US (United States). Note: Underwriting experience for other countries, eg. UK, Australia, NZ, etc. is NOT relevant for this role. Having only good knowledge (and no experience) is also not relevant.Candidate should have Exposure Only in Residential Mortgage Underwriting. Note: Experience in any other form, eg. Commercial Underwriting, Student loan, etc. is not relevant.Candidate should NOT have an Employment / Working Gap of More than 6 Months within the same underwriting Profile.Core underwriting experience is a must. Good working knowledge of all 4 Cs of Underwriting. I.e. Credit. Capacity, Collateral and Capital. Note: Other forms like Modification / Mitigation underwriting are not relevant.Candidate should have exposure and Experience in Underwriting Process as a Core Underwriter. Eg. Loss Mitigation, Loan Processing, Modification, Servicing, etc. Note: Only Auditing experience is not relevant candidate should have experience in reviewing of collaterals including in-depth analysis of appraisal reports, Title commitment, Fraud risk checks, Insurances documents and Sales contract.Candidate should have Exposure to work under Credit policy guidelines and investor guidelines (Including FNMA, FHLMC, FHA, VA & USDA) and apply them to specific loans for effective sale in the secondary market.Candidate should have experience in analysis of Assets, Income and Credit to ensure borrower profile, transaction and properties meet the companys lending criteria.Stringently look for parameters of Loan to Value (LTV), Debt to Income ratio (DTI) and Housing to

Keyskills :
Underwriter Loan Processing