Job Title: U.K. Mortgage Underwriter
Client: One of the Top MNCs
We are seeking a skilled U.K Mortgage Underwriter with expertise in the 4 C's of underwriting (Credit, Capacity, Collateral, and Capital). The ideal candidate will have experience in risk assessment, income calculations, and property evaluation, ensuring compliance with underwriting guidelines and regulatory standards.
Shift & Working Days:
- Shift: U.K (afternoon shifts).
- Working Days: 5 days of working.
Key Responsibilities:
- Underwriting Activities: Review, analyze, and approve/deny mortgage applications based on risk assessment and investor guidelines.
- 4 C's of Underwriting: Evaluate borrower's Credit, Capacity, Collateral, and Capital to determine loan eligibility.
- Income Calculation: Assess borrower income using tax returns, W-2s, pay stubs, and financial statements.
- Risk Assessment: Analyze creditworthiness, property valuation, and overall lending risks to ensure sound decision-making.
- Compliance & Quality Control: Ensure adherence to federal, state, and investor regulations, maintaining high-quality underwriting standards.
- Collaboration: Work closely with loan officers, processors, and other stakeholders to streamline the underwriting process.
Requirements:
- Experience: Minimum 2 years in mortgage underwriting, preferably in U.S. or U.K. or global residential loans.
- Attention to Detail: Strong analytical skills to assess financial documents and property risks accurately.
- Communication: Ability to articulate underwriting decisions effectively to internal teams and external stakeholders.
