About The Client: The Client is an American-owned company based in the US with offices in India and the Philippines. A tech-forward outsourcing company specializing in supporting the US mortgage, insurance, and banking industries.
Essential Job Functions:
Manage the company underwriting department and coordinate origination vertical
Manage the execution of underwriting, portfolio analysis and account- base decision making in accordance with established guidelines and processes.
Review of government sponsor (FHA, VA, USDA) loans to ensure adherence to specific policies and procedures.
Direct all underwriting activities in the origination of home equity loans and lines of credit.
Train all staff members on successful sales techniques to help facilitate consumer, conventional, FHA, commercial mortgage loans.
Analyze appraisals for acceptability to Client standards.
Manage the execution of underwriting, portfolio analysis and account- base decision making in accordance with established guidelines and processes.
Prepare and present monthly ALCO indirect lending reports.
Prepare various reports including month-end pipeline and activity reports for ALCO meetings, executive meetings and board reports.
Analyze conventional refinance and purchase transactions through DU/LP ensuring compliance with appropriate company and secondary market investor standards. Moder Solutions India Pvt. Ltd. (Formerly known as Archwell Operations India
Qualifications: We are looking for a manager that can lead this new team to success. We'll be looking for the following characteristics during our search for you:
10+ years of experience in underwriting Client, FHLMC, FHA (Conventional/Non-Conventional Loans)
Need to have minimum 6 Years Management experience in papers
Should have through understanding on 4C,S in UW
Prior experience managing mid to large size team
Knowledge of agency underwriting product guidelines
Familiarity with Desktop Underwriter (DU) & Loan Product Advisor (LPA)
Strong communication, organization, and time management skills
Ability to Solve problem Independently
Ability to maintain composure in a fast-paced environment
The drive to build something new
Decision Making and Analytic skill
Education & Experience
Educational qualification and years of experience required in any specific domain/skill for the role
Basic Degree completion (15 years of education)
Good written and oral communications skills in English
US Mortgage Experience in Origination with UW Experience
How to Apply: Interested candidates are encouraged to respond/submit their updated resumes, and for additional job opportunities, please visit Jobs In India - VARITE.
Unlock Rewards: Refer Candidates and Earn. If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the referred candidate completes a three-month assignment with VARITE.
Experience Level Bonus Referral:0-2 yearsINR 5,0002-6 yearsINR 7,5006+ yearsINR 10,000 About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.
Equal Opportunity Employer: VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status.
