LIVE Underwriter test

SCOPE OF WORK FOR LIVE UNDERWRITER ROLE

• Loan Application Review & Credit Assessment:
  Review and analyze loan applications and supporting documentation including income, credit reports, employment history, and property details. Assess borrower creditworthiness using the 4 Cs methodology (Character, Capacity, Capital, Collateral) to ensure sound lending decisions.

• Income Calculation & Financial Analysis:
  Evaluate and calculate borrower income from various sources including salaried, hourly, commission, bonus, rental, and self-employment income. Analyze documents such as paystubs, W-2s, tax returns, and business financials (Schedule C, K-1, 1065, 1120S) to determine qualifying income accurately.

• Collateral & Property Evaluation:
  Review appraisal reports, AVMs, and residential valuation documents to validate property value and ensure compliance with lending guidelines. Analyze title reports, lien positions, and ownership details.

• Underwriting Decision & Documentation:
  Prepare detailed underwriting summaries, identify red flags, and document conditions and stipulations within the Loan Origination System (LOS), preferably Encompass. Recommend appropriate loan structures based on risk assessment.

• Workflow Management & Communication:
  Collaborate with processors and internal stakeholders throughout the underwriting lifecycle. Provide clear communication on loan decisions, required conditions, and final clear-to-close (CTC) status.

• Risk Identification & Compliance:
  Identify discrepancies, inconsistencies, and potential risks in loan files. Ensure all underwriting decisions comply with internal policies and regulatory requirements.

• Reporting & Reconciliation:
  Handle reconciliation of complex borrower accounts and prepare daily aging and pipeline reports to track loan progress and turnaround times.

• System Utilization & Process Adherence:
  Utilize LOS platforms (Encompass preferred) and adhere to underwriting workflows, ensuring accuracy, efficiency, and compliance with company standards.

JOB DETAILS

• Company: Sutherland
• Location: Navi Mumbai (Work From Office)
• Experience: 23 Years (Live Underwriting Mandatory)
• Shift: US Shift (6:30 PM 6:30 AM | Any 9 Hours)
• Week Offs: Saturday & Sunday Fixed
• Employment Type: Full-Time

REQUIRED QUALIFICATIONS & SKILLS

• HSC and Bachelors Degree (Mandatory)
• Strong understanding of 4 Cs of Credit
• Expertise in income calculation (including self-employed borrowers)
• Experience with LOS systems (Encompass preferred)
• Good analytical and decision-making skills
• Strong verbal and written communication
• Ability to work in a fast-paced, deadline-driven environment

Click & Apply:- https://wa.me/[phone removed]?text=Hi%2C%20I'd%20like%20to%20apply%20for%20Customer%20Service%20Consultant%20%5BREF4812W%5D