Altisource - Senior Underwriting Analyst

We are hiring for Underwriters - please read below details :

Business Summary :

- Altisource Originations Services (AOS) provides support services to residential mortgage banking businesses.

- This position reports directly to the Team Leader.

Responsibilities include :

- Maintain a working knowledge of all current underwriting guidelines, federal and state lending laws and have the ability to comprehensively explain all to others within and outside the organization.

- Interpret credit policy and investor guidelines and apply them to specific loans.

- Review accuracy and completeness of documents pertaining to Credit & Borrower Profile, Liabilities & Ratios, Employment & Income, Assets, Reserves & Down payment, Occupancy & Transaction Type, Title, Appraisal, Purchase Agreement and Program Specific documents.

- Review re-verification documentation and third party vendor documents in the loan file.

- Review loan file for compliance with all agency guidelines and client overlays.

- Audit and/or re-underwrite loans from a credit, income and collateral standpoint on a daily basis and note any underwriting exceptions.

- Assess salability issues and repurchase risk and review for Frauds and Red Flags.

- Audit closed loan disclosures and signed loan documents.

- Effectively communicate with onshore QC Underwriters & SMEs to ensure quality output.

Key Result Areas :

- Meet or exceed productivity standard for new loan files audited per day.

- 100% accuracy with finding defects and errors on files audited.

Skill Set Required :

- Candidate to have experience into Credit & Income and Collateral.

- Mortgage Underwriting experience would be added advantage and preferred.

- Insurance and Finance Underwriting would not be considered.

Request you to forward your profiles or walk down for an interview at the below address from Monday to Friday between 1PM to 6PM.

Walk down to below Address :

Altisource
7th Floor,Vishwaroop IT Park,Sector 30-A,Vashi,Navi Mumbai-400705,India
www.altisource.com
Monday to Friday - 1pm to 7pm.
Team HR